Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary - 2023

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary (CIF) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary (FOB) - 2022
  3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary
  4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary (CIF) - 2022

The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $292 per unit in 2022, with a decrease of -64.7% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 an increase of 499%. The import price peaked at $10,825 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($657 per unit), while the price for China amounted to $177 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.9%), while the prices for the other major suppliers experienced a decline.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary (FOB) - 2022

In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $7,585 per unit, jumping by 1,830% against the previous year. Overall, the export price, however, saw a deep downturn. The export price peaked at $174,503 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($15,200 per unit), while the average price for exports to Canada ($5.1 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 Kazakhstan (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary

In 2022, approx. 1K units of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were imported into Hungary; which is down by -95.8% compared with the previous year's figure. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 89,896% against the previous year. As a result, imports reached the peak of 24K units, and then contracted significantly in the following year.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses contracted remarkably to $298K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 209,834%. As a result, imports reached the peak of $20M, and then fell sharply in the following year.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A0.20%
ItalyN/AN/A19.6N/A0%
Others0.1N/A0.50.10.0%
Total0.1N/A20.10.344.2%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Hungary in 2022:

  1. China (985.0 units)
  2. Italy (12.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary

In 2022, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Hungary soared to 33 units, jumping by 175% on the year before. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $250K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A2430%
ItalyN/AN/AN/A5.50%
UkraineN/AN/A4.71.1-76.6%
Serbia0.3N/AN/A0.518.6%
KazakhstanN/AN/AN/A0.10%
RussiaN/AN/AN/AN/A0%
GermanyN/A1.8N/AN/A0%
China89.7N/AN/AN/A0%
CanadaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total90.01.84.725040.6%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Hungary in 2022:

  1. India (16.0 units)
  2. Canada (7.0 units)
  3. Italy (4.0 units)
  4. Ukraine (3.0 units)
  5. Serbia (1.0 units)
  6. Kazakhstan (1.0 units)
  7. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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