Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary (CIF) - 2023
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary (CIF) - 2023

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $22.3 per square meter in December 2023, which is down by -9.8% against the previous month. Over the period under review, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 48% m-o-m. Over the period under review, average import prices attained the maximum at $29.2 per square meter in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +9.2% per month.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary (FOB) - 2022

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $13 per square meter in 2022, shrinking by -24% against the previous year. In general, the export price, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 83%. The export price peaked at $25 per square meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($26 per square meter), while the average price for exports to Slovakia ($5.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary

In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Hungary expanded significantly to 208K square meters, surging by 15% on 2021 figures. Overall, imports, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2020 when imports increased by 53% against the previous year. As a result, imports attained the peak of 359K square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair expanded markedly to $4M in 2022. Over the period under review, imports, however, showed a abrupt descent. Imports peaked at $6.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,6773,0171,5451,614-15.5%
Germany1,843871741925-20.5%
Austria942927652896-1.7%
United Kingdom23.953.011516991.9%
France30583.475.7157-19.9%
Netherlands230192205149-13.5%
Others18541926589.5-21.5%
Total6,2065,5623,5994,000-13.6%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Hungary in 2022:

  1. Italy (66.7K square meters)
  2. Germany (66.0K square meters)
  3. Austria (47.6K square meters)
  4. France (9.7K square meters)
  5. United Kingdom (8.2K square meters)
  6. Netherlands (4.3K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary

In 2022, overseas shipments of woven fabrics of carded wool or of carded fine animal hair decreased by -3.1% to 291K square meters, falling for the second consecutive year after two years of growth. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 87%. As a result, the exports reached the peak of 349K square meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair contracted rapidly to $3.9M in 2022. Over the period under review, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. As a result, the exports attained the peak of $5.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria9691,4739911,0894.0%
Slovenia10745.842.455172.7%
Romania743364198485-13.3%
Croatia14039659146449.1%
Bulgaria29625059.4276-2.3%
Slovakia32459331.9222-11.8%
Turkey6.6513247206214.9%
Ukraine9081,141461148-45.4%
Italy0.512.62,00023.1258.8%
Others900524613392-24.2%
Total4,3935,3115,2353,856-4.3%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Hungary in 2022:

  1. Austria (74.8K square meters)
  2. Slovenia (57.5K square meters)
  3. Slovakia (41.5K square meters)
  4. Romania (31.8K square meters)
  5. Bulgaria (22.2K square meters)
  6. Croatia (19.0K square meters)
  7. Ukraine (12.1K square meters)
  8. Turkey (7.9K square meters)
  9. Italy (1.2K square meters)

Source: IndexBox Market Intelligence Platform

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