Price for Knitted or Crocheted Pile Fabrics in Hungary - 2023
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Hungary (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Hungary (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Hungary
- Exports of Knitted or Crocheted Pile Fabrics in Hungary
Price for Knitted or Crocheted Pile Fabrics in Hungary (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $6,478 per ton, reducing by -19.6% against the previous year. Overall, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 152% against the previous year. As a result, import price reached the peak level of $17,344 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($24,380 per ton), while the price for Romania ($2,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Hungary (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $8,262 per ton in 2022, with a decrease of -14.3% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 181%. Over the period under review, the average export prices reached the peak figure at $56,644 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($30,105 per ton), while the average price for exports to Romania ($3,567 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 Costa Rica (+62.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knitted or Crocheted Pile Fabrics in Hungary
In 2022, approx. 1.7K tons of knitted or crocheted pile fabricses were imported into Hungary; rising by 20% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, knitted or crocheted pile fabrics imports reduced to $11M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 7.2%. As a result, imports attained the peak of $12M, and then shrank modestly in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 5.5 | 4.7 | 4.2 | -2.3% |
| Spain | 1.7 | 1.9 | 2.0 | 1.9 | 3.8% |
| Germany | 2.3 | 2.1 | 2.4 | 1.5 | -13.3% |
| Italy | 0.8 | 0.5 | 0.7 | 0.9 | 4.0% |
| Netherlands | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Slovenia | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Romania | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.3 | 0.5 | 1.2 | 2.1 | 17.3% |
| Total | 11.1 | 10.9 | 11.7 | 11.3 | 0.6% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Hungary in 2022:
- China (769.0 tons)
- Germany (183.6 tons)
- Spain (78.3 tons)
- Italy (51.7 tons)
- Slovenia (31.0 tons)
- Romania (29.7 tons)
- Netherlands (27.2 tons)
Exports of Knitted or Crocheted Pile Fabrics in Hungary
In 2022, approx. 311 tons of knitted or crocheted pile fabricses were exported from Hungary; increasing by 4.1% compared with 2021 figures. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 224%. As a result, the exports reached the peak of 323 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, knitted or crocheted pile fabrics exports reduced to $2.6M in 2022. Overall, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 27%.
| Export of Knitted or Crocheted Pile Fabrics in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 471 | 358 | 298 | 579 | 7.1% |
| Costa Rica | N/A | N/A | 138 | 536 | 288.4% |
| Czech Republic | 529 | 530 | 689 | 454 | -5.0% |
| Romania | 636 | 461 | 655 | 388 | -15.2% |
| Turkey | 51.1 | 44.7 | 27.9 | 300 | 80.4% |
| Croatia | 78.8 | 136 | 194 | 149 | 23.7% |
| Slovenia | 75.6 | 67.8 | 96.3 | 119 | 16.3% |
| Germany | 151 | 27.5 | 127 | 29.4 | -42.0% |
| Lithuania | 220 | 1.1 | 1.6 | 0.3 | -88.9% |
| Others | 961 | 633 | 647 | 12.5 | -76.5% |
| Total | 3,174 | 2,259 | 2,874 | 2,567 | -6.8% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Hungary in 2022:
- Romania (108.8 tons)
- Czech Republic (97.3 tons)
- Slovakia (61.8 tons)
- Turkey (43.3 tons)
- Costa Rica (29.2 tons)
- Croatia (25.7 tons)
- Slovenia (18.6 tons)
- Germany (2.2 tons)
- Lithuania (0.1 tons)
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