Hungary - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Woven Glass Fibre Articles in Hungary - 2021
Contents:
- Price for Non-Woven Glass Fibre Articles in Hungary (CIF) - 2021
- Price for Non-Woven Glass Fibre Articles in Hungary (FOB) - 2021
- Imports of Non-Woven Glass Fibre Articles in Hungary
- Exports of Non-Woven Glass Fibre Articles in Hungary
Price for Non-Woven Glass Fibre Articles in Hungary (CIF) - 2021
The average non-woven glass fibre articles import price stood at $1,278 per ton in November 2021, reducing by -5.9% against the previous month. Over the period from November 2020 to November 2021, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in April 2021 an increase of 25% m-o-m. Over the period under review, average import prices reached the peak figure at $1,501 per ton in June 2021; however, from July 2021 to November 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was Italy ($3,850 per ton), while the price for the Czech Republic ($914 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Romania (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Woven Glass Fibre Articles in Hungary (FOB) - 2021
The average non-woven glass fibre articles export price stood at $4,449 per ton in November 2021, which is down by -8.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2021 when the average export price increased by 19% against the previous month. Over the period under review, the average export prices hit record highs at $4,851 per ton in October 2021, and then reduced in the following month.
There were significant differences in the average prices for the major external markets. In November 2021, the country with the highest price was Italy ($5,190 per ton), while the average price for exports to Serbia ($2,723 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Woven Glass Fibre Articles in Hungary
In 2022, after three years of growth, there was significant decline in overseas purchases of non-woven glass fibre webs, felts, mattresses and boards, when their volume decreased by -9.2% to 16K tons. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of 18K tons, and then contracted in the following year.
In value terms, non-woven glass fibre articles imports declined to $19M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $23M, and then declined in the following year.
| Import of Non-Woven Glass Fibre Articles in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.9 | 4.9 | 5.1 | 4.2 | 2.5% |
| Slovenia | 4.5 | 5.0 | 4.5 | 3.8 | -5.5% |
| Italy | 0.2 | 0.1 | 4.1 | 3.4 | 157.1% |
| Romania | 1.2 | 1.6 | 3.9 | 3.2 | 38.7% |
| Poland | 0.3 | 0.8 | 1.0 | 0.8 | 38.7% |
| Slovakia | 0.8 | 0.8 | 0.7 | 0.6 | -9.1% |
| Others | 2.7 | 2.7 | 3.4 | 3.2 | 5.8% |
| Total | 13.5 | 15.9 | 22.7 | 19.3 | 12.7% |
Top Suppliers of Non-Woven Glass Fibre Articles to Hungary in 2022:
- Czech Republic (4.8K tons)
- Slovenia (4.7K tons)
- Romania (3.8K tons)
- Italy (1.1K tons)
- Poland (0.8K tons)
- Slovakia (0.3K tons)
Exports of Non-Woven Glass Fibre Articles in Hungary
In 2022, approx. 1.6K tons of non-woven glass fibre webs, felts, mattresses and boards were exported from Hungary; increasing by 14% on the previous year's figure. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 66% against the previous year. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, non-woven glass fibre articles exports amounted to $6.8M in 2022. The total export value increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. As a result, the exports reached the peak of $7.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Woven Glass Fibre Articles in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 3.1 | 3.1 | 3.3 | 12.8% |
| Italy | 1.5 | 3.3 | 2.4 | 2.6 | 20.1% |
| Slovakia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Greece | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Slovenia | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.4 | 0.4 | 0.4 | -17.0% |
| Total | 4.9 | 7.2 | 6.4 | 6.8 | 11.5% |
Top Export Markets for Non-Woven Glass Fibre Articles from Hungary in 2022:
- Germany (737.0 tons)
- Italy (620.3 tons)
- Slovakia (101.1 tons)
- Greece (76.1 tons)
- Slovenia (30.3 tons)
This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
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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