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Hungary - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
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Hungary: Sunglasses Market Overview 2020

Sunglasses Market Size in Hungary

The revenue of the sunglasses market in Hungary amounted to $X in 2018, surging by X% against the previous year. Over the period under review, sunglasses consumption continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Sunglasses consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Sunglasses Production in Hungary

In value terms, sunglasses production amounted to $X in 2018 estimated in export prices. Over the period under review, sunglasses production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Sunglasses production peaked at $X in 2012; however, from 2013 to 2018, production stood at a somewhat lower figure.

Sunglasses Exports

Exports from Hungary

In 2018, the amount of sunglasses exported from Hungary amounted to X units, growing by X% against the previous year. Overall, sunglasses exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, sunglasses exports totaled $X in 2018. Overall, sunglasses exports continue to indicate a tangible expansion. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. In that year, sunglasses exports attained their peak of $X. From 2016 to 2018, the growth of sunglasses exports remained at a lower figure.

Exports by Country

Romania (X units), Austria (X units) and France (X units) were the main destinations of sunglasses exports from Hungary, with a combined X% share of total exports. The Czech Republic, Germany, the Netherlands, Poland, Slovakia, Turkey, Croatia, Bulgaria and Italy lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bulgaria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sunglasses exported from Hungary were the Czech Republic ($X), Romania ($X) and Turkey ($X), together accounting for X% of total exports.

Among the main countries of destination, Turkey recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average sunglasses export price amounted to $X per unit, waning by -X% against the previous year. In general, the sunglasses export price continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for sunglasses attained their maximum at $X per unit in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Sunglasses Imports

Imports into Hungary

In 2018, the amount of sunglasses imported into Hungary totaled X units, remaining constant against the previous year. Overall, sunglasses imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Imports peaked at X units in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, sunglasses imports amounted to $X in 2018. In general, sunglasses imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, sunglasses imports attained their peak of $X, leveling off in the following year.

Imports by Country

In 2018, China (X units) constituted the largest sunglasses supplier to Hungary, with a X% share of total imports. Moreover, sunglasses imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), sixfold. The third position in this ranking was occupied by China, Hong Kong SAR (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and China, Hong Kong SAR (+X% per year).

In value terms, the largest sunglasses suppliers to Hungary were Germany ($X), France ($X) and Spain ($X), with a combined X% share of total imports. These countries were followed by China, China, Hong Kong SAR, Poland and Slovenia, which together accounted for a further X the main suppliers, China, Hong Kong SAR recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average sunglasses import price amounted to $X per unit, reducing by -X% against the previous year. Overall, the import price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunglasses import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. In that year, the average import prices for sunglasses attained their peak level of $X per unit. From 2013 to 2018, the growth in terms of the average import prices for sunglasses remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504250 - Sunglasses

This report provides an in-depth analysis of the sunglasses 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.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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