Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary (CIF) - 2023
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary (CIF) - 2023

The average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $20,605 per ton in October 2023, with a decrease of -3.5% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in January 2023 an increase of 37% against the previous month. The import price peaked at $27,960 per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($28,313 per ton), while the price for Germany ($16,430 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $112 per ton in 2022, rising by 101% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 690%. Over the period under review, the average export prices attained the peak figure at $1,080 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to -3.7% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of viscose raya imported into Hungary amounted to 897 tons, approximately mirroring 2021 figures. In general, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 58%.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya totaled $14M in 2022. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% 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 +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon to Hungary in 2022:

1. Germany (629.3 tons)
2. India (137.2 tons)
3. Czech Republic (119.8 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hungary

In 2022, approx. 130 tons of textile fabrics; tyrecord of high tenacity yarn of viscose raya were exported from Hungary; shrinking by -79.5% compared with the previous year's figure. Overall, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of 632 tons, and then reduced rapidly in the following year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya contracted significantly to $15K in 2022. Over the period under review, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 685%. As a result, the exports attained the peak of $354K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon from Hungary in 2022:

1. Belarus (129.7 tons)

Source: IndexBox Market Intelligence Platform