Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary - 2024

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary (CIF) - 2024
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary (FOB) - 2022
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary (CIF) - 2024

In February 2024, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $2.9 per square meter, falling by -47.6% against the previous month. Over the period under review, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in January 2024 an increase of 21% month-to-month. The import price peaked at $5.7 per square meter in June 2023; however, from July 2023 to February 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Japan ($13.7 per square meter), while the price for the UK ($811 per thousand square meters) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $3.9 per square meter, approximately reflecting the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 27%. The export price peaked at $6.8 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($10 per square meter), while the average price for exports to Vietnam ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary

After two years of decline, overseas purchases of textile fabrics; impregnated, coated, covered or laminated with polyurethanes increased by 7.9% to 8.7M square meters in 2022. Over the period under review, imports, however, showed a pronounced contraction. Over the period under review, imports of hit record highs at 9.8M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes rose modestly to $34M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Hungary in 2022:

1. China (2.6M square meters)
2. Germany (2.1M square meters)
3. Poland (1.2M square meters)
4. Belgium (0.9M square meters)
5. Italy (0.3M square meters)
6. Czech Republic (0.3M square meters)
7. Slovenia (0.2M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Hungary

In 2022, the amount of textile fabrics; impregnated, coated, covered or laminated with polyurethanes exported from Hungary fell to 2.4M square meters, reducing by -6.2% on the previous year. The total export volume increased at an average annual rate of +6.3% over the period 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 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 2.6M square meters, and then dropped in the following year.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes contracted to $9.4M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $10M, and then declined in the following year.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Hungary in 2022:

1. Serbia (716.2K square meters)
2. Romania (465.7K square meters)
3. Czech Republic (258.1K square meters)
4. North Macedonia (218.0K square meters)
5. Vietnam (136.4K square meters)
6. Slovakia (109.9K square meters)
7. Germany (86.8K square meters)
8. Turkey (65.7K square meters)
9. Moldova (55.4K square meters)
10. Bulgaria (54.5K square meters)
11. Bosnia and Herzegovina (40.0K square meters)
12. Ukraine (33.6K square meters)

Source: IndexBox Market Intelligence Platform