Report Update Apr 1, 2024

Hungary - Silk Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Silk Yarn Market 2021

Silk Yarn Market Size in Hungary

In 2019, the Hungarian silk yarn market decreased by -X% to $X, falling for the eleventh year in a row after two years of growth. Over the period under review, consumption recorded a abrupt downturn. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2009 to 2019, the growth of the market failed to regain the momentum.

Silk Yarn Production in Hungary

In value terms, silk yarn production reduced to $X in 2019 estimated in export prices. Over the period under review, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

Silk Yarn Exports

Exports from Hungary

In 2019, the amount of silk yarn exported from Hungary reduced markedly to X kg, declining by -X% on the previous year. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of X kg. From 2009 to 2019, the growth exports failed to regain the momentum.

In value terms, silk yarn exports plummeted to $X in 2019. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Italy (X kg) was the main destination for silk yarn exports from Hungary, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Italy amounted to -X%.

From 2007 to 2019, the average annual rate of growth in terms of value to Italy stood at -X%.

Export Prices by Country

In 2019, the average silk yarn export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2009; however, from 2010 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2007 to 2019, the rate of growth in terms of prices for Italy amounted to -X% per year.

Silk Yarn Imports

Imports into Hungary

In 2019, the amount of silk yarn imported into Hungary contracted to X kg, approximately reflecting 2018 figures. Overall, imports saw a mild setback. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. From 2010 to 2019, the growth imports remained at a lower figure.

In value terms, silk yarn imports expanded notably to $X in 2019. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2010 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Italy (X kg) constituted the largest silk yarn supplier to Hungary, accounting for a X% share of total imports. Moreover, silk yarn imports from Italy exceeded the figures recorded by the second-largest supplier, China (X kg), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Italy stood at -X%.

In value terms, Italy ($X) constituted the largest supplier of silk yarn to Hungary, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Italy totaled -X%.

Import Prices by Country

The average silk yarn import price stood at $X per ton in 2019, surging by X% against the previous year. Overall, the import price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per ton), while the price for China amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy.

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Frequently Asked Questions (FAQ) :

What are the largest markets for silk yarn in the world?

The countries with the highest volumes of silk yarn consumption in 2019 were China, the U.S. and India, together comprising 32% of global consumption. Japan, Russia, Germany, Pakistan, Brazil, Bangladesh, the UK, Indonesia, Nigeria and Mexico lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of silk yarn in the world?

The countries with the highest volumes of silk yarn production in 2019 were China, the U.S. and India, with a combined 32% share of global production. These countries were followed by Japan, Russia, Germany, Brazil, Pakistan, Bangladesh, Nigeria, Indonesia, the UK and Mexico, which together accounted for a further 25%.

What are the leading suppliers of silk yarn to Hungary?

In value terms, Italy constituted the largest supplier of silk yarn to Hungary, comprising 98% of total imports. The second position in the ranking was occupied by China $294), with a 1.5% share of total imports.

What is the average export price for silk yarn in Hungary?

The average silk yarn export price stood at $6,515 per ton in 2019, declining by -19.6% against the previous year.

What is the average import price for silk yarn in Hungary?

In 2019, the average silk yarn import price amounted to $24,053 per ton, picking up by 9.2% against the previous year.

This report provides an in-depth analysis of the silk yarn 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 2025.

Product coverage:

Prodcom 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)

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