Hungary: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in Hungary

For the third consecutive year, the Hungarian man-made filament fabric market recorded decline in sales value, which decreased by -81.2% to $X in 2021. In general, consumption recorded a abrupt slump. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Man-Made Filament Fabric Production in Hungary

In value terms, man-made filament fabric production shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production faced a sharp decrease. The growth pace was the most rapid in 2017 with an increase of 7.3%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Man-Made Filament Fabric Exports

Exports from Hungary

In 2021, overseas shipments of woven fabrics of man-made filaments and staple fibers increased by 106% to X tons, rising for the third consecutive year after three years of decline. Overall, exports showed a pronounced increase. The pace of growth appeared the most rapid in 2019 with an increase of 129% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, man-made filament fabric exports expanded sharply to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of man-made filament fabric exports from Hungary, with a combined 56% share of total exports. These countries were followed by Belgium, Romania, France, Libya, Ukraine, Serbia, Denmark, Egypt, Italy and North Macedonia, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +28.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for man-made filament fabric exported from Hungary were Germany ($X), the UK ($X) and the Netherlands ($X), with a combined 40% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +30.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average man-made filament fabric export price amounted to $X per ton, which is down by -45% against the previous year. Over the period under review, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 526% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Fabric Imports

Imports into Hungary

In 2021, the amount of woven fabrics of man-made filaments and staple fibers imported into Hungary skyrocketed to X tons, increasing by 32% compared with 2020. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 207% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, man-made filament fabric imports shrank to $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 29% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Pakistan (X tons) and Germany (X tons) were the main suppliers of man-made filament fabric imports to Hungary, together comprising 8.1% of total imports. Turkey, Slovenia, Romania, Belgium, the Czech Republic, Italy, Austria, Taiwan (Chinese), Serbia and Poland lagged somewhat behind, together comprising a further 6.6%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +42.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Hungary, comprising 30% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Italy, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.1% per year) and Italy (-5.8% per year).

Import Prices by Country

In 2021, the average man-made filament fabric import price amounted to $X per ton, declining by -35.2% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 136%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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