Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary (CIF) - 2024
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary (FOB) - 2024
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary (CIF) - 2024
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $14,316 per ton in November 2023, which is down by -6.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 53% m-o-m. Over the period under review, average import prices hit record highs at $18,713 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($5,840 per ton), while the price for North Macedonia ($5,486 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary (FOB) - 2024
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $15,651 per ton in November 2023, increasing by 70% against the previous month. Overall, the export price recorded a slight expansion. Over the period under review, the average export prices reached the peak figure at $18,246 per ton in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($31,940 per ton), while the average price for exports to Ukraine ($20,005 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary
In 2022, supplies from abroad of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -9.1% to 2.2K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 2.5%. As a result, imports reached the peak of 10K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms contracted to $31M in 2022. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports attained the peak of $60M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.7 | 19.9 | 12.1 | 10.5 | -16.0% |
| Austria | 3.4 | 3.3 | 9.0 | 6.3 | 22.8% |
| Turkey | 7.2 | 13.7 | 5.7 | 6.1 | -5.4% |
| Italy | 2.5 | 1.9 | 1.6 | 2.5 | 0.0% |
| Belgium | 0.9 | 0.8 | 0.6 | 1.0 | 3.6% |
| China | 16.1 | 18.9 | 0.9 | 0.9 | -61.8% |
| North Macedonia | N/A | 0.4 | 0.6 | 0.5 | 11.8% |
| Others | 2.3 | 1.6 | 2.1 | 2.8 | 6.8% |
| Total | 50.2 | 60.4 | 32.7 | 30.5 | -15.3% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Hungary in 2022:
- Turkey (655.0 tons)
- Germany (581.6 tons)
- Austria (216.1 tons)
- Belgium (185.9 tons)
- China (156.7 tons)
- Italy (144.2 tons)
- North Macedonia (98.8 tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary
In 2022, exports of fabrics, knitted or crocheted, of a width of > 30 cms from Hungary surged to 1.6K tons, rising by 151% on 2021 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 570% against the previous year. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $13M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 120 | 322 | 1,177 | 3,672 | 212.8% |
| Albania | 126 | 309 | 446 | 1,723 | 139.1% |
| Romania | 1,311 | 1,341 | 881 | 1,163 | -3.9% |
| Slovakia | 241 | 1,963 | 149 | 1,151 | 68.4% |
| Tunisia | 5.8 | N/A | N/A | 1,114 | 477.0% |
| Germany | 559 | 1,807 | 2,542 | 618 | 3.4% |
| Lithuania | 156 | 283 | 684 | 399 | 36.8% |
| Ukraine | 1,300 | 756 | 581 | 243 | -42.8% |
| Italy | 912 | 1,755 | 116 | 0.7 | -90.8% |
| Others | 3,054 | 2,054 | 2,361 | 2,947 | -1.2% |
| Total | 7,785 | 10,591 | 8,937 | 13,031 | 18.7% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Hungary in 2022:
- Slovakia (534.0 tons)
- Bulgaria (281.7 tons)
- Lithuania (127.9 tons)
- Tunisia (126.5 tons)
- Albania (109.8 tons)
- Romania (94.9 tons)
- Germany (75.7 tons)
- Ukraine (44.9 tons)
- Italy (0.1 tons)
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