Hungary: Paper Articles Market 2024

Paper Articles Market Size in Hungary

The Hungarian paper articles market rose modestly to $X in 2022, with an increase of X% against the previous year. Overall, consumption enjoyed a temperate expansion. Paper articles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paper Articles Production in Hungary

In value terms, paper articles production reached $X in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Paper articles production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Paper Articles Exports

Exports from Hungary

In 2022, the amount of boxes, pouches, wallets and writing compendiums of paper exported from Hungary skyrocketed to X tons, picking up by X% against 2021. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, paper articles exports soared to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Austria (X tons) and Slovakia (X tons) were the main destinations of paper articles exports from Hungary, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper articles exported from Hungary were Germany ($X), Slovakia ($X) and Austria ($X), together comprising X% of total exports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper articles export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced a decline.

Paper Articles Imports

Imports into Hungary

In 2022, overseas purchases of boxes, pouches, wallets and writing compendiums of paper decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper articles imports plummeted to $X in 2022. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Slovakia (X tons) and Germany (X tons) were the main suppliers of paper articles imports to Hungary, together accounting for X% of total imports. Austria, France, Slovenia, Poland, the Netherlands, the Czech Republic and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper articles suppliers to Hungary were France ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Slovakia, the Netherlands, Austria, Slovenia, Poland, the Czech Republic and Romania lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average paper articles import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw a buoyant expansion. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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