Earlier Report Observations
The market for men's woven jackets and blazers in Hungary experienced a notable shift between volume and value from 2018 to 2024. While physical market volume declined from 1 164.8 thousand units to 876.8 thousand units, market value increased from 32.9 million USD to 35.2 million USD, indicating a sustained rise in average prices over the period.
In 2022, high inflation pushed up apparel prices, and consumers increasingly prioritized quality, comfort, and durability in their purchases. These factors supported both volume and value growth that year, with market volume reaching 998.3 thousand units and value climbing to 29.8 million USD. Subsequent years saw further fluctuations, with volume dipping in 2023 before a partial recovery in 2024, while value surged by 41% in 2024 to 35.2 million USD, underscoring the ongoing price elevation.
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 kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 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, 2018-2024, K unit
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 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, K unit
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K unit
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K unit
- 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/unit
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/unit
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/unit
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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, K unit
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K unit
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K unit
- 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/unit
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/unit
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/unit
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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, K unit
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K unit
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K unit
- 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/unit
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/unit
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/unit
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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, K unit
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K unit
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K unit
- 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/unit
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/unit
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/unit
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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, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 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 men's woven jackets and blazers in Hungary
In value, 2018-2021, K $ US
Hungary's production of men's woven jackets and blazers has now declined for three consecutive years. In 2021, output was valued at 18 269 thousand US dollars, representing a 4.9% decrease compared to the previous year. Looking at the broader period from 2018 to 2021, production fell by 45.2%, which translates to an average annual decline of 18.2%.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.6%) | (29.2%) | (4.9%) | (18.2%) |
In kind, 2018-2021, K unit
Hungary's production of men's woven jackets and blazers has now declined for three consecutive years. In 2021, the country produced 392.0 thousand units, marking a sharp drop of 33.5% compared to the previous year. Over the period from 2018 to 2021, production decreased by 36.5%, averaging an annual decline of 14.0%.
Annual dynamics of production in Hungary in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.0%) | (2.5%) | (33.5%) | (14.0%) |
Exports men's woven jackets and blazers from Hungary
Exports in kind, K unit
Hungary's exports of men's woven jackets and blazers have now declined for three consecutive years. In 2021, export volume reached 150.6 thousand units, down 2.4% from the previous year. Between 2018 and 2021, exports fell by 40%, with a compound annual growth rate (CAGR) of -15.7%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (26.5%) | (16.4%) | (2.4%) | (15.7%) |
From 2018 to 2021, Austria, Italy, and Germany were the leading destinations for Hungary's exports of men's woven jackets and blazers in volume terms. Austria accounted for 23.8% of exports, Italy for 16.7%, and Germany for 14.9%. Together, these three countries represented 55.3% 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
Hungary's exports of men's woven jackets and blazers have now declined for three consecutive years. In 2021, export value stood at 5 594 thousand US dollars, a decrease of 19.1% compared to the previous year. Over the period from 2018 to 2021, exports dropped by 63.7%, with a compound annual growth rate (CAGR) of -28.7%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (25.4%) | (39.9%) | (19.1%) | (28.7%) |
From 2018 to 2021, Austria, Italy, and the United Kingdom were the top destinations for Hungary's exports of men's woven jackets and blazers in value terms. Austria accounted for 25.9% of exports, Italy for 18.2%, and the United Kingdom for 14.9%. Combined, these three countries absorbed 59.0% 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 men's woven jackets and blazers to Hungary
Imports in kind, K unit
Hungary's imports of men's woven jackets and blazers have now declined for three consecutive years. In 2021, import volume amounted to 671.2 thousand units, which is 1.9% lower than in 2020. Between 2018 and 2021, imports decreased by 16%, averaging an annual decline of 5.6%.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.9%) | (9.9%) | (1.9%) | (5.6%) |
From 2018 to 2021, there was no single dominant source for Hungary's imports of men's woven jackets and blazers in volume terms. China led with 12.8% of imports, followed by Poland at 10.9% and Czechia at 10.6%. Together, these three countries accounted for just 34.3% of total import flows, with many smaller partners holding modest individual 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
After two years of decline, Hungary's imports of men's woven jackets and blazers increased in 2021. The country imported a total of 14 096 thousand US dollars worth of these products, marking a solid gain of 16.0% year-over-year. Over the period from 2018 to 2021, imports decreased by 6.5%, with a compound annual growth rate (CAGR) of -2.2%. The lowest value was recorded in 2020 at 12 151 thousand US dollars, which also saw the largest decline of 17.2%.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.6%) | (17.2%) | 16.0% | (2.2%) |
From 2018 to 2021, Hungary's imports of men's woven jackets and blazers in value terms were spread across a wide range of partner countries. Germany was the largest source with 15.4% of imports, followed by Poland at 8.8% and Spain at 8.1%. Together, these three countries accounted for just 32.3% 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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