Report Update Nov 1, 2024

Hungary - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Flax Fabric Market 2024

Flax Fabric Market Size in Hungary

After ten years of growth, the Hungarian flax fabric market decreased by -52.4% to $X in 2022. Over the period under review, consumption showed a deep reduction. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Flax Fabric Production in Hungary

In value terms, flax fabric production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Flax Fabric Exports

Exports from Hungary

In 2022, flax fabric exports from Hungary skyrocketed to X tons, picking up by 270% compared with the previous year. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric exports skyrocketed to $X in 2022. Overall, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Slovakia (X tons) and Romania (X tons) were the main destinations of flax fabric exports from Hungary, together comprising 94% of total exports.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +70.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flax fabric exported from Hungary were Italy ($X), Slovakia ($X) and Romania ($X), together comprising 86% of total exports.

Slovakia, with a CAGR of +114.4%, saw the highest growth rate of 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 flax fabric export price amounted to $X per ton, with a decrease of -46.5% against the previous year. Over the period under review, the export price, however, continues to indicate a tangible expansion. The growth pace was the most rapid in 2021 when the average export price increased by 98%. As a result, the export price reached the peak level of $X per ton, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+49.8%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Hungary

In 2022, approx. X tons of woven fabrics of flax were imported into Hungary; waning by -52.9% against the previous year's figure. Overall, imports showed a sharp downturn. The smallest decline of -42.6% was in 2021. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, flax fabric imports expanded markedly to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 118%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Italy (X tons) and Austria (X tons) were the main suppliers of flax fabric imports to Hungary, together comprising 66% of total imports. China, Germany, the UK and Belgium lagged somewhat behind, together accounting for a further 28%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +297.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of woven fabrics of flax to Hungary, comprising 37% of total imports. The second position in the ranking was held by Austria ($X), with an 18% share of total imports. It was followed by Turkey, with a 13% share.

From 2020 to 2022, the average annual growth rate of value from Italy stood at -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+10.0% per year) and Turkey (-5.2% per year).

Import Prices by Country

The average flax fabric import price stood at $X per ton in 2022, surging by 125% against the previous year. Overall, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+66.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 32% share of global consumption.

What are the largest producers of woven fabrics of flax in the world?

China remains the largest flax fabric producing country worldwide, accounting for 41% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, Russia, fivefold. India ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of woven fabrics of flax to Hungary?

In value terms, Italy constituted the largest supplier of flax fabric to Hungary, comprising 60% of total imports. The second position in the ranking was occupied by Austria, with a 12% share of total imports. It was followed by Turkey, with a 9.5% share.

What are the leading importers of woven fabrics of flax from Hungary?

In value terms, Italy remains the key foreign market for flax fabric exports from Hungary, comprising 57% of total exports. The second position in the ranking was occupied by Slovakia, with a 13% share of total exports. It was followed by Turkey, with an 8.5% share.

What is the average export price for woven fabrics of flax in Hungary?

The average flax fabric export price stood at $11,364 per ton in 2021, reducing by -4.3% against the previous year.

What is the average import price for woven fabrics of flax in Hungary?

The average flax fabric import price stood at $40,184 per ton in 2021, surging by 113% against the previous year.

This report provides an in-depth analysis of the flax fabric 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 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

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