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Hungary - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Athletic Footwear Market Overview 2021

Athletic Footwear Market Size in Hungary

The Hungarian athletic footwear market fell to $X in 2020, with a decrease of -X% against the previous year. In general, consumption enjoyed a resilient expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Athletic footwear consumption peaked at $X in 2019, and then declined modestly in the following year.

Athletic Footwear Production in Hungary

In value terms, athletic footwear production fell to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Athletic Footwear Exports

Exports from Hungary

After three years of decline, shipments abroad of athletic footwear increased by X% to X pairs in 2020. Overall, exports recorded significant growth. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X pairs in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, athletic footwear exports reduced to $X in 2020. In general, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Croatia (X pairs) was the main destination for athletic footwear exports from Hungary, accounting for a X% share of total exports. Moreover, athletic footwear exports to Croatia exceeded the volume sent to the second major destination, Slovenia (X pairs), threefold. Bulgaria (X pairs) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Croatia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Bulgaria (+X% per year).

In value terms, the largest markets for athletic footwear exported from Hungary were Croatia ($X), Poland ($X) and Bulgaria ($X), with a combined X% share of total exports. The Netherlands, Slovakia, Romania, Slovenia, Austria, Germany and Serbia lagged somewhat behind, together comprising a further X (+X% per year) 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

In 2020, the average athletic footwear export price amounted to $X per pair, with a decrease of -X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per pair in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Hungary

In 2020, purchases abroad of athletic footwear increased by X% to X pairs, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in the near future.

In value terms, athletic footwear imports shrank to $X in 2020. Overall, imports saw a strong expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2019, and then fell modestly in the following year.

Imports by Country

In 2020, Poland (X pairs) constituted the largest supplier of athletic footwear to Hungary, accounting for a X% share of total imports. Moreover, athletic footwear imports from Poland exceeded the figures recorded by the second-largest supplier, Belgium (X pairs), threefold. The third position in this ranking was occupied by France (X pairs), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and France (+X% per year).

In value terms, Belgium ($X), Germany ($X) and Poland ($X) constituted the largest athletic footwear suppliers to Hungary, with a combined X% share of total imports. France, Slovakia, Austria and Spain lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average athletic footwear import price stood at $X per pair in 2020, dropping by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per pair in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per pair), while the price for Poland ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for athletic footwear in the world?
+
China (596M pairs) constituted the country with the largest volume of athletic footwear consumption, accounting for 29% of total volume. Moreover, athletic footwear consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (236M pairs), threefold. The third position in this ranking was occupied by Japan (57M pairs), with a 2.7% share.
What are the largest producers of athletic footwear in the world?
+
The country with the largest volume of athletic footwear production was China (559M pairs), comprising approx. 30% of total volume. Moreover, athletic footwear production in China exceeded the figures recorded by the second-largest producer, Viet Nam (256M pairs), twofold. The third position in this ranking was occupied by Indonesia (111M pairs), with a 6.1% share.
What are the leading suppliers of athletic footwear to Hungary?
+
In value terms, Belgium ($18M), Germany ($9.1M) and Poland ($7.3M) were the largest athletic footwear suppliers to Hungary, with a combined 60% share of total imports. France, Slovakia, Austria and Spain lagged somewhat behind, together accounting for a further 33%.
What are the leading importers of athletic footwear from Hungary?
+
In value terms, Croatia ($965K), Poland ($772K) and Bulgaria ($769K) were the largest markets for athletic footwear exported from Hungary worldwide, together comprising 36% of total exports. These countries were followed by the Netherlands, Slovakia, Romania, Slovenia, Austria, Germany and Serbia, which together accounted for a further 53%.
What is the average export price for athletic footwear in Hungary?
+
In 2020, the average athletic footwear export price amounted to $9.4 per pair, waning by -35.1% against the previous year.
What is the average import price for athletic footwear in Hungary?
+
The average athletic footwear import price stood at $17 per pair in 2020, waning by -16.3% against the previous year.

Product coverage:
• Prodcom 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)

This report provides an in-depth analysis of the athletic footwear 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 2025.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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