Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary - 2023
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary (CIF) - 2023
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary (FOB) - 2023
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary (CIF) - 2023
The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $16.1 per square meter in December 2023, picking up by 28% against the previous month. Over the period under review, the import price showed a mild increase. The most prominent rate of growth was recorded in June 2023 an increase of 221% m-o-m. The import price peaked at $22.4 per square meter in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($15.4 per square meter), while the price for China ($1.6 per square meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary (FOB) - 2023
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $17.6 per square meter in November 2023, falling by -2.2% against the previous month. Over the period under review, the export price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 77% m-o-m. Over the period under review, the average export prices hit record highs at $29.2 per square meter in August 2023; however, from September 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Germany ($31.8 per square meter), while the average price for exports to Italy ($8.5 per square meter) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary
In 2022, purchases abroad of woven fabrics of combed wool or of combed fine animal hair decreased by -1.4% to 549K square meters, falling for the second year in a row after two years of growth. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 66% against the previous year. As a result, imports attained the peak of 789K square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair fell to $6M in 2022. Over the period under review, imports showed a sharp decline. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.5 | 2.4 | 2.2 | 2.7 | 2.6% |
| Italy | 6.3 | 4.8 | 2.7 | 1.0 | -45.9% |
| China | 1.0 | 0.6 | 0.8 | 1.0 | 0.0% |
| Netherlands | 0.4 | 0.4 | 0.6 | 0.4 | 0.0% |
| Austria | 0.6 | 0.3 | 0.1 | 0.4 | -12.6% |
| France | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Portugal | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 0.9 | 0.4 | 0.2 | 0.2 | -39.4% |
| Total | 11.9 | 9.2 | 6.6 | 6.0 | -20.4% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Hungary in 2022:
- China (287.7K square meters)
- Germany (112.1K square meters)
- Italy (72.0K square meters)
- Austria (33.3K square meters)
- France (18.5K square meters)
- Netherlands (10.4K square meters)
- Portugal (4.0K square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary
In 2022, shipments abroad of woven fabrics of combed wool or of combed fine animal hair decreased by -31.1% to 166K square meters, falling for the second consecutive year after two years of growth. In general, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 191% against the previous year. As a result, the exports reached the peak of 327K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair shrank rapidly to $2.4M in 2022. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 126%. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 348 | 843 | 760 | 937 | 39.1% |
| Turkey | 0.4 | 1,774 | 1,545 | 638 | 1068.4% |
| Romania | 349 | 269 | 169 | 346 | -0.3% |
| Ukraine | 381 | 259 | 308 | 177 | -22.6% |
| Austria | 253 | 224 | 127 | 97.7 | -27.2% |
| Italy | 29.6 | 104 | 78.2 | 28.4 | -1.4% |
| Croatia | 78.7 | 504 | 89.2 | 17.7 | -39.2% |
| Others | 380 | 132 | 108 | 162 | -24.7% |
| Total | 1,819 | 4,110 | 3,184 | 2,404 | 9.7% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Hungary in 2022:
- Turkey (50.5K square meters)
- Germany (36.6K square meters)
- Romania (35.6K square meters)
- Ukraine (22.6K square meters)
- Italy (7.0K square meters)
- Austria (4.3K square meters)
- Croatia (0.7K square meters)
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