Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary (CIF) - 2023
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary (CIF) - 2023
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $21.5 per unit in December 2023, waning by -29% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 183% month-to-month. The import price peaked at $37.2 per unit in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to December 2023, the rate of growth in terms of prices for France amounted to +5.4% per month.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $12 per unit, growing by 155% against the previous year. In general, the export price, however, saw a pronounced reduction. The export price peaked at $17 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($21 per unit), while the average price for exports to Bulgaria ($4.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary
After three years of growth, purchases abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -24.9% to 265K units in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of 352K units, and then declined rapidly in the following year.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds amounted to $4M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 861 | 1,225 | 1,290 | 1,270 | 13.8% |
| Germany | 444 | 558 | 684 | 1,041 | 32.8% |
| France | 379 | 351 | 566 | 517 | 10.9% |
| China | 128 | 42.6 | 214 | 304 | 33.4% |
| Belgium | 193 | 246 | 325 | 278 | 12.9% |
| Poland | 271 | 563 | 233 | 253 | -2.3% |
| Netherlands | N/A | N/A | 0.6 | 148 | 24566.7% |
| Turkey | 328 | 6.5 | 50.2 | 20.9 | -60.1% |
| Bulgaria | N/A | 53.3 | 350 | N/A | 556.7% |
| Others | 237 | 256 | 250 | 205 | -4.7% |
| Total | 2,840 | 3,301 | 3,961 | 4,036 | 12.4% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Hungary in 2022:
- France (57.9K units)
- China (47.3K units)
- Germany (46.0K units)
- Austria (44.6K units)
- Poland (23.4K units)
- Netherlands (10.3K units)
- Belgium (10.2K units)
- Turkey (3.9K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary
After three years of growth, overseas shipments of track suits; of synthetic fibres, knitted or crocheteds decreased by -88.1% to 29K units in 2022. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 208%. Over the period under review, the exports of attained the maximum at 243K units in 2021, and then dropped markedly in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds shrank rapidly to $349K in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. The exports peaked at $1.2M in 2021, and then shrank markedly in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 44.7 | 40.6 | 78.2 | 175 | 57.6% |
| Slovakia | 43.7 | 18.2 | 100 | 60.0 | 11.1% |
| Serbia | 1.6 | 30.4 | 36.7 | 36.8 | 184.4% |
| Croatia | 58.3 | 204 | 110 | 25.0 | -24.6% |
| Austria | 9.3 | 15.4 | 40.1 | 11.9 | 8.6% |
| Poland | 3.5 | 23.5 | 294 | 7.2 | 27.2% |
| Romania | 46.8 | 41.1 | 13.6 | 6.5 | -48.2% |
| Bosnia and Herzegovina | N/A | 11.0 | N/A | 5.9 | -26.8% |
| Germany | 177 | 162 | 159 | 5.4 | -68.8% |
| Italy | 3.7 | 38.8 | 182 | 0.8 | -40.0% |
| Slovenia | 17.6 | 61.0 | 32.5 | 0.5 | -69.5% |
| Bulgaria | 30.1 | 111 | 55.5 | 0.1 | -85.1% |
| Others | 0.3 | 17.0 | 51.2 | 14.0 | 260.0% |
| Total | 437 | 774 | 1,154 | 349 | -7.2% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Hungary in 2022:
- Czech Republic (8.2K units)
- Serbia (5.4K units)
- Croatia (5.3K units)
- Slovakia (4.2K units)
- Bosnia and Herzegovina (1.3K units)
- Poland (1.2K units)
- Romania (0.8K units)
- Austria (0.7K units)
- Germany (0.7K units)
- Italy (0.1K units)
- Slovenia (0.1K units)
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