Hungary: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Hungary

The Hungarian market for cellular plates, sheets, film, foil and strip of plastics soared to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a noticeable slump. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Hungary

In value terms, production of cellular plates, sheets, film, foil and strip of plastics rose markedly to $X in 2022 estimated in export price. Overall, the total production indicated prominent 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Production of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Hungary

In 2022, after ten years of growth, there was significant decline in shipments abroad of cellular plates, sheets, film, foil and strip of plastics, when their volume decreased by X% to X tons. In general, total exports indicated a resilient increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2021, and then fell sharply in the following year.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics declined dramatically to $X in 2022. Overall, exports, however, posted a prominent increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Slovakia (X tons), Austria (X tons) and Romania (X tons) were the main destinations of exports of cellular plates, sheets, film, foil and strip of plastics from Hungary, together comprising X% of total exports. Italy, Croatia, Germany, the Czech Republic, Poland, Serbia, France, Bosnia and Herzegovina, Slovenia and Ukraine lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for cellular plates, sheets, film, foil and strip of plastics exported from Hungary were Slovakia ($X), Austria ($X) and Germany ($X), together accounting for X% of total exports. Romania, Italy, France, the Czech Republic, Croatia, Poland, Serbia, Bosnia and Herzegovina, Slovenia and Ukraine lagged somewhat behind, together accounting for a further X%.

Bosnia and Herzegovina, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average export price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 France ($X per ton), while the average price for exports to Croatia ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Hungary

Imports of cellular plates, sheets, film, foil and strip of plastics into Hungary reached X tons in 2022, picking up by X% compared with the previous year. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics expanded modestly to $X in 2022. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Poland (X tons), Serbia (X tons) and South Korea (X tons) were the main suppliers of imports of cellular plates, sheets, film, foil and strip of plastics to Hungary, together comprising X% of total imports.

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

In value terms, South Korea ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to Hungary, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average import price for cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell slightly in the following year.

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

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

Source: IndexBox Platform