Hungary - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Hungary - 2023
Contents:
- Sewing Thread Price in Hungary (FOB) - 2022
- Sewing Thread Price in Hungary (CIF) - 2023
- Sewing Thread Exports in Hungary
- Sewing Thread Imports in Hungary
Sewing Thread Price in Hungary (FOB) - 2022
The average sewing thread export price stood at $19,130 per ton in 2022, reducing by -9.7% against the previous year. Overall, the export price, however, posted a mild increase. The most prominent rate of growth was recorded in 2016 an increase of 365% against the previous year. Over the period under review, the average export prices reached the maximum at $127,053 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($33,194 per ton), while the average price for exports to Romania ($10,975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Price in Hungary (CIF) - 2023
The average sewing thread import price stood at $13,437 per ton in June 2023, with an increase of 16% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 59% m-o-m. Over the period under review, average import prices hit record highs at $18,516 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($31,041 per ton), while the price for China ($4,859 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sewing Thread Exports in Hungary
In 2022, exports of sewing thread of man-made filaments or staple fibers from Hungary stood at 1.9K tons, increasing by 13% on 2021. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 269% against the previous year. As a result, the exports reached the peak of 2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sewing thread exports expanded slightly to $37M in 2022. Overall, exports, however, recorded a abrupt decrease.
| Export of Sewing Thread in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 5.5 | 6.7 | 6.6 | 0.0% |
| France | 6.5 | 5.7 | 5.2 | 5.5 | -5.4% |
| Germany | 5.5 | 4.6 | 4.6 | 4.8 | -4.4% |
| Portugal | 1.5 | 1.3 | 2.2 | 3.1 | 27.4% |
| Czech Republic | 2.9 | 2.6 | 2.9 | 2.8 | -1.2% |
| Spain | 2.8 | 2.2 | 2.3 | 2.6 | -2.4% |
| Romania | 2.0 | 1.6 | 1.5 | 2.3 | 4.8% |
| Belgium | 1.6 | 1.3 | 1.5 | 1.4 | -4.4% |
| Netherlands | 1.1 | 1.0 | 1.0 | 0.9 | -6.5% |
| Poland | 1.7 | 1.2 | 1.3 | 0.8 | -22.2% |
| United Kingdom | 4.3 | 3.7 | 1.2 | 0.7 | -45.4% |
| Slovakia | 0.8 | 0.7 | 0.8 | 0.7 | -4.4% |
| Ukraine | 0.6 | 0.5 | 0.4 | 0.4 | -12.6% |
| Others | 5.4 | 4.7 | 4.9 | 4.5 | -5.9% |
| Total | 43.4 | 36.5 | 36.4 | 37.2 | -5.0% |
Top Export Markets for Sewing Thread from Hungary in 2022:
- Italy (506.7 tons)
- Czech Republic (216.0 tons)
- Romania (208.5 tons)
- France (167.1 tons)
- Germany (160.9 tons)
- Portugal (124.7 tons)
- Spain (95.0 tons)
- Poland (57.2 tons)
- United Kingdom (57.0 tons)
- Belgium (47.2 tons)
- Slovakia (41.5 tons)
- Ukraine (37.5 tons)
- Netherlands (24.4 tons)
Sewing Thread Imports in Hungary
In 2022, approx. 1.9K tons of sewing thread of man-made filaments or staple fibers were imported into Hungary; shrinking by -12.2% on 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 2.2K tons, and then shrank in the following year.
In value terms, sewing thread imports reached $23M in 2022. Overall, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
| Import of Sewing Thread in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 9.3 | 8.0 | 8.7 | 9.1 | -0.7% |
| Turkey | 6.1 | 3.7 | 4.7 | 4.9 | -7.0% |
| Germany | 3.9 | 2.7 | 2.7 | 4.9 | 7.9% |
| China | 2.0 | 1.7 | 2.7 | 1.5 | -9.1% |
| Indonesia | 1.5 | 0.8 | 0.9 | 0.8 | -18.9% |
| Austria | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Czech Republic | 0.3 | 0.2 | 0.5 | 0.1 | -30.7% |
| Others | 1.8 | 1.3 | 2.1 | 1.2 | -12.6% |
| Total | 25.5 | 18.8 | 22.6 | 23.0 | -3.4% |
Top Suppliers of Sewing Thread to Hungary in 2022:
- Romania (871.3 tons)
- Turkey (297.8 tons)
- Germany (224.3 tons)
- China (219.0 tons)
- Indonesia (146.9 tons)
- Austria (35.1 tons)
- Czech Republic (22.4 tons)
This report provides an in-depth analysis of the sewing thread market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
3620
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1120
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1602
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
3620
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
1120
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
