Report Hungary - Blankets and Travelling Rugs of Synthetic Fibres - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 19, 2023

Hungary - Blankets and Travelling Rugs of Synthetic Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2023

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Hungary

In 2021, the Hungarian market for blankets and travelling rugs of synthetic fibres decreased by -39.3% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, recorded a modest expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Hungary

In value terms, travelling rugs of synthetic fibre production surged to $X in 2021 estimated in export price. Overall, production recorded tangible growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 223% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Hungary

In 2021, overseas shipments of blankets and travelling rugs of synthetic fibres increased by 53% to X units, rising for the third consecutive year after two years of decline. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 149% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, travelling rugs of synthetic fibre exports skyrocketed to $X in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 114%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Romania (X units) was the main destination for travelling rugs of synthetic fibre exports from Hungary, with a 34% share of total exports. Moreover, travelling rugs of synthetic fibre exports to Romania exceeded the volume sent to the second major destination, Croatia (X units), twofold. The third position in this ranking was taken by Slovakia (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Romania totaled +68.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+77.3% per year) and Slovakia (+44.6% per year).

In value terms, Romania ($X), Slovakia ($X) and Croatia ($X) were the largest markets for travelling rugs of synthetic fibre exported from Hungary worldwide, with a combined 63% share of total exports. These countries were followed by Bulgaria, Italy, Serbia, the Czech Republic, Slovenia and Germany, which together accounted for a further 29%.

Italy, with a CAGR of +140.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2021, surging by 3% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Hungary

For the tenth year in a row, Hungary recorded growth in overseas purchases of blankets and travelling rugs of synthetic fibres, which increased by 11% to X units in 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 90% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, travelling rugs of synthetic fibre imports expanded remarkably to $X in 2021. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 25% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X units), China (X units) and Slovakia (X units) were the main suppliers of travelling rugs of synthetic fibre imports to Hungary, with a combined 81% share of total imports. These countries were followed by Bulgaria, Germany, Slovenia, Spain and Austria, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +136.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Germany ($X) were the largest travelling rugs of synthetic fibre suppliers to Hungary, together accounting for 71% of total imports. Slovakia, Bulgaria, Slovenia, Spain and Austria lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, Bulgaria, with a CAGR of +146.6%, recorded the highest rates of growth with regard to 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 average import price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2021, growing by 2.4% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 11%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for blankets and travelling rugs of synthetic fibres in the world?
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The country with the largest volume of travelling rugs of synthetic fibre consumption was the United States, comprising approx. 22% of total volume. Moreover, travelling rugs of synthetic fibre consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with a 5.1% share.
What are the largest producers of blankets and travelling rugs of synthetic fibres in the world?
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The country with the largest volume of travelling rugs of synthetic fibre production was China, comprising approx. 61% of total volume. Moreover, travelling rugs of synthetic fibre production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Pakistan ranked third in terms of total production with a 2.2% share.
What are the leading suppliers of blankets and travelling rugs of synthetic fibres to Hungary?
+
In value terms, Poland, China and Germany appeared to be the largest travelling rugs of synthetic fibre suppliers to Hungary, together comprising 71% of total imports. These countries were followed by Slovakia, Bulgaria, Slovenia, Spain and Austria, which together accounted for a further 23%.
What are the leading importers of blankets and travelling rugs of synthetic fibres from Hungary?
+
In value terms, the largest markets for travelling rugs of synthetic fibre exported from Hungary were Romania, Slovakia and Croatia, together accounting for 63% of total exports. These countries were followed by Bulgaria, Italy, Serbia, the Czech Republic, Slovenia and Germany, which together accounted for a further 29%.
What is the average export price for blankets and travelling rugs of synthetic fibres in Hungary?
+
In 2021, the average export price for blankets and travelling rugs of synthetic fibres amounted to $3.2 per unit, increasing by 3% against the previous year.
What is the average import price for blankets and travelling rugs of synthetic fibres in Hungary?
+
In 2021, the average import price for blankets and travelling rugs of synthetic fibres amounted to $3.4 per unit, surging by 2.4% against the previous year.

This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre 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 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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