Report Update Apr 1, 2024

Hungary - Horsehair - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Horsehair Market 2022

Horsehair Market Size in Hungary

The Hungarian horsehair market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, saw a abrupt setback. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Horsehair Production in Hungary

In value terms, horsehair production totaled $X in 2021 estimated in export price. Overall, production recorded a sharp curtailment. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Horsehair Exports

Exports from Hungary

In 2021, after three years of decline, there was significant growth in shipments abroad of horsehair, when their volume increased by X% to X kg. Over the period under review, exports, however, faced a dramatic slump. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, horsehair exports expanded rapidly to $X in 2021. In general, exports, however, continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X kg) and Romania (X kg) were the main destinations of horsehair exports from Hungary.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +X value terms, Germany ($X) and Romania ($X) constituted the largest markets for horsehair exported from Hungary worldwide.

In terms of the main countries of destination, Romania, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average horsehair export price amounted to $X per ton, rising by X% against the previous year. In general, the export price recorded a significant increase. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2020 and is likely to continue growth in the near future.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Romania amounted to $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+X%).

Horsehair Imports

Imports into Hungary

For the third consecutive year, Hungary recorded decline in supplies from abroad of horsehair, which decreased by -X% to X kg in 2021. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, horsehair imports fell remarkably to $X in 2021. In general, imports faced a sharp reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X kg) and the UK (X kg) were the main suppliers of horsehair imports to Hungary.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X value terms, the UK ($X) constituted the largest supplier of horsehair to Hungary, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK was relatively modest.

Import Prices by Country

The average horsehair import price stood at $X per ton in 2021, rising by less than X% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horsehair in the world?

The country with the largest volume of horsehair consumption was China, comprising approx. 48% of total volume. Moreover, horsehair consumption in China exceeded the figures recorded by the second-largest consumer, Italy, sixfold. Kazakhstan ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of horsehair in the world?

The countries with the highest volumes of horsehair production in 2021 were Kazakhstan, Turkmenistan and Uzbekistan, together accounting for 27% of global production. Mali, Belgium, Lesotho, Iran, Afghanistan, Turkey, the United States, Pakistan, Ireland and Peru lagged somewhat behind, together comprising a further 53%.

What are the leading suppliers of horsehair to Hungary?

In value terms, the UK constituted the largest supplier of horsehair to Hungary, comprising 92% of total imports. The second position in the ranking was held by Germany $95), with a 7.9% share of total imports.

What are the leading importers of horsehair from Hungary?

In value terms, Germany and Romania were the largest markets for horsehair exported from Hungary worldwide.

What is the average export price for horsehair in Hungary?

In 2020, the average horsehair export price amounted to $88,276 per ton, rising by 9.6% against the previous year.

What is the average import price for horsehair in Hungary?

The average horsehair import price stood at $27,791 per ton in 2021, with an increase of less than 0.1% against the previous year.

This report provides an in-depth analysis of the horsehair 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:

FCL 1030 - Fine goat hair
FCL 1031 - Coarse goat hair
FCL 1100 - Hair of horses
FCL 1218 - Hair, fine
FCL 1219 - Hair, coarse nes

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023