Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary - 2024

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary (CIF) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary (CIF) - 2022

In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $8,979 per ton, increasing by 5.4% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 117% against the previous year. The import price peaked at $23,443 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($15,600 per ton), while the price for Italy ($3,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary (FOB) - 2022

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $9,979 per ton in 2022, stabilizing at the previous year. In general, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 143%. The export price peaked at $10,020 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($20,219 per ton), while the average price for exports to Slovakia ($3,788 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 Switzerland (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary

In 2022, after three years of growth, there was significant decline in supplies from abroad of yarn of other vegetable textile fibres; paper yarns, when their volume decreased by -34% to 7.4 tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of 11 tons, and then reduced dramatically in the following year.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns contracted notably to $67K in 2022. Over the period under review, imports showed a dramatic contraction. The smallest decline of -16.2% was in 2021.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Hungary in 2022:

1. Germany (5.3 tons)
2. China (0.7 tons)
3. Netherlands (0.6 tons)
4. Turkey (0.4 tons)
5. Italy (0.3 tons)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Hungary

Exports of yarn of other vegetable textile fibres; paper yarns from Hungary skyrocketed to 1.6 tons in 2022, surging by 95% against the year before. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 322% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns skyrocketed to $16K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 362% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Hungary in 2022:

1. Slovakia (499.0 kg)
2. Germany (486.0 kg)
3. United States (483.0 kg)
4. Czech Republic (58.0 kg)
5. Kosovo (30.0 kg)

Source: IndexBox Market Intelligence Platform