The Polyamide and Polyester High Tenacity Filament Yarn market in Hungary has experienced fluctuations in volume over the past decade, with a value standing at 10.982 million kilograms in 2023. Significant year-on-year changes include a 20.96% increase from 2020 to 2021, reflecting a recovery phase, followed by a stabilization phase with marginal increases of 0.38% in 2022 and 0.37% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years is 1.25%, indicating moderate growth across the period.
Future trends to watch for:
- Innovations in high-performance and sustainable materials driving demand.
- Economic recovery and supply chain stabilization post-COVID disruptions.
- Potential market expansion within Eastern Europe, increasing regional competitiveness.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62,387,000 | 2023 | +4.06% | +3.89% | View data |
| 2 | 2 Portugal | 32,150,000 | 2023 | +0.88% | +0.7% | View data |
| 3 | 3 Germany | 25,834,000 | 2023 | -0.92% | -1.91% | View data |
| 4 | 4 Hungary | 10,982,000 | 2023 | +0.37% | +1.25% | |
| 5 | 5 Lithuania | 2,351,500 | 2023 | +3.79% | +4.02% | View data |
