Knitted or crocheted track suits market in Hungary

Earlier Report Observations

The market for knitted or crocheted track suits in Hungary showed stability in the late 2010s, with volumes around 1.4–1.5 million units in 2018 and 2019. A major shift occurred in 2020 when the market volume jumped to 2.2 million units. This surge was directly linked to the rise of the athleisure trend, which broadened the use of sportswear into daily casual wear, particularly among men, thereby expanding overall consumption.

Following the 2020 peak, the market entered a period of significant contraction. Volume dropped to 1.3 million units in 2021 and fell further to 826 thousand units by 2022. The market continued to decline, reaching 746 thousand units in 2024.

During the later years, market dynamics were influenced by evolving fashion trends and retail behavior. In the 2024-2025 season, knitted garments returned to mainstream fashion, favoring specific styles like V-necks and shorter cuts. Fast fashion chains remained dominant players, rapidly adapting to these trends. By 2025, factors such as the launch of new European-made collections by brands like StarShinerS and the growth of the online second-hand clothing market signaled further changes in consumer choice and market structure.

Production knitted or crocheted track suits in Hungary

In value, 2018-2021, K $ US

Hungary's production of knitted or crocheted track suits has declined for the third consecutive year. In 2021, output was valued at 350.4 thousand US dollars, marking a 4.8% decrease compared to 2020. Over the period from 2018 to 2021, production fell by 25.8%, with a compound annual growth rate of -9.5%.

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

In kind, 2018-2021, K unit

Hungary's production of knitted or crocheted track suits has declined for the third consecutive year. In 2021, 51.7 thousand units were produced, representing a sharp drop of 47.8% from the previous year. From 2018 to 2021, production decreased by 54.1%, with a compound annual growth rate of -22.9%.

Annual dynamics of production in Hungary in kind, 2018-2021, K unit

Exports knitted or crocheted track suits from Hungary

Exports in kind, K unit

Exports of knitted or crocheted track suits from Hungary have increased for the third consecutive year. In 2021, exports stood at 345 thousand units, up by 4.8% year-over-year. Over the period from 2018 to 2021, exports grew by 148.4%, with a compound annual growth rate of 35.4%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, K unit

From 2018 to 2021, exports of knitted or crocheted track suits from Hungary were broadly distributed across markets. Croatia accounted for 23.1% of exports in kind, Poland for 12.6%, and Italy for 11.6%, with these three countries together making up 47.3% 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

Exports of knitted or crocheted track suits from Hungary have increased for the third consecutive year. In 2021, exports reached 1 565 thousand US dollars, rising by 30.6% from the previous year. Over the period from 2018 to 2021, exports grew by 101.5%, with a compound annual growth rate of 26.3%.

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

From 2018 to 2021, exports in value terms of knitted or crocheted track suits from Hungary were not concentrated on a few key destinations. Croatia contributed 16.7% of exports in value terms, Germany 16.0%, and Romania 12.1%, with these three countries jointly accounting for 44.8% of total 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 knitted or crocheted track suits to Hungary

Imports in kind, K unit

After a two-year uptick, imports of knitted or crocheted track suits into Hungary declined. In 2021, Hungary imported 1 631 thousand units, showing a sudden decrease of 31.7% compared to 2020. Over the period from 2018 to 2021, imports increased by 11.9%, with a compound annual growth rate of 3.8%. The maximum volume was recorded in 2020 at 2 389 thousand units, which also saw the largest increase of 58.0%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, K unit

From 2018 to 2021, Turkey was the largest contributor to imports in kind, accounting for 65.0%, followed by Poland at 11.6% and China at 8.1%. Together, these three countries made up 84.7% of total flows.

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 an unstable trend throughout the timeframe. Imports reached a low in 2018 and peaked in 2020, varying by a factor of 2.8 between these years. In 2021, imports of knitted or crocheted track suits into Hungary amounted to 16 337 thousand US dollars, marking a substantial decrease of 19.4% compared to 2020. The maximum value was recorded in 2020 at 20 257 thousand US dollars, which also saw the largest increase of 86.7%.

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

From 2018 to 2021, Turkey was the largest supplier of knitted or crocheted track suits to Hungary in value terms, accounting for 60.3% of imports. Austria followed with 15.9%, and Germany with 7.3%, with these three countries together forming 83.4% of total imports in value terms.

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

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