Hungary: Market for Table Linen Of Knitted Or Crocheted Textiles 2022

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Hungary

The Hungarian market for table linen of knitted or crocheted textiles surged to $X in 2021, rising by X% against the previous year. In general, consumption, however, showed a pronounced contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in Hungary

In value terms, table linen of crocheted textile production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable reduction. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Hungary

Table linen of crocheted textile exports from Hungary declined rapidly to X tons in 2021, dropping by -X% compared with 2020 figures. In general, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, table linen of crocheted textile exports reduced remarkably to $X in 2021. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Slovakia (X kg), Serbia (X kg) and Romania (X kg) were the main destinations of table linen of crocheted textile exports from Hungary, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) emerged as the key foreign market for table linen of crocheted textile exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

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

Export Prices by Country

In 2021, the average export price for table linen of knitted or crocheted textiles amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Romania ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports into Hungary

In 2021, table linen of crocheted textile imports into Hungary soared to X tons, rising by X% against 2020. In general, imports saw significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, table linen of crocheted textile imports skyrocketed to $X in 2021. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of table linen of crocheted textile to Hungary, accounting for a X% share of total imports. Moreover, table linen of crocheted textile imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Slovakia (+X% per year).

In value terms, China ($X) constituted the largest supplier of table linen of crocheted textile to Hungary, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Slovakia (+X% per year).

Import Prices by Country

The average import price for table linen of knitted or crocheted textiles stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Slovakia ($X per ton) and India ($X per ton), while the price for Turkey ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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