Report Update Nov 1, 2024

Hungary - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Noils Of Wool Market 2024

Noils Of Wool Market Size in Hungary

After two years of decline, the Hungarian noils of wool market decreased by 99.9% to less than $X in 2021. In general, consumption, however, recorded a perceptible slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Noils Of Wool Production in Hungary

In value terms, noils of wool production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 17%. Over the period under review, production reached the maximum level at $X in 2020, and then declined modestly in the following year.

Noils Of Wool Exports

Exports from Hungary

In 2020, overseas shipments of noils of wool or fine animal hair decreased by 0% to X tons, falling for the second year in a row after three years of decline. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 434%. As a result, the exports reached the peak of X tons. From 2016 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, noils of wool exports amounted to $X in 2020. Overall, exports showed a dramatic decline. The pace of growth was the most pronounced in 2015 when exports increased by 236%. As a result, the exports reached the peak of $X. From 2016 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for noils of wool exports from Hungary, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Italy totaled -30.0%.

From 2012 to 2020, the average annual rate of growth in terms of value to Italy totaled -32.1%.

Export Prices by Country

The average noils of wool export price stood at $X per ton in 2020, stabilizing at the previous year. Over the period under review, the export price recorded a perceptible slump. The growth pace was the most rapid in 2014 when the average export price increased by 11% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2020, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2020, the rate of growth in terms of prices for Italy amounted to -3.1% per year.

Noils Of Wool Imports

Imports into Hungary

In 2019, purchases abroad of noils of wool or fine animal hair decreased by -57.6% to X kg for the first time since 2014, thus ending a four-year rising trend. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 60% against the previous year. As a result, imports attained the peak of X tons, and then dropped notably in the following year.

In value terms, noils of wool imports shrank notably to $X in 2019. In general, imports, however, saw buoyant growth. The growth pace was the most rapid in 2018 with an increase of 18%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

In 2019, Italy (X kg) was the main noils of wool supplier to Hungary, accounting for a approx. 100% share of total imports.

From 2013 to 2019, the average annual rate of growth in terms of volume from Italy amounted to +36.5%.

In value terms, Italy ($X) constituted the largest supplier of noils of wool or fine animal hair to Hungary.

From 2013 to 2019, the average annual rate of growth in terms of value from Italy totaled +19.2%.

Import Prices by Country

In 2019, the average noils of wool import price amounted to $X per ton, with a decrease of -42.3% against the previous year. Overall, the import price saw a abrupt slump. The growth pace was the most rapid in 2016 an increase of 1.1% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2019, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2013 to 2019, the rate of growth in terms of prices for Italy amounted to -12.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for noils of wool or fine animal hair in the world?

China remains the largest noils of wool consuming country worldwide, comprising approx. 17% of total volume. Moreover, noils of wool consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of noils of wool or fine animal hair in the world?

China remains the largest noils of wool producing country worldwide, comprising approx. 18% of total volume. Moreover, noils of wool production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.4% share.

What are the leading suppliers of noils of wool or fine animal hair to Hungary?

In value terms, Germany and Italy were the largest noils of wool suppliers to Hungary.

What are the leading importers of noils of wool or fine animal hair from Hungary?

In value terms, Italy remains the key foreign market for noils of wool exports from Hungary.

What is the average export price for noils of wool or fine animal hair in Hungary?

The average noils of wool export price stood at $3,383 per ton in 2020, with a decrease of -42.2% against the previous year.

What is the average import price for noils of wool or fine animal hair in Hungary?

The average noils of wool import price stood at $5,315 per ton in 2019, increasing by 6.6% against the previous year.

This report provides an in-depth analysis of the noils of wool 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 13102300 - Noils of wool or fine animal hair

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023