Price for Wigs; Complete, of Synthetic Textile Materials in Hungary - 2024

Contents:

  1. Price for Wigs; Complete, of Synthetic Textile Materials in Hungary (CIF) - 2024
  2. Price for Wigs; Complete, of Synthetic Textile Materials in Hungary (FOB) - 2022
  3. Imports of Wigs; Complete, of Synthetic Textile Materials in Hungary
  4. Exports of Wigs; Complete, of Synthetic Textile Materials in Hungary

Price for Wigs; Complete, of Synthetic Textile Materials in Hungary (CIF) - 2024

The average import price for wigs; complete, of synthetic textile materialses stood at $5.6 per unit in March 2024, rising by 215% against the previous month. In general, the import price continues to indicate resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($19.9 per unit), while the price for China amounted to $3.4 per unit.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+5.0%).

Price for Wigs; Complete, of Synthetic Textile Materials in Hungary (FOB) - 2022

In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $3.4 per unit, with a decrease of -22.9% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 60%. The export price peaked at $4.5 per unit in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($10 per unit), while the average price for exports to Slovakia ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+329.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wigs; Complete, of Synthetic Textile Materials in Hungary

For the fourth year in a row, Hungary recorded growth in supplies from abroad of wigs; complete, of synthetic textile materialses, which increased by 155% to 281K units in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wigs; complete, of synthetic textile materialses surged to $1.1M in 2022. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wigs; Complete, of Synthetic Textile Materials in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53344741375012.1%
Indonesia71.073.162.211517.4%
Others17190.915924713.0%
Total7756116341,11112.8%

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Hungary in 2022:

  1. China (270.8K units)
  2. Indonesia (4.2K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Hungary

After two years of decline, shipments abroad of wigs; complete, of synthetic textile materialses increased by 911% to 17K units in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wigs; complete, of synthetic textile materialses soared to $58K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wigs; Complete, of Synthetic Textile Materials in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A2.3N/A21.6206.5%
Slovakia12.53.62.115.47.2%
Romania0.1N/AN/A6.8308.2%
United KingdomN/AN/A0.32.7800.0%
SpainN/AN/AN/A2.20%
ChinaN/AN/AN/A1.40%
SerbiaN/AN/A2.01.3-35.0%
Others1.11.53.17.085.3%
Total13.77.47.558.462.1%

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Hungary in 2022:

  1. Slovakia (8.2K units)
  2. Germany (3.2K units)
  3. Romania (2.1K units)
  4. United Kingdom (0.8K units)
  5. Spain (0.7K units)
  6. Serbia (0.4K units)
  7. China (0.4K units)

Source: IndexBox Market Intelligence Platform

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