Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,983 per ton, which is down by -21.3% against the previous year. Overall, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2021 when the average import price increased by 56% against the previous year. As a result, import price reached the peak level of $11,411 per ton, and then reduced rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($40,044 per ton), while the price for China ($6,728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $13,391 per ton, growing by 22% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted increased by +48.7% against 2020 indices. As a result, the export price attained 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 Albania ($26,170 per ton), while the average price for exports to Latvia ($8,791 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary
For the third consecutive year, Hungary recorded decline in supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which decreased by -26% to 16 tons in 2022. In general, imports showed a significant decrease. The smallest decline of -9.4% was in 2021.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted fell remarkably to $142K in 2022. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 41%.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.9 | 87.5 | 160 | 89.4 | 49.2% |
| Germany | 38.1 | 43.3 | 19.1 | 21.5 | -17.4% |
| Austria | 0.4 | 3.4 | 19.9 | 14.7 | 232.5% |
| Belgium | 16.3 | 16.3 | 21.6 | 12.6 | -8.2% |
| Italy | 38.3 | N/A | 10.5 | 3.4 | -55.4% |
| Hong Kong SAR | 411 | N/A | N/A | N/A | 0% |
| Turkey | 18.3 | 20.5 | N/A | N/A | 12.0% |
| Others | 26.8 | 1.2 | 12.1 | N/A | -32.8% |
| Total | 576 | 172 | 243 | 142 | -37.3% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Hungary in 2022:
- China (13.3 tons)
- Belgium (1.3 tons)
- Germany (0.7 tons)
- Austria (0.4 tons)
- Italy (0.1 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary
Exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from Hungary dropped dramatically to 10 tons in 2022, declining by -48.2% against the previous year's figure. Over the period under review, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 8.4%.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted declined notably to $137K in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $216K, and then fell sharply in the following year.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 58.5 | 80.3 | 106 | 61.3 | 1.6% |
| Slovakia | 70.7 | 42.8 | 52.7 | 26.5 | -27.9% |
| Albania | N/A | N/A | 0.2 | 20.3 | 10050.0% |
| Estonia | 1.5 | 12.2 | 9.5 | 9.5 | 85.0% |
| Romania | 45.3 | 24.0 | 26.7 | 9.0 | -41.6% |
| Italy | 0.4 | 0.6 | 5.6 | 4.8 | 128.9% |
| Slovenia | 4.1 | 1.6 | 3.7 | 2.6 | -14.1% |
| Latvia | 1.3 | 0.6 | 1.7 | 2.2 | 19.2% |
| Others | 2.6 | 1.6 | 9.4 | 0.5 | -42.3% |
| Total | 184 | 164 | 216 | 137 | -9.4% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Hungary in 2022:
- Czech Republic (5.1 tons)
- Slovakia (2.0 tons)
- Romania (0.8 tons)
- Albania (0.8 tons)
- Estonia (0.7 tons)
- Italy (0.3 tons)
- Latvia (0.3 tons)
- Slovenia (0.2 tons)
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