Report Update: May 1, 2024

Hungary - Travel Sets - Market Analysis, Forecast, Size, Trends And Insights

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Travel Set Price in Hungary - 2023

Travel Set Price in Hungary (CIF) - 2022

In 2022, the average travel set import price amounted to $0.4 per unit, with an increase of 42% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $0.5 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($2.1 per unit), while the price for China ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Travel Set Price in Hungary (FOB) - 2022

In 2022, the average travel set export price amounted to $0.7 per unit, waning by -5% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, travel set export price increased by +29.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 97%. As a result, the export price attained the peak level of $0.8 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1 per unit), while the average price for exports to Serbia ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Travel Set Imports in Hungary

After three years of growth, supplies from abroad of travel sets decreased by -19.4% to 2.2M units in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year. Imports peaked at 2.7M units in 2021, and then contracted remarkably in the following year.

In value terms, travel set imports expanded rapidly to $846K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Travel Set in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	184	398	448	335	22.1%
Czech Republic	9.5	7.4	37.6	178	165.6%
Germany	77.6	104	135	161	27.5%
Austria	N/A	10.0	25.2	89.8	199.7%
Poland	35.4	54.5	20.0	22.5	-14.0%
Slovenia	N/A	N/A	42.3	15.8	-62.6%
Others	50.6	31.9	33.4	44.6	-4.1%
Total	357	606	742	846	33.3%

Top Suppliers of Travel Set to Hungary in 2022:

China (1618.0K units)
Germany (195.1K units)
Austria (120.8K units)
Czech Republic (86.7K units)
Poland (40.4K units)
Slovenia (28.4K units)

Travel Set Exports in Hungary

In 2022, approx. 177K units of travel sets were exported from Hungary; which is down by -11.7% compared with 2021. Overall, exports showed a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 4.6% against the previous year. The exports peaked at 831K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, travel set exports shrank dramatically to $120K in 2022. In general, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports attained the maximum at $548K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Travel Set in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	32.4	25.2	106	32.7	0.3%
Czech Republic	14.9	14.9	13.4	22.1	14.0%
Romania	17.2	14.6	5.0	16.3	-1.8%
Slovenia	1.0	6.2	1.5	9.1	108.8%
Turkey	0.1	0.2	0.2	7.8	327.3%
Bulgaria	2.1	9.3	1.9	6.3	44.2%
Italy	3.8	2.4	2.1	5.5	13.1%
Croatia	458	13.9	5.3	4.7	-78.3%
Germany	2.3	2.4	N/A	4.2	22.2%
Serbia	2.2	2.0	2.3	2.4	2.9%
Others	14.5	9.2	5.6	9.0	-14.7%
Total	548	100	143	120	-39.7%

Top Export Markets for Travel Set from Hungary in 2022:

Slovakia (45.1K units)
Czech Republic (27.9K units)
Romania (21.9K units)
Slovenia (21.4K units)
Bulgaria (10.5K units)
Germany (8.8K units)
Italy (8.6K units)
Turkey (8.1K units)
Serbia (6.4K units)
Croatia (6.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the travel set 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 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023