Hungary: Sulphite Wood Pulp Market 2025

Sulphite Wood Pulp Market Size in Hungary

The Hungarian sulphite wood pulp market contracted to $X in 2021, falling by -9.1% against the previous year. Overall, consumption recorded a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Sulphite Wood Pulp Production in Hungary

In value terms, sulphite wood pulp production contracted to $X in 2021 estimated in export price. Overall, production saw a noticeable reduction. The growth pace was the most rapid in 2020 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Sulphite Wood Pulp Exports

Exports from Hungary

Sulphite wood pulp exports from Hungary soared to X tons in 2021, rising by 24% against the previous year's figure. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 3,842% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, sulphite wood pulp exports surged to $X in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2013 with an increase of 2,553% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Serbia (X tons) was the main destination for sulphite wood pulp exports from Hungary, with a 78% share of total exports. Moreover, sulphite wood pulp exports to Serbia exceeded the volume sent to the second major destination, Moldova (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia amounted to +113.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+26.0% per year) and Slovakia (+41.8% per year).

In value terms, Serbia ($X) remains the key foreign market for chemical wood pulp (sulphite, other than dissolving grades) exports from Hungary, comprising 79% of total exports. The second position in the ranking was taken by Moldova ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Serbia stood at +96.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+28.3% per year) and Slovakia (+49.1% per year).

Export Prices by Country

In 2021, the average sulphite wood pulp export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 438%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+74.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wood Pulp Imports

Imports into Hungary

In 2021, overseas purchases of chemical wood pulp (sulphite, other than dissolving grades) decreased by -22.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 20%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, sulphite wood pulp imports shrank markedly to $X in 2021. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 24% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons) and Austria (X tons) were the main suppliers of sulphite wood pulp imports to Hungary.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -6.6%).

In value terms, Germany ($X) and Austria ($X) were the largest sulphite wood pulp suppliers to Hungary.

Among the main suppliers, Germany, with a CAGR of -7.3%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average sulphite wood pulp import price stood at $X per ton in 2021, rising by 4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 8.1%. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.0%).

Source: IndexBox Platform

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