Report Update: Apr 1, 2024

Hungary - Blankets And Travelling Rugs Of Synthetic Fibres - Market Analysis, Forecast, Size, Trends And Insights

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Price for Travelling Rugs of Synthetic Fibre in Hungary - 2023

Price for Travelling Rugs of Synthetic Fibre in Hungary (CIF) - 2022

In 2022, the average import price for blankets and travelling rugs of synthetic fibres amounted to $5.4 per unit, with an increase of 46% against the previous year. In general, the import price, however, recorded a pronounced setback. Over the period under review, average import prices attained the maximum at $8.1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($8.4 per unit), while the price for Bulgaria ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Travelling Rugs of Synthetic Fibre in Hungary (FOB) - 2023

In August 2023, the average export price for blankets and travelling rugs of synthetic fibres amounted to $4.9 per unit, falling by -18.6% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 49% m-o-m. As a result, the export price reached the peak level of $6.0 per unit, and then fell markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($10.1 per unit), while the average price for exports to Ukraine ($3.6 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Travelling Rugs of Synthetic Fibre in Hungary

For the fourth consecutive year, Hungary recorded growth in overseas purchases of blankets and travelling rugs of synthetic fibres, which increased by 3% to 3.7M units in 2022. The total import volume increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, travelling rugs of synthetic fibre imports skyrocketed to $20M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Travelling Rugs of Synthetic Fibre in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.6	1.1	3.5	11.3	91.9%
Poland	5.3	6.1	4.5	2.5	-22.2%
Germany	1.0	1.1	1.2	1.5	14.5%
Slovakia	0.7	1.1	1.2	1.1	16.3%
Pakistan	N/A	N/A	N/A	0.5	0%
Hong Kong SAR	0.3	N/A	0.2	0.5	18.6%
Austria	0.5	0.4	0.3	0.4	-7.2%
Bulgaria	N/A	0.3	0.6	0.3	0.0%
Others	1.2	1.6	1.8	2.1	20.5%
Total	10.6	11.8	13.3	20.1	23.8%

Top Suppliers of Travelling Rugs of Synthetic Fibre to Hungary in 2022:

China (1714.7K units)
Poland (621.3K units)
Slovakia (370.0K units)
Germany (255.7K units)
Bulgaria (219.5K units)
Pakistan (110.0K units)
Hong Kong SAR (77.7K units)
Austria (46.2K units)

Exports of Travelling Rugs of Synthetic Fibre in Hungary

In 2022, the amount of blankets and travelling rugs of synthetic fibres exported from Hungary totaled 3.3M units, growing by 13% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 167% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, travelling rugs of synthetic fibre exports skyrocketed to $12M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 113%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Travelling Rugs of Synthetic Fibre in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	369	448	3,074	3,894	119.3%
Slovakia	429	1,664	1,737	1,910	64.5%
Croatia	691	1,428	1,179	1,041	14.6%
Bulgaria	242	893	686	971	58.9%
Spain	46.0	8.2	149	837	163.0%
Italy	30.0	69.5	552	808	199.8%
Austria	31.2	81.3	158	426	139.0%
Germany	291	206	277	357	7.1%
Slovenia	225	468	319	306	10.8%
Czech Republic	163	215	449	182	3.7%
Others	339	609	1,002	1,469	63.0%
Total	2,855	6,090	9,583	12,200	62.3%

Top Export Markets for Travelling Rugs of Synthetic Fibre from Hungary in 2022:

Romania (1200.7K units)
Slovakia (460.1K units)
Croatia (332.8K units)
Bulgaria (306.1K units)
Italy (245.8K units)
Spain (243.8K units)
Austria (135.0K units)
Slovenia (90.7K units)
Germany (48.3K units)
Czech Republic (28.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre 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 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023