Report Update Apr 1, 2024

Hungary - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Flax Fabric Market 2024

Flax Fabric Market Size in Hungary

In 2022, after ten years of growth, there was significant decline in the Hungarian flax fabric market, when its value decreased by X% to $X. In general, consumption showed a abrupt downturn. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Flax Fabric Production in Hungary

In value terms, flax fabric production soared to $X in 2022 estimated in export price. In general, production, however, saw a drastic downturn. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Flax Fabric Exports

Exports from Hungary

In 2022, approx. X square meters of woven fabrics of flax were exported from Hungary; with an increase of X% compared with 2021. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric exports surged to $X in 2022. In general, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X square meters), Slovakia (X square meters) and Romania (X square meters) were the main destinations of flax fabric exports from Hungary, together comprising X% of total exports.

From 2020 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Slovakia ($X) and Romania ($X) constituted the largest markets for flax fabric exported from Hungary worldwide, together comprising X% of total exports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 flax fabric export price stood at $X per square meter in 2022, falling by X% against the previous year. In general, the export price, however, recorded a notable increase. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per square meter, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Hungary

In 2022, the amount of woven fabrics of flax imported into Hungary plummeted to X square meters, which is down by X% compared with 2021 figures. Over the period under review, imports faced a precipitous descent. The smallest decline of X% was in 2021. Over the period under review, imports attained the maximum at X square meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, flax fabric imports rose sharply to $X in 2022. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X square meters), Italy (X square meters) and Austria (X square meters) were the main suppliers of flax fabric imports to Hungary, together accounting for X% of total imports. China, Germany, the UK and Belgium lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of woven fabrics of flax to Hungary, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2020 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Turkey (X% per year).

Import Prices by Country

The average flax fabric import price stood at $X per square meter in 2022, growing by X% against the previous year. Overall, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The country with the largest volume of flax fabric consumption was Vietnam, accounting for 38% of total volume. Moreover, flax fabric consumption in Vietnam exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was taken by the United States, with a 5.8% share.

What are the largest producers of woven fabrics of flax in the world?

Vietnam constituted the country with the largest volume of flax fabric production, accounting for 37% of total volume. Moreover, flax fabric production in Vietnam exceeded the figures recorded by the second-largest producer, China, threefold. The United States ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of woven fabrics of flax to Hungary?

In value terms, Italy constituted the largest supplier of woven fabrics of flax to Hungary, comprising 37% of total imports. The second position in the ranking was taken by Austria, with an 18% share of total imports. It was followed by Turkey, with a 13% share.

What are the leading importers of woven fabrics of flax from Hungary?

In value terms, Italy, Slovakia and Romania were the largest markets for flax fabric exported from Hungary worldwide, with a combined 86% share of total exports.

What is the average export price for woven fabrics of flax in Hungary?

The average flax fabric export price stood at $23 per square meter in 2022, waning by -46.5% against the previous year.

What is the average import price for woven fabrics of flax in Hungary?

In 2022, the average flax fabric import price amounted to $56 per square meter, picking up by 125% against the previous year.

This report provides an in-depth analysis of the flax fabric 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:

Prodcom 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023