Hungary: Jersey Market 2025

Jersey Market Size in Hungary

In 2022, the Hungarian jersey market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Jersey Production in Hungary

In value terms, jersey production dropped remarkably to $X in 2022 estimated in export price. Overall, production recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Jersey production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Jersey Exports

Exports from Hungary

Jersey exports from Hungary skyrocketed to X units in 2022, rising by X% against the previous year's figure. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, jersey exports surged to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X units), Slovakia (X units) and the Czech Republic (X units) were the main destinations of jersey exports from Hungary, with a combined X% share of total exports. Croatia, Poland, Serbia, Bulgaria, Germany, France and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Germany ($X) and Italy ($X) were the largest markets for jersey exported from Hungary worldwide, together accounting for X% of total exports. The Czech Republic, Croatia, Slovakia, Poland, Bulgaria, Serbia and France lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average jersey export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Serbia ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into Hungary

In 2022, overseas purchases of jerseys, pullovers, cardigans and similar articles were finally on the rise to reach X units after three years of decline. Overall, imports recorded prominent growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, jersey imports soared to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X units), Poland (X units) and China (X units) were the main suppliers of jersey imports to Hungary, with a combined X% share of total imports. Slovakia, France, India, Bangladesh, Spain, Turkey and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jersey suppliers to Hungary were Poland ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Slovakia, Spain, France, Bangladesh, Turkey, India and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average jersey import price amounted to $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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