Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Hungary - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary (CIF) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary (FOB) - 2022
  3. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary
  4. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary (CIF) - 2023

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $4.3 per unit in October 2023, shrinking by -40.4% against the previous month. In general, the import price showed a noticeable downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 49% month-to-month. As a result, import price attained the peak level of $11.3 per unit. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($6.8 per unit), while the price for Bangladesh ($2.5 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $5 per unit in 2022, declining by -1.7% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 20%. As a result, the export price attained the peak level of $9.4 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15 per unit), while the average price for exports to Serbia ($3.5 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 Bosnia and Herzegovina (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary

In 2022, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted into Hungary soared to 16M units, with an increase of 45% compared with the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted surged to $111M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland10.211.714.021.929.0%
Germany8.815.117.417.525.8%
Belgium1.31.512.316.1131.4%
Slovakia5.86.86.58.413.1%
India0.30.52.27.2188.4%
Turkey20.339.37.87.1-29.5%
Spain4.94.15.56.17.6%
China4.43.33.65.89.6%
Bangladesh0.90.91.34.975.9%
Romania3.12.12.03.32.1%
Others10.813.412.312.44.7%
Total70.798.884.711116.2%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Hungary in 2022:

  1. Poland (3.8M units)
  2. India (2.3M units)
  3. Belgium (1.9M units)
  4. Slovakia (1.5M units)
  5. Germany (1.4M units)
  6. Bangladesh (1.3M units)
  7. Turkey (1.0M units)
  8. Spain (0.7M units)
  9. Romania (0.6M units)
  10. China (0.6M units)

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Hungary surged to 9.1M units in 2022, growing by 46% on the previous year's figure. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 187%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $45M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 89% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania0.50.65.39.4165.9%
Czech Republic1.83.66.66.553.4%
Croatia1.22.42.75.060.9%
Slovakia1.75.12.23.628.4%
Poland0.82.14.02.953.6%
Italy2.41.81.92.85.3%
Bulgaria0.61.21.62.356.5%
Serbia0.10.21.12.2180.2%
SpainN/A0.10.32.0347.2%
Others2.55.05.78.449.8%
Total11.622.031.445.157.2%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Hungary in 2022:

  1. Romania (2522.2K units)
  2. Croatia (1319.1K units)
  3. Slovakia (800.9K units)
  4. Bulgaria (657.4K units)
  5. Italy (641.5K units)
  6. Serbia (636.4K units)
  7. Czech Republic (593.4K units)
  8. Spain (508.2K units)
  9. Poland (320.5K units)

Source: IndexBox Market Intelligence Platform

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