Hungary - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Fabrics Price in Hungary - 2021
Contents:
- Glass Fibre Fabrics Price in Hungary (CIF) - 2021
- Glass Fibre Fabrics Price in Hungary (FOB) - 2021
- Glass Fibre Fabrics Imports in Hungary
- Glass Fibre Fabrics Exports in Hungary
Glass Fibre Fabrics Price in Hungary (CIF) - 2021
In November 2021, the average glass fibre fabrics import price amounted to $3,955 per ton, reducing by -3.3% against the previous month. Over the period from November 2020 to November 2021, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in December 2020 an increase of 24% m-o-m. As a result, import price attained the peak level of $4,204 per ton. From January 2021 to November 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($11,786 per ton), while the price for Serbia ($2,704 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Fabrics Price in Hungary (FOB) - 2021
In November 2021, the average glass fibre fabrics export price amounted to $3,092 per ton, picking up by 5.6% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2021 when the average export price increased by 7.6% m-o-m. The export price peaked at $3,119 per ton in September 2021; afterwards, it flattened through to November 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($3,690 per ton), while the average price for exports to Turkey ($1,788 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Fabrics Imports in Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of glass fibre fabrics, when their volume decreased by -14.5% to 13K tons. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 15K tons, and then contracted in the following year.
In value terms, glass fibre fabrics imports declined sharply to $45M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports attained the peak of $55M, and then contracted dramatically in the following year.
| Import of Glass Fibre Fabrics in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 12.5 | 13.7 | 21.2 | 17.1 | 11.0% |
| Italy | 2.7 | 6.4 | 11.6 | 9.5 | 52.1% |
| Czech Republic | 6.5 | 6.5 | 9.7 | 7.8 | 6.3% |
| Germany | 1.8 | 2.2 | 2.4 | 2.1 | 5.3% |
| Spain | 0.2 | 0.3 | 1.9 | 1.6 | 100.0% |
| Poland | 0.3 | 0.4 | 0.8 | 0.8 | 38.7% |
| Slovakia | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
| Croatia | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Others | 3.9 | 4.9 | 6.0 | 5.0 | 8.6% |
| Total | 28.5 | 34.8 | 54.6 | 44.7 | 16.2% |
Top Suppliers of Glass Fibre Fabrics to Hungary in 2022:
- Serbia (7.3K tons)
- Czech Republic (2.8K tons)
- Italy (0.9K tons)
- Poland (0.4K tons)
- Spain (0.3K tons)
- Slovakia (0.2K tons)
- Croatia (0.2K tons)
- Germany (0.2K tons)
Glass Fibre Fabrics Exports in Hungary
In 2022, shipments abroad of glass fibre fabrics decreased by -17.8% to 15K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of 18K tons, and then declined sharply in the following year.
In value terms, glass fibre fabrics exports dropped significantly to $44M in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $54M, and then contracted notably in the following year.
| Export of Glass Fibre Fabrics in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.9 | 12.9 | 18.9 | 16.3 | 11.1% |
| Italy | 5.4 | 6.7 | 13.4 | 10.3 | 24.0% |
| Turkey | 0.7 | 0.8 | 1.7 | 4.5 | 85.9% |
| Austria | 1.6 | 1.9 | 2.7 | 2.2 | 11.2% |
| Greece | 1.2 | 1.2 | 2.0 | 1.5 | 7.7% |
| Czech Republic | 0.9 | 0.6 | 1.4 | 1.2 | 10.1% |
| Slovakia | 0.4 | 0.5 | 0.9 | 1.0 | 35.7% |
| Portugal | 0.1 | 1.8 | 2.8 | 0.7 | 91.3% |
| Poland | 1.0 | 1.5 | 2.2 | 0.7 | -11.2% |
| Others | 3.8 | 5.9 | 8.5 | 5.6 | 13.8% |
| Total | 27.0 | 33.7 | 54.4 | 44.1 | 17.8% |
Top Export Markets for Glass Fibre Fabrics from Hungary in 2022:
- Germany (5.1K tons)
- Italy (3.5K tons)
- Turkey (2.1K tons)
- Austria (0.7K tons)
- Greece (0.5K tons)
- Czech Republic (0.4K tons)
- Portugal (0.3K tons)
- Slovakia (0.3K tons)
- Poland (0.2K tons)
This report provides an in-depth analysis of the glass fibre fabrics market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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