The market for men's or boys' shorts made of cotton or man-made fibers, not knitted or crocheted, in Hungary reached a value of 17.766 million Euros in 2023. Over the last two years, the market showed gradual recovery with a year-on-year increase of 5.82% in 2023, following 6.29% in 2022. However, this recovery came after a period of decline from 2018 to 2021. The compound annual growth rate (CAGR) from 2018 to 2023 was 0.64%, indicating modest growth.
Future Trends to Watch:
- Potential increase in demand driven by economic recovery post-COVID-19.
- Rising consumer preference for sustainable and eco-friendly textiles.
- Technological advancements in textiles could impact manufacturing and cost.
- Possible market fluctuations linked to changes in trade policies or supply chain dynamics.
How does Hungary rank in Men's or Boys' Shorts of Cotton or Man-Made Fibres of Textile Fabrics Not Knitted or Crocheted Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 315,560,000 | 2023 | +5.87% | +1.86% | View data |
| 2 | 2 United Kingdom | 291,190,000 | 2023 | +2.29% | +4.24% | View data |
| 3 | 3 France | 244,190,000 | 2023 | +5.28% | +1.06% | View data |
| 4 | 4 Spain | 108,730,000 | 2023 | +1.05% | +0.1% | View data |
| 5 | 5 Italy | 102,100,000 | 2023 | -1.57% | +0.76% | View data |
| 6 | 6 Austria | 87,251,000 | 2023 | +4.63% | +4.84% | View data |
| 7 | 7 Portugal | 30,376,000 | 2023 | +2.27% | +1.89% | View data |
| 8 | 8 Hungary | 17,766,000 | 2023 | +5.82% | +0.64% | |
| 9 | 9 Croatia | 12,827,000 | 2023 | +5.21% | +1.32% | View data |
| 10 | 10 Finland | 12,487,000 | 2023 | +0.75% | -0.54% | View data |