Flax yarn market in Hungary

Earlier Report Observations

The Hungarian flax yarn market began the period with a substantial increase, as market size jumped from 938 000 USD in 2018 to 1.76 million USD in 2019. This growth coincided with a rise in import value to 2.05 million USD and a sharp decline in exports, reflecting a shift toward domestic market supply.

Market dynamics in the early 2020s were influenced by several key factors. High inflation in 2022 elevated production costs across the textile industry, while growing consumer demand for sustainable and natural fibers supported flax yarn consumption. The expansion of e-commerce channels and regulatory updates further adjusted market access and distribution patterns.

By 2024, the market size reached 2.31 million USD, with domestic production having ceased. European flax price increases, due to weather-related production challenges, raised import costs and market values. Continuous consumer preference for eco-friendly textiles provided a stable demand base, sustaining market growth despite fluctuating import volumes.

Production flax yarn in Hungary

In value, 2018-2021, K $ US

In 2019, Hungary's flax yarn output was valued at 1 513 K $ US, representing a dramatic 74.2% decrease compared to 2018.

Annual dynamics of production in Hungary in value, 2018-2021, K $ US

In kind, 2018-2021, t

In 2019, Hungary produced 110.0 t of flax yarn, marking an 80.1% reduction from the previous year.

Annual dynamics of production in Hungary in kind, 2018-2021, t

Exports flax yarn from Hungary

Exports in kind, t

Hungary's flax yarn export volumes declined for the third consecutive year. In 2021, exports totaled 15.7 t, a substantial 13.6% drop compared to 2020. Between 2018 and 2021, exports decreased by 97.4%, equating to an annualized rate of 70.4%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, t

From 2018 to 2021, Belgium, Germany, and France were the main destinations for Hungary's flax yarn exports in kind. Belgium accounted for 56.2% of exports, Germany for 11.8%, and France for 5.7%, with these three countries together representing 73.7% of total 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

Flax yarn exports from Hungary declined for the third year in a row. In 2021, exports amounted to 574 K $ US, which is 39.5% lower than in 2020. Between 2018 and 2021, exports fell by 90.9%, translating to an annualized rate of 55.0%.

Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US

From 2018 to 2021, Belgium, the United States, and Germany were the largest buyers of Hungarian flax yarn in value terms. Belgium held a 35.3% share of exports, the United States 13.6%, and Germany 12.5%, collectively forming 61.5% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Hungary in value, 2018-2021

Imports flax yarn to Hungary

Imports in kind, t

The market showed noticeable fluctuations during the period. Imports bottomed in 2018 and peaked in 2021, with a 2.2-fold difference between these years. In 2021, Hungary's foreign flax yarn supplies reached 243.4 t, up by 100.7% compared to 2020. The largest decline occurred in 2020, at 30.9%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, t

From 2018 to 2021, Italy dominated Hungary's flax yarn imports in kind, accounting for 71.1% of total flows, while the remaining share was distributed among several smaller markets.

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

The market exhibited volatility over the observed period. Imports fell to their lowest point in 2020 and peaked in 2021, with a 2.3-fold gap between these years. In 2021, Hungary imported approximately 2 993 K $ US of flax yarn, a steep 134.5% increase from the previous year. The minimum value was recorded in 2020 at 1 276 K $ US, with the largest decline that year at 37.7%.

Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US

From 2018 to 2021, Italy remained the dominant direction for Hungary's flax yarn imports in value terms, with an 86.6% share of total flows, while the remainder was fragmented across other markets.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Hungary in value, 2018-2021