Men's woven overcoats and anoraks market in Hungary

Earlier Report Observations

The market for men's woven overcoats and anoraks in Hungary, measured in value, contracted sharply from USD 59 million in 2018 to USD 30 million in 2020. A partial recovery followed, raising the market size to USD 37 million in 2022, before another downturn brought it to USD 29 million by 2024, ending the period at less than half its initial level.

This overall decline was underpinned by a severe drop in domestic production, which fell from USD 20 million to USD 7 million. Imports, the dominant supply source, also decreased from USD 57 million to USD 46 million over the interval. Meanwhile, exports grew moderately from USD 18 million to USD 24 million, further reducing the net volume available on the domestic market.

Production men's woven overcoats and anoraks in Hungary

In value, 2018-2021, K $ US

After two consecutive years of decline, Hungary's production of men's woven overcoats and anoraks showed signs of recovery. In 2021, output reached 9 901 K $ US, marking a modest year-over-year increase of 1.9%. However, looking at the broader period from 2018 to 2021, production fell by 50.9%, which translates to an average annual decline of 21.1%. The lowest point was recorded in 2020 at 9 718 K $ US, while the sharpest drop occurred in 2019 with a 30.8% decrease.

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

Exports men's woven overcoats and anoraks from Hungary

Exports in kind, t

The export volumes of men's woven overcoats and anoraks from Hungary experienced significant fluctuations during this period. In 2021, shipments totaled 738 t, representing a sharp decline of 39.7% compared to the previous year. The lowest volume was recorded in 2019 at 466 t, while the peak occurred in 2020 with 1 224 t. This resulted in a 2.6-fold difference between the high and low points from 2019 to 2020. The most substantial increase was observed in 2020, when exports surged by 162.8%.

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

Between 2018 and 2021, Hungary's exports of men's woven overcoats and anoraks were distributed across a diverse range of destinations. The top three countries—Poland (23.0% of exports in kind), Italy (13.9%), and Romania (12.5%)—collectively accounted for 49.5% of total flows. The remaining 50.5% was spread among numerous other markets, indicating a highly fragmented export structure.

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 overcoats and anoraks in value terms grew for the third year in a row. In 2021, shipments amounted to 21 976 K $ US, up by 0.7% compared to 2020. Over the four-year span from 2018 to 2021, exports increased by 24.5%, equivalent to an average annual growth rate of 7.6%.

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

From 2018 to 2021, Germany (21.8% of exports in value terms), Italy (21.1%), and Romania (10.6%) were the leading buyers of men's woven overcoats and anoraks from Hungary. Together, these three countries represented 53.5% of total export value, dominating Hungary's trade in this category.

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 overcoats and anoraks to Hungary

Imports in kind, t

Hungary's imports of men's woven overcoats and anoraks in volume terms declined for the third consecutive year. In 2021, imports totaled 1 724 t, down by 5.4% from the previous year. Over the period from 2018 to 2021, imports fell by 63.7%, which corresponds to an average annual decrease of 28.6%.

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

Between 2018 and 2021, China (42.8% of imports in kind), Germany (9.2%), and Spain (9.0%) remained the primary suppliers of men's woven overcoats and anoraks to Hungary. These three countries jointly accounted for 61.0% of total import volumes, highlighting their significant role in Hungary's supply chain.

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

Following a two-year downturn, Hungary's imports of men's woven overcoats and anoraks in value terms rebounded in 2021. Imports reached 44 068 K $ US, increasing by 3.6% compared to 2020. However, over the broader period from 2018 to 2021, imports decreased by 22.3%, averaging an annual decline of 8.0%. The lowest value was recorded in 2020 at 42 529 K $ US, while the largest drop occurred in 2019 with a 14.7% decrease.

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

From 2018 to 2021, Hungary's imports of men's woven overcoats and anoraks in value terms were spread across a wide array of partner countries. The top three suppliers—China (20.5% of imports in value terms), Germany (15.7%), and Spain (11.5%)—collectively represented 47.7% of total flows, indicating a relatively diversified import structure with no single dominant source.

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

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