Price for Track Suits; of Cotton, Knitted or Crocheted in Hungary - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Hungary (CIF) - 2023
- Price for Track Suits; of Cotton, Knitted or Crocheted in Hungary (FOB) - 2023
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Hungary
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Hungary
Price for Track Suits; of Cotton, Knitted or Crocheted in Hungary (CIF) - 2023
The average import price for track suits; of cotton, knitted or crocheted stood at $8.7 per unit in October 2023, with a decrease of -8.7% against the previous month. Overall, the import price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in December 2022 an increase of 210% against the previous month. As a result, import price attained the peak level of $16.8 per unit. From January 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 ($12.0 per unit), while the price for Bangladesh totaled $7.3 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+33.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Track Suits; of Cotton, Knitted or Crocheted in Hungary (FOB) - 2023
In October 2023, the average export price for track suits; of cotton, knitted or crocheted amounted to $20.3 per unit, increasing by 345% against the previous month. Overall, the export price posted strong growth. Over the period under review, the average export prices reached the peak figure at $45.0 per unit in May 2023; however, from June 2023 to October 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 Serbia ($78.7 per unit), while the average price for exports to Azerbaijan ($8.4 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Hungary
In 2022, supplies from abroad of track suits; of cotton, knitted or crocheted decreased by -47.5% to 666K units, falling for the second year in a row after two years of growth. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 96% against the previous year. As a result, imports attained the peak of 2.3M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of track suits; of cotton, knitted or crocheted reduced notably to $7M in 2022. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 141%. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.2 | 17.0 | 10.1 | 3.2 | -14.9% |
| Austria | 1.6 | 0.7 | 0.6 | 0.9 | -17.5% |
| Germany | 0.4 | 0.3 | 0.7 | 0.8 | 26.0% |
| China | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Bangladesh | N/A | N/A | N/A | 0.3 | 0% |
| India | N/A | N/A | N/A | 0.3 | 0% |
| Poland | 0.3 | 0.5 | 0.2 | 0.2 | -12.6% |
| France | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.4 | 0.6 | 44.2% |
| Total | 7.9 | 18.9 | 12.3 | 7.0 | -4.0% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Hungary in 2022:
- Turkey (439.2K units)
- China (49.5K units)
- India (41.6K units)
- Germany (39.4K units)
- Austria (26.1K units)
- Bangladesh (16.2K units)
- France (12.8K units)
- Poland (11.8K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Hungary
In 2022, exports of track suits; of cotton, knitted or crocheted from Hungary surged to 245K units, rising by 218% against the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 468% against the previous year. As a result, the exports reached the peak of 430K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of track suits; of cotton, knitted or crocheted skyrocketed to $1.2M in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 531% against the previous year. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 46.3 | 55.9 | 101 | 347 | 95.7% |
| Czech Republic | 1.6 | 21.5 | 42.3 | 152 | 356.3% |
| Slovakia | 179 | 1,907 | 52.6 | 99.9 | -17.7% |
| Italy | N/A | N/A | 29.0 | 90.0 | 210.3% |
| Serbia | N/A | 16.8 | 16.8 | 89.4 | 130.7% |
| Bulgaria | 44.4 | 102 | 31.8 | 83.9 | 23.6% |
| Croatia | 77.6 | 154 | 50.9 | 79.9 | 1.0% |
| Spain | N/A | N/A | 5.2 | 76.3 | 1367.3% |
| Others | 25.8 | 108 | 88.3 | 184 | 92.5% |
| Total | 374 | 2,365 | 418 | 1,203 | 47.6% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Hungary in 2022:
- Romania (85.7K units)
- Slovakia (24.8K units)
- Italy (21.8K units)
- Serbia (21.8K units)
- Bulgaria (21.2K units)
- Spain (17.3K units)
- Croatia (16.1K units)
- Czech Republic (9.9K units)
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