Earlier Report Observations
The Hungarian sleeping bag market volume expanded strongly from 2018 to 2022, rising from 96.2 thousand units to 261.1 thousand units. Growth was particularly sharp in 2021 and 2022, with annual increases of 70% and 43% respectively, following more moderate growth in the preceding years.
This market expansion was driven by a substantial rise in imports, which grew from 128.5 thousand units to 283.6 thousand units over the period. Domestic production, however, declined from 23.8 thousand units to 13.0 thousand units, indicating a shifting supply structure towards imported goods.
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, 2018-2022
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2022
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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, 2018-2022, unit
- 5.1.2. In value, 2018-2022, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, 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 sleeping bags in Hungary
In value, 2018-2021, K $ US
Hungary's sleeping bag production value declined for the second consecutive year. In 2021, output was valued at 563.6 K $ US, marking a substantial 14.4% decrease compared to the previous year. Production fell by 22% between 2018 and 2021, equating to an annualized rate of 7.9%. The highest value was recorded in 2019 at 762.6 K $ US, which also saw the largest annual increase of 5.6%.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.6% | (13.7%) | (14.4%) | (7.9%) |
In kind, 2018-2021, unit
Hungary's sleeping bag production volume declined for the third consecutive year. In 2021, 12 132 units were produced, corresponding to a 33.0% decrease compared to 2020. Over the period from 2018 to 2021, production dropped by 49.1%, with a compound annual growth rate of 20.2%.
Annual dynamics of production in Hungary in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.5%) | (22.1%) | (33.0%) | (20.2%) |
Exports sleeping bags from Hungary
Exports in kind, K unit
After a two-year decrease, sleeping bag exports from Hungary increased in 2021. The country exported 46.0 K units, representing a strong 22.8% rise compared to 2020. However, between 2018 and 2021, exports overall decreased by 18.1%, equating to an annualized rate of 6.4%. The lowest volume was recorded in 2020 at 37.5 K units, following the largest decline of 26.4% in 2019.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (26.4%) | (9.4%) | 22.8% | (6.4%) |
From 2018 to 2021, Sweden, Slovakia, and Austria were the main destinations for Hungary's sleeping bag exports in kind. Sweden accounted for 42.1% of exports, Slovakia for 24.3%, and Austria for 20.1%, together absorbing 86.5% of total exports.
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
After a two-year decline, Hungary's sleeping bag export value increased in 2021. Exports amounted to 1 151 K $ US, constituting a 22.3% rise compared to 2020. Over the period from 2018 to 2021, exports decreased by 8.1%, equating to an annualized rate of 2.8%. The lowest value was recorded in 2020 at 941 K $ US, following the largest decline of 19.7% in 2019.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (19.7%) | (6.5%) | 22.3% | (2.8%) |
Between 2018 and 2021, Sweden and Austria dominated Hungary's sleeping bag exports in value terms, accounting together for 81.5% of total flows. Other destinations contributed smaller individual shares.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports sleeping bags to Hungary
Imports in kind, K unit
Hungary's sleeping bag imports in kind showed noticeable fluctuations from 2018 to 2021. The volume reached a low point in 2019 at 119.5 K units, with the largest decline of 7.0% that year, and peaked in 2021 at 216.8 K units, which was 70.7% higher than in 2020. Overall, the period saw a 1.8-fold fluctuation between the peak and trough.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.0%) | 6.4% | 70.7% | 19.0% |
From 2018 to 2021, the leading sources for Hungary's sleeping bag imports in kind were China, Spain, and France. China accounted for 33.8% of imports, Spain for 12.7%, and France for 12.1%, jointly making up 58.7% 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
Hungary's sleeping bag import value displayed volatility from 2018 to 2021. The value fell to a trough in 2020 at 1 275 K $ US, with the largest decline of 2.1% that year, and peaked in 2021 at 2 305 K $ US, representing an 80.7% uptick compared to 2020. The period showed a top-to-bottom ratio of 1.8 times.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.4% | (2.1%) | 80.7% | 21.1% |
Throughout 2018 to 2021, China, Spain, and France remained key partners for Hungary's sleeping bag imports in value terms. China accounted for 18.4% of imports, Spain for 16.9%, and France for 16.1%, together comprising 51.4% of total 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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