Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary (FOB) - 2023
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary (CIF) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary (FOB) - 2023
The average export price for yarn of carded wool, not put up for retail sale stood at $6,678 per ton in December 2023, picking up by 4.1% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 13% m-o-m. The export price peaked at $6,934 per ton in June 2023; however, from July 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In December 2023, the country with the highest price was Sweden ($8,507 per ton), while the average price for exports to the UK stood at $6,330 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary (CIF) - 2022
The average import price for yarn of carded wool, not put up for retail sale stood at $8,823 per ton in 2022, falling by -21.4% against the previous year. In general, the import price saw a deep contraction. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. The import price peaked at $17,689 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($13,904 per ton), while the price for Italy stood at $8,624 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.6%).
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary
In 2022, the amount of yarn of carded wool, not put up for retail sale exported from Hungary surged to 974 tons, rising by 27% against 2021 figures. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, exports of yarn of carded wool, not put up for retail sale soared to $5.4M in 2022. Overall, exports, however, showed a drastic downturn.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.0 | 3.8 | 3.3 | 3.9 | -17.7% |
| Sweden | 0.2 | 0.2 | 0.3 | 1.0 | 71.0% |
| Italy | 1.8 | 0.5 | 0.3 | 0.2 | -51.9% |
| Belgium | 0.6 | 0.9 | 0.3 | 0.2 | -30.7% |
| Netherlands | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 0.6 | 0.2 | 0.1 | 0.1 | -45.0% |
| Total | 10.4 | 5.8 | 4.5 | 5.4 | -19.6% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Hungary in 2022:
- United Kingdom (717.3 tons)
- Sweden (168.1 tons)
- Belgium (38.0 tons)
- Italy (29.5 tons)
- Netherlands (7.3 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary
In 2022, imports of yarn of carded wool, not put up for retail sale into Hungary skyrocketed to 107 tons, with an increase of 155% against the previous year. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 302%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of yarn of carded wool, not put up for retail sale soared to $944K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 155% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 184 | 176 | 443 | 889 | 69.1% |
| Germany | 42.8 | 5.2 | 5.1 | 53.0 | 7.4% |
| Others | 9.4 | 3.8 | 23.5 | 1.4 | -47.0% |
| Total | 236 | 185 | 471 | 944 | 58.7% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Hungary in 2022:
- Italy (103.1 tons)
- Germany (3.8 tons)
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