Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary (CIF) - 2024
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary (FOB) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary (CIF) - 2024
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.7 per square meter in February 2024, dropping by -25.4% against the previous month. Over the period under review, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 21% m-o-m. The import price peaked at $4.4 per square meter in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Japan ($7.3 per square meter), while the price for China ($1.2 per square meter) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Japan (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary (FOB) - 2022
The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3.4 per square meter in 2022, picking up by 7.2% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($4.9 per square meter), while the average price for exports to Ukraine ($0.7 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 Romania (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary
In 2022, approx. 17M square meters of textile fabrics, rubberised; other than those of heading no. 5902s were imported into Hungary; with a decrease of -8.9% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 19M square meters, and then dropped in the following year.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s rose remarkably to $55M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.1 | 28.0 | 27.8 | 29.0 | 2.3% |
| United States | 6.9 | 5.7 | 5.1 | 6.3 | -3.0% |
| Serbia | 3.5 | 3.1 | 6.5 | 4.7 | 10.3% |
| Italy | 4.6 | 3.7 | 3.8 | 3.7 | -7.0% |
| Czech Republic | 1.6 | 1.7 | 1.6 | 3.2 | 26.0% |
| Sweden | 0.1 | 0.6 | 2.4 | 2.3 | 184.4% |
| Belgium | 0.8 | 0.5 | 0.9 | 1.0 | 7.7% |
| China | 1.5 | 0.3 | 0.5 | 0.6 | -26.3% |
| Others | 3.2 | 2.4 | 3.5 | 4.0 | 7.7% |
| Total | 49.2 | 46.1 | 52.1 | 54.8 | 3.7% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Hungary in 2022:
- Germany (8.7M square meters)
- Serbia (2.9M square meters)
- Czech Republic (1.8M square meters)
- Italy (0.8M square meters)
- United States (0.7M square meters)
- Sweden (0.4M square meters)
- China (0.4M square meters)
- Belgium (0.3M square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of textile fabrics, rubberised; other than those of heading no. 5902s, when their volume decreased by -8.3% to 4.1M square meters. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 19%. Over the period under review, the exports of reached the peak figure at 4.5M square meters in 2021, and then contracted in the following year.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s dropped to $14M in 2022. The total export value increased at an average annual rate of +13.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year. The exports peaked at $14M in 2021, and then contracted in the following year.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 2.2 | 3.4 | 3.4 | 3.9 | 21.0% |
| Serbia | 0.6 | 1.7 | 2.3 | 2.0 | 49.4% |
| Czech Republic | 2.1 | 1.9 | 2.0 | 1.6 | -8.7% |
| Romania | 1.3 | 1.2 | 1.7 | 1.5 | 4.9% |
| Tunisia | 0.4 | 0.9 | 0.8 | 1.4 | 51.8% |
| Slovakia | 0.7 | 0.6 | 0.7 | 0.7 | 0.0% |
| Ukraine | 0.6 | 1.0 | 1.5 | 0.5 | -5.9% |
| Others | 1.9 | 2.1 | 2.1 | 2.5 | 9.6% |
| Total | 9.9 | 12.9 | 14.5 | 14.2 | 12.8% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Hungary in 2022:
- North Macedonia (1115.1K square meters)
- Ukraine (797.9K square meters)
- Serbia (462.6K square meters)
- Tunisia (386.9K square meters)
- Czech Republic (354.7K square meters)
- Romania (312.3K square meters)
- Slovakia (195.3K square meters)
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