Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary - 2024

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary
  4. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $7,143 per ton, surging by 17% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +84.6% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 26%. Over the period under review, average import prices attained the peak figure at $7,953 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($53,164 per ton), while the price for the Netherlands ($2,136 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $6,468 per ton, growing by 59% against the previous year. Overall, the export price, however, recorded a mild slump. Over the period under review, the average export prices reached the peak figure at $7,185 per ton in 2012; however, from 2013 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 Croatia ($19,087 per ton), while the average price for exports to Bosnia and Herzegovina ($3,744 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 Croatia (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary

In 2022, approx. 27 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into Hungary; growing by 14% against 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $194K in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44.555.570.976.119.6%
Poland67.748.750.349.6-9.9%
Austria0.6N/A0.633.1280.7%
Czech Republic7.47.25.96.6-3.7%
Romania0.40.7N/A5.8143.8%
Italy0.60.61.15.7111.8%
NetherlandsN/AN/A1.65.4237.5%
United Kingdom24.330.5N/AN/A25.5%
Others9.28.914.911.78.3%
Total1551521451947.8%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Hungary in 2022:

  1. Germany (16.9 tons)
  2. Poland (2.7 tons)
  3. Netherlands (2.5 tons)
  4. Romania (1.8 tons)
  5. Czech Republic (1.1 tons)
  6. Italy (0.7 tons)
  7. Austria (0.6 tons)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary

In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses exported from Hungary soared to 15 tons, growing by 52% against the previous year's figure. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses soared to $97K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania12.55.98.120.417.7%
Bosnia and Herzegovina8.99.210.917.324.8%
Serbia7.39.37.613.121.5%
Italy1.93.74.39.571.0%
Slovakia0.70.50.29.1135.1%
Slovenia4.55.21.07.719.6%
Bulgaria5.24.35.27.211.5%
North Macedonia1.11.01.01.613.3%
Others0.46.11.911.4205.5%
Total42.445.040.197.331.9%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Hungary in 2022:

  1. Bosnia and Herzegovina (4.6 tons)
  2. Serbia (2.8 tons)
  3. Romania (1.8 tons)
  4. Bulgaria (1.8 tons)
  5. Italy (1.1 tons)
  6. Slovenia (1.1 tons)
  7. Slovakia (0.6 tons)
  8. North Macedonia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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