Hungary - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuggage Price in Hungary - 2023
Contents:
- Luggage Price in Hungary (CIF) - 2023
- Luggage Price in Hungary (FOB) - 2022
- Luggage Imports in Hungary
- Luggage Exports in Hungary
Luggage Price in Hungary (CIF) - 2023
The average luggage import price stood at $14.5 per unit in July 2023, waning by -3.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in December 2022 an increase of 44% month-to-month. Over the period under review, average import prices reached the maximum at $15.1 per unit in June 2023, and then declined slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Vietnam ($35.6 per unit), while the price for China ($7.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Luggage Price in Hungary (FOB) - 2022
In 2022, the average luggage export price amounted to $15 per unit, picking up by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2020 an increase of 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $19 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($33 per unit), while the average price for exports to Iraq ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Luggage Imports in Hungary
In 2022, luggage imports into Hungary fell to 9.2M units, which is down by -9.1% on the year before. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, imports attained the peak figure at 13M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, luggage imports rose slightly to $85M in 2022. Over the period under review, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Imports peaked at $94M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Luggage in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 18.3 | 19.3 | 25.8 | 18.6 | 0.5% |
China | 31.8 | 10.1 | 9.7 | 17.1 | -18.7% |
Poland | 11.2 | 10.3 | 18.6 | 14.0 | 7.7% |
Italy | 2.2 | 1.3 | 1.8 | 4.9 | 30.6% |
Belgium | 2.7 | 1.4 | 1.8 | 4.1 | 14.9% |
Slovakia | 3.9 | 4.1 | 4.0 | 3.6 | -2.6% |
Spain | 2.5 | 1.8 | 1.7 | 1.7 | -12.1% |
Others | 21.0 | 16.9 | 19.4 | 21.1 | 0.2% |
Total | 93.6 | 65.1 | 82.8 | 85.0 | -3.2% |
Top Suppliers of Luggage to Hungary in 2022:
- Germany (3.4M units)
- China (2.6M units)
- Poland (1.3M units)
- Slovakia (0.6M units)
- Italy (0.2M units)
- Belgium (0.2M units)
- Spain (0.2M units)
Luggage Exports in Hungary
In 2022, the amount of luggage and handbags exported from Hungary surged to 5.1M units, jumping by 33% on the year before. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, the exports attained the maximum at 8.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, luggage exports soared to $74M in 2022. In general, exports, however, recorded a deep reduction. The exports peaked at $106M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Luggage in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 62.5 | 18.0 | 21.7 | 40.3 | -13.6% |
Australia | 4.3 | 1.5 | 0.1 | 4.1 | -1.6% |
Italy | 2.7 | 1.3 | 2.8 | 3.0 | 3.6% |
Germany | 2.9 | 1.3 | 1.6 | 2.8 | -1.2% |
Romania | 1.0 | 0.6 | 1.9 | 2.3 | 32.0% |
Poland | 0.5 | 1.1 | 1.5 | 2.1 | 61.3% |
Slovakia | 3.1 | 1.2 | 1.4 | 1.5 | -21.5% |
Czech Republic | 8.6 | 0.6 | 1.0 | 1.3 | -46.7% |
Serbia | 0.5 | 0.3 | 0.5 | 0.9 | 21.6% |
Croatia | 1.2 | 0.6 | 0.7 | 0.8 | -12.6% |
Austria | 0.4 | 1.8 | 0.6 | 0.6 | 14.5% |
Spain | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
Iraq | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
Others | 18.3 | 12.0 | 15.2 | 14.0 | -8.5% |
Total | 106 | 40.8 | 49.4 | 74.4 | -11.1% |
Top Export Markets for Luggage from Hungary in 2022:
- Belgium (1251.1K units)
- Germany (598.5K units)
- Romania (325.2K units)
- Slovakia (284.1K units)
- Iraq (239.3K units)
- Czech Republic (238.5K units)
- Italy (233.8K units)
- Poland (177.1K units)
- Serbia (154.7K units)
- Spain (139.7K units)
- Australia (124.3K units)
- Croatia (121.2K units)
- Austria (118.9K units)
This report provides an in-depth analysis of the luggage 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 15121210 - Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers of leather, composition leather, patent leather, plastics, textile materials, aluminium or other materials
- Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
- Prodcom 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)
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
This report provides an in-depth analysis of the luggage market in Hungary.
This report provides an in-depth analysis of the handbag market in Hungary.
This report provides an in-depth analysis of the global luggage market.
Global Suitcase Market Report 2018. This report provides an in-depth analysis of the global suitcase market.
This report provides an in-depth analysis of the global handbag market.
This report provides an in-depth analysis of the luggage market in Hungary.
This report provides an in-depth analysis of the handbag market in Hungary.
This report provides an in-depth analysis of the global luggage market.
Global Suitcase Market Report 2018. This report provides an in-depth analysis of the global suitcase market.
This report provides an in-depth analysis of the global handbag market.
Explore the top import markets for luggage and their key statistics. Discover the leading countries and their import values for 2022. Learn how IndexBox market intelligence platform can provide valuable insights.
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Explore the top import markets for handbags across the globe, including China, the United States, France, Italy, and more. Discover the key players in the global handbag industry.
The global handbag market revenue amounted to $X in 2017, growing by X% against the previous year. This figure reflects...
Explore the top import markets for luggage and their key statistics. Discover the leading countries and their import values for 2022. Learn how IndexBox market intelligence platform can provide valuable insights.
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Explore the top import markets for handbags across the globe, including China, the United States, France, Italy, and more. Discover the key players in the global handbag industry.
The global handbag market revenue amounted to $X in 2017, growing by X% against the previous year. This figure reflects...