Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary - 2023

Contents:

  1. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary (CIF) - 2022
  2. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary
  4. Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary (CIF) - 2022

The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $54,014 per ton in 2022, declining by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2013 an increase of 42%. Over the period under review, average import prices reached the maximum at $69,215 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($54,589 per ton), while the price for Germany stood at $12,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.0%).

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary (FOB) - 2022

In 2022, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $52,375 per ton, remaining stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. Over the period under review, the average export prices attained the maximum at $106,109 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Serbia amounted to +0.4% per year.

Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary

In 2022, purchases abroad of yarn; of fine animal hair, combed, not put up for retail sale decreased by -80.2% to 74 kg, falling for the second consecutive year after two years of growth. In general, imports faced a significant decrease. The growth pace was the most rapid in 2020 with an increase of 105%. As a result, imports reached the peak of 1.4 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale dropped sharply to $4K in 2022. Over the period under review, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 99%. As a result, imports reached the peak of $72K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy35.872.220.94.0-51.8%
Others0.5N/A0.3N/A-22.5%
Total36.372.221.24.0-52.1%

Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to Hungary in 2022:

  1. Italy (73.0 kg)

Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary

In 2022, shipments abroad of yarn; of fine animal hair, combed, not put up for retail sale decreased by 0% to 8 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale stood at $419 in 2022. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of 99.9% was in 2020.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.1N/AN/A0.4-42.5%
Italy7.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.4N/AN/A0.4-65.1%

Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from Hungary in 2022:

  1. Germany (8.0 kg)

Source: IndexBox Market Intelligence Platform

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