Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary - 2023

Contents:

  1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary (CIF) - 2023
  2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary (FOB) - 2022
  3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary
  4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary (CIF) - 2023

In October 2023, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $7,193 per ton, approximately equating the previous month. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in March 2023 an increase of 37% month-to-month. As a result, import price reached the peak level of $12,193 per ton. From April 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($31,645 per ton), while the price for Turkey ($2,637 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $7,622 per ton in 2022, surging by 36% against the previous year. Overall, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2016 an increase of 55%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($9,355 per ton), while the average price for exports to Serbia ($5,463 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary

In 2022, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses into Hungary expanded to 3.3K tons, increasing by 4.9% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.4%.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses rose significantly to $30M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/A0.27.812.6693.7%
Germany1.33.66.88.486.3%
Indonesia2.12.02.53.215.1%
Turkey0.80.81.51.728.6%
South Korea11.79.65.01.5-49.6%
PortugalN/A0.21.01.3155.0%
Czech Republic1.20.60.60.5-25.3%
Italy0.60.61.10.1-45.0%
Poland7.03.50.10.1-75.7%
Others0.40.20.20.614.5%
Total25.221.326.529.95.9%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Hungary in 2022:

  1. Vietnam (1678.4 tons)
  2. Germany (662.4 tons)
  3. Indonesia (416.6 tons)
  4. Turkey (224.4 tons)
  5. South Korea (126.6 tons)
  6. Czech Republic (84.8 tons)
  7. Portugal (68.4 tons)
  8. Italy (6.6 tons)
  9. Poland (4.7 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary

In 2022, after two years of decline, there was significant growth in overseas shipments of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses, when their volume increased by 52% to 3.3K tons. Overall, exports, however, recorded a abrupt setback.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses soared to $25M in 2022. Over the period under review, exports recorded a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia7.16.89.17.72.7%
Spain0.1N/A0.35.5280.3%
Italy2.60.90.74.318.3%
Germany2.01.30.82.69.1%
Poland0.71.80.92.348.7%
Romania10.33.80.11.6-46.2%
Sri LankaN/AN/AN/AN/A0%
Others0.10.10.31.0115.4%
Total23.114.712.124.92.5%

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from Hungary in 2022:

  1. Serbia (1401.2 tons)
  2. Spain (590.0 tons)
  3. Italy (471.0 tons)
  4. Germany (284.0 tons)
  5. Poland (252.0 tons)
  6. Romania (174.0 tons)

Source: IndexBox Market Intelligence Platform

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