Wool Market Overview in Hungary
The size of the wool market in Hungary fell sharply to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt descent. The growth pace was the most rapid in 2010 when the market value increased by % against the previous year. Wool consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.