Hungary - High-Tenacity Filament Yarn Of Aramids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for High-Tenacity Filament Aramids Yarn in Hungary - 2023
Contents:
- Price for High-Tenacity Filament Aramids Yarn in Hungary (CIF) - 2022
- Price for High-Tenacity Filament Aramids Yarn in Hungary (FOB) - 2022
- Imports of High-Tenacity Filament Aramids Yarn in Hungary
- Exports of High-Tenacity Filament Aramids Yarn in Hungary
Price for High-Tenacity Filament Aramids Yarn in Hungary (CIF) - 2022
In 2022, the average high-tenacity filament aramids yarn import price amounted to $20,977 per ton, declining by -5.4% against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 5.6%. Over the period under review, average import prices hit record highs at $25,068 per ton in 2013; however, from 2014 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 Germany ($38,536 per ton), while the price for the Netherlands ($19,715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for High-Tenacity Filament Aramids Yarn in Hungary (FOB) - 2022
The average high-tenacity filament aramids yarn export price stood at $22,938 per ton in 2022, jumping by 175% against the previous year. Overall, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2019 an increase of 218%. Over the period under review, the average export prices reached the maximum at $89,759 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($31,420 per ton), while the average price for exports to the United States ($4,051 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 Germany (+4.4%), while the prices for the other major destinations experienced a decline.
Imports of High-Tenacity Filament Aramids Yarn in Hungary
In 2022, after three years of growth, there was significant decline in overseas purchases of high-tenacity filament yarn of aramids, when their volume decreased by -31.4% to 222 tons. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 9.4% against the previous year. As a result, imports attained the peak of 323 tons, and then declined dramatically in the following year.
In value terms, high-tenacity filament aramids yarn imports dropped rapidly to $4.6M in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of $7.2M, and then declined dramatically in the following year.
| Import of High-Tenacity Filament Aramids Yarn in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.3 | 3.4 | 4.8 | 2.2 | -12.6% |
| Luxembourg | 1.7 | 2.0 | 2.0 | 2.1 | 7.3% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| South Korea | 0.3 | 0.2 | N/A | N/A | -33.3% |
| France | N/A | 0.4 | N/A | N/A | 0% |
| Turkey | 0.4 | 0.3 | 0.2 | N/A | -29.3% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 5.8 | 6.2 | 7.2 | 4.6 | -7.4% |
Top Suppliers of High-Tenacity Filament Aramids Yarn to Hungary in 2022:
- Netherlands (114.0 tons)
- Luxembourg (97.5 tons)
- Germany (4.8 tons)
- Turkey (0.7 tons)
Exports of High-Tenacity Filament Aramids Yarn in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of high-tenacity filament yarn of aramids, when their volume decreased by -93.3% to 979 kg. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 312% against the previous year.
In value terms, high-tenacity filament aramids yarn exports reduced dramatically to $22K in 2022. Overall, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 115% against the previous year. As a result, the exports attained the peak of $122K, and then fell dramatically in the following year.
| Export of High-Tenacity Filament Aramids Yarn in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.2 | 6.9 | 15.1 | 13.6 | -9.3% |
| Switzerland | 2.8 | N/A | 8.7 | 7.6 | 39.5% |
| United States | N/A | N/A | N/A | 0.9 | 0% |
| Slovakia | 0.1 | N/A | 0.4 | 0.4 | 58.7% |
| Poland | N/A | 9.4 | 30.7 | N/A | 226.6% |
| Italy | 27.6 | N/A | N/A | N/A | 0% |
| Romania | N/A | 40.6 | 67.3 | N/A | 65.8% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 48.9 | 56.9 | 122 | 22.5 | -22.8% |
Top Export Markets for High-Tenacity Filament Aramids Yarn from Hungary in 2022:
- Germany (433.0 kg)
- Switzerland (313.0 kg)
- United States (216.0 kg)
- Slovakia (17.0 kg)
This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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