Hungary: Corrugated Paper Box Market 2025

Corrugated Paper Box Market Size in Hungary

The Hungarian corrugated paper box market soared to $X in 2022, increasing by 22% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Corrugated Paper Box Production in Hungary

In value terms, corrugated paper box production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Corrugated Paper Box Exports

Exports from Hungary

In 2022, exports of cartons, boxes and cases of corrugated paper or paperboard from Hungary declined to X tons, which is down by -6.5% against 2021 figures. In general, total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, corrugated paper box exports rose rapidly to $X in 2022. Over the period under review, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Slovakia (X tons) was the main destination for corrugated paper box exports from Hungary, with a 45% share of total exports. Moreover, corrugated paper box exports to Slovakia exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The third position in this ranking was held by Romania (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia totaled +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+12.6% per year) and Romania (+3.4% per year).

In value terms, Slovakia ($X) remains the key foreign market for cartons, boxes and cases of corrugated paper or paperboard exports from Hungary, comprising 36% of total exports. The second position in the ranking was held by Romania ($X), with a 13% share of total exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia stood at +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+5.0% per year) and the Netherlands (+17.7% per year).

Export Prices by Country

The average corrugated paper box export price stood at $X per ton in 2022, increasing by 16% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Croatia ($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 Poland (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into Hungary

In 2022, imports of cartons, boxes and cases of corrugated paper or paperboard into Hungary fell modestly to X tons, dropping by -3% on 2021. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2015 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 19%. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank modestly in the following year.

In value terms, corrugated paper box imports skyrocketed to $X in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.3% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X tons), Slovakia (X tons) and Germany (X tons) were the main suppliers of corrugated paper box imports to Hungary, together accounting for 50% of total imports. Poland, Romania, Croatia, the Czech Republic and Italy lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +21.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Slovakia ($X) were the largest corrugated paper box suppliers to Hungary, together accounting for 52% of total imports. Poland, Romania, the Czech Republic, Croatia and Italy lagged somewhat behind, together accounting for a further 36%.

Romania, with a CAGR of +21.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average corrugated paper box import price stood at $X per ton in 2022, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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