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Hungary - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGloves Price in Hungary - 2023
Contents:
- Gloves Price in Hungary (CIF) - 2022
- Gloves Price in Hungary (FOB) - 2022
- Gloves Imports in Hungary
- Gloves Exports in Hungary
Gloves Price in Hungary (CIF) - 2022
The average gloves import price stood at $3.5 per pair in 2021, shrinking by -3.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. As a result, import price attained the peak level of $4 per pair. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($29 per pair), while the price for the Czech Republic ($4.1 per pair) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+0.0%), while the prices for the other major suppliers experienced a decline.
Gloves Price in Hungary (FOB) - 2022
In 2021, the average gloves export price amounted to $7 per pair, growing by 228% against the previous year. Over the period under review, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($78 per pair), while the average price for exports to Slovakia ($5 per pair) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Gloves Imports in Hungary
After two years of decline, overseas purchases of gloves, mittens and mitts (excluding knitted or crocheted) increased by 32% to 1.3M pairs in 2022. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, gloves imports skyrocketed to $4.4M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Gloves in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 680 | 414 | 668 | -0.9% | |
France | 634 | 595 | 649 | 1.2% | |
Germany | 489 | 589 | 533 | 4.4% | |
Poland | 321 | 334 | 341 | 3.1% | |
Austria | 248 | 188 | 188 | -12.9% | |
Sweden | 188 | 130 | 160 | -7.7% | |
Slovakia | 144 | 144 | 141 | -1.0% | |
India | 18.1 | 24.2 | 103 | 138.5% | |
Belgium | 73.7 | 91.2 | 97.7 | 15.1% | |
Netherlands | 111 | 153 | 90.7 | -9.6% | |
Czech Republic | 53.6 | 60.8 | 73.1 | 16.8% | |
Ireland | 13.9 | 1.9 | 69.3 | 123.3% | |
Italy | 64.3 | 31.3 | 46.3 | -15.1% | |
Others | 1,028 | 943 | 229 | -52.8% | |
Total | 4,067 | 3,698 | 3,389 | -8.7% |
Top Suppliers of Gloves to Hungary in 2022:
- China (83.2K pairs)
- Poland (38.7K pairs)
- Germany (37.6K pairs)
- France (22.5K pairs)
- Slovakia (21.5K pairs)
- Czech Republic (17.8K pairs)
- India (13.4K pairs)
- Sweden (13.1K pairs)
- Netherlands (8.7K pairs)
- Austria (8.1K pairs)
- Italy (6.9K pairs)
- Belgium (6.9K pairs)
- Ireland (4.8K pairs)
Gloves Exports in Hungary
In 2022, gloves exports from Hungary stood at 376K pairs, surging by 12% on the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 164%. As a result, the exports attained the peak of 571K pairs. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, gloves exports declined slightly to $2.3M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 93% against the previous year. As a result, the exports attained the peak of $2.4M, and then shrank in the following year.
Export of Gloves in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Sweden | 344 | 249 | 917 | 63.3% | |
Ukraine | 104 | 212 | 475 | 113.7% | |
Slovakia | 92.9 | 62.3 | 290 | 76.7% | |
Romania | 108 | 69.0 | 149 | 17.5% | |
United States | 1.2 | 4.7 | 149 | 1014.3% | |
Serbia | 19.7 | 44.0 | 127 | 153.9% | |
Croatia | 9.1 | 6.8 | 23.1 | 59.3% | |
Poland | 88.5 | 403 | 18.7 | -54.0% | |
Czech Republic | 80.8 | 7.4 | 15.2 | -56.6% | |
Others | 253 | 164 | 187 | -14.0% | |
Total | 1,102 | 1,221 | 2,352 | 46.1% |
Top Export Markets for Gloves from Hungary in 2022:
- Slovakia (57.8K pairs)
- Ukraine (29.4K pairs)
- Sweden (11.7K pairs)
- Serbia (6.6K pairs)
- Romania (3.8K pairs)
- Croatia (3.8K pairs)
- United States (2.6K pairs)
- Czech Republic (1.1K pairs)
- Poland (0.7K pairs)
This report provides an in-depth analysis of the gloves market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the gloves market in Hungary.
This report provides an in-depth analysis of the global gloves market.
This report provides an in-depth analysis of the gloves market in Hungary.
This report provides an in-depth analysis of the global gloves market.
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