Eastern Europe: Hat And Headgear Market 2024

Hat And Headgear Market Size in Eastern Europe

In 2022, the East European hat and headgear market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption posted a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Production in Eastern Europe

In value terms, hat and headgear production surged to $X in 2022 estimated in export price. Overall, production enjoyed a prominent increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Exports

Exports in Eastern Europe

In 2022, approx. X units of hats and other headgear were exported in Eastern Europe; surging by X% compared with 2021. In general, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports rose significantly to $X in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland was the key exporting country with an export of about X units, which recorded X% of total exports. Russia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%), Ukraine (X%), Lithuania (X%), the Czech Republic (X%), Bulgaria (X%) and Slovakia (X%).

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Ukraine (X%), Russia (X%), Belarus (X%), Bulgaria (X%), Lithuania (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.), Ukraine (X p.p.), Belarus (X p.p.), Bulgaria (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest hat and headgear supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Slovakia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Hat And Headgear Imports

Imports in Eastern Europe

In 2022, approx. X units of hats and other headgear were imported in Eastern Europe; picking up by X% compared with 2021 figures. Over the period under review, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports expanded remarkably to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Russia (X units) and Poland (X units) were the major importers of hats and other headgear in 2022, accounting for near X% and X% of total imports, respectively. Ukraine (X units) ranks next in terms of the total imports with a X% share, followed by Bulgaria (X%), Hungary (X%), the Czech Republic (X%) and Romania (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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