Earlier Report Observations
The Hungarian market for cotton yarn put up for retail sale expanded significantly from 2018 to 2021, with its total value rising from 1.26 million US dollars to 2.53 million US dollars.
This growth trend reversed in the following two years, as the market size contracted to 2.12 million US dollars in 2022 and further to 1.84 million US dollars in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Hungary
- 5.1.1. In kind, 2018-2023, t
- 5.1.2. In value, 2018-2023, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Hungary
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cotton yarn for retail sale in Hungary
In value, 2018-2021, K $ US
Hungary's production of cotton yarn put up for retail sale increased for the third consecutive year. In 2021, output was valued at 13 794 thousand US dollars, marking a controlled gain of 8.6% compared to the previous year. From 2018 to 2021, production grew by 45.8%, with a compound annual growth rate of 13.4%.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.2% | 31.3% | 8.6% | 13.4% |
In kind, 2018-2021, t
Hungary's production of cotton yarn put up for retail sale increased for the second consecutive year. In 2021, 596.0 tonnes were produced, showing a solid increase of 11.8% from a year earlier. Over the period 2018-2021, production rose by 3.1%, with a compound annual growth rate of 1.0%. The lowest production volume was recorded in 2019 at 396.0 tonnes, which saw the largest decline of 31.5%. In contrast, 2020 experienced the largest increase of 34.6%.
Annual dynamics of production in Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (31.5%) | 34.6% | 11.8% | 1.0% |
Exports cotton yarn for retail sale from Hungary
Exports in kind, t
Cotton yarn put up for retail sale exports from Hungary increased for the second consecutive year. In 2021, export volume reached 585.0 tonnes, representing an improvement of 13.3% compared to 2020. From 2018 to 2021, exports grew by 34%, with a compound annual growth rate of 10.3%. The lowest export volume was in 2019 at 413.6 tonnes, which saw the largest decline of 5.2%. The largest increase occurred in 2020 at 24.9%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.2%) | 24.9% | 13.3% | 10.3% |
From 2018 to 2021, Germany, Turkey, and Italy were the leading destinations for Hungary's cotton yarn put up for retail sale exports in kind. Germany accounted for 56.0% of exports, Turkey for 14.3%, and Italy for 5.8%. Together, these three countries represented 76.1% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Hungary in kind, 2018-2021
Exports in value, K $ US
Cotton yarn put up for retail sale exports from Hungary increased for the second consecutive year. In 2021, exports were recorded at 12 028 thousand US dollars, reflecting a substantial increase of 10.3% year-over-year. Over the period 2018-2021, exports grew by 42.1%, with a compound annual growth rate of 12.4%. The lowest value was in 2019 at 8 358 thousand US dollars, which saw the largest decline of 1.2%. The largest increase was in 2020 at 30.4%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.2%) | 30.4% | 10.3% | 12.4% |
From 2018 to 2021, Germany, Turkey, and Italy played the leading roles in Hungary's cotton yarn put up for retail sale exports in value terms. Germany accounted for 43.9% of exports, Turkey for 16.6%, and Italy for 6.2%. Collectively, these three countries made up 66.7% of total export flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports cotton yarn for retail sale to Hungary
Imports in kind, t
Imports of cotton yarn put up for retail sale into Hungary increased for the third consecutive year. In 2021, import volume amounted to 100.7 tonnes, marking a sudden gain of 26.1% compared to the previous year. Between 2018 and 2021, imports rose by 120.6%, equating to an annualized growth rate of 30.2%.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 30.9% | 33.7% | 26.1% | 30.2% |
From 2018 to 2021, Turkey and China clearly dominated imports in kind of cotton yarn put up for retail sale to Hungary, jointly accounting for 89.7% of total flows. Other countries held much smaller shares.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Hungary in kind, 2018-2021
Imports in value, K $ US
Imports of cotton yarn put up for retail sale into Hungary increased for the third consecutive year. In 2021, imports stood at 768 thousand US dollars, reflecting a rise of 32.4% compared to the previous year. Over the period 2018-2021, imports grew by 193.4%, with a compound annual growth rate of 43.2%.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 50.0% | 47.7% | 32.4% | 43.2% |
From 2018 to 2021, Turkey, Germany, and China were the leading sources for Hungary's cotton yarn put up for retail sale imports in value terms. Turkey accounted for 61.4% of imports, Germany for 14.7%, and China for 13.2%. Together, these three countries represented 89.3% of total import flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Hungary in value, 2018-2021
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