Hungary - Woven Fabrics of Cotton - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHungary: Cotton Fabric Market 2024
Cotton Fabric Market Size in Hungary
The Hungarian cotton fabric market expanded sharply to $X in 2023, rising by X% against the previous year. Over the period under review, consumption, however, showed a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Cotton Fabric Production in Hungary
In value terms, cotton fabric production skyrocketed to $X in 2023 estimated in export price. In general, production, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Cotton fabric production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Cotton Fabric Exports
Exports from Hungary
Cotton fabric exports from Hungary shrank remarkably to X square meters in 2023, declining by X% compared with 2022 figures. Over the period under review, total exports indicated a slight increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X square meters in 2020; however, from 2021 to 2023, the exports remained at a lower figure.
In value terms, cotton fabric exports fell modestly to $X in 2023. In general, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Italy (X square meters) was the main destination for cotton fabric exports from Hungary, with a X% share of total exports. Moreover, cotton fabric exports to Italy exceeded the volume sent to the second major destination, Slovakia (X square meters), fivefold. Romania (X square meters) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Romania (X% per year).
In value terms, Italy ($X) remains the key foreign market for woven fabrics of cotton exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with an X% share of total exports. It was followed by Ukraine, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Ukraine (X% per year).
Export Prices by Country
In 2023, the average cotton fabric export price amounted to $X per square meter, rising by X% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was North Macedonia ($X per square meter), while the average price for exports to Slovakia ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.
Cotton Fabric Imports
Imports into Hungary
In 2023, overseas purchases of woven fabrics of cotton decreased by X% to X square meters, falling for the third consecutive year after four years of growth. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X square meters in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, cotton fabric imports reduced remarkably to $X in 2023. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Pakistan (X square meters) constituted the largest cotton fabric supplier to Hungary, with a X% share of total imports. Moreover, cotton fabric imports from Pakistan exceeded the figures recorded by the second-largest supplier, Germany (X square meters), fourfold. The third position in this ranking was taken by Slovenia (X square meters), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Pakistan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Slovenia (X% per year).
In value terms, Pakistan ($X), Germany ($X) and Italy ($X) appeared to be the largest cotton fabric suppliers to Hungary, together accounting for X% of total imports. The Netherlands, Turkey, France, Slovenia, Austria, China, Poland, Spain, Moldova and Uzbekistan lagged somewhat behind, together accounting for a further X%.
Uzbekistan, with a CAGR of X%, 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 cotton fabric import price stood at $X per square meter in 2023, surging by X% against the previous year. In general, the import price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Uzbekistan ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the cotton 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 13202020 - Woven fabrics of cotton weighing . .100 g/m., for medical gauzes, bandages and dressings
- Prodcom 13202060 - Woven fabrics of denim cotton weighing > .200 g/m. (including denim other than blue)
- Prodcom 132020Z1 - Cotton fabrics, . .200 g/m. (excluding gauze and coloured yarns)
- Prodcom 132020Z2 - Cotton fabrics, > .200 g/m. (excluding coloured yarns)
- Prodcom 132020Z3 - Woven fabrics of cotton of yarns of different colours (excluding denim)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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