Hungary: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in Hungary

The Hungarian calendering cylinder market surged to $X in 2021, growing by 17% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.9% against 2019 indices. Calendering cylinder consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Calendering Cylinder Production in Hungary

In value terms, calendering cylinder production skyrocketed to $X in 2021 estimated in export price. Overall, production enjoyed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 52% against the previous year. Calendering cylinder production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Calendering Cylinder Exports

Exports from Hungary

In 2021, shipments abroad of cylinders for calendering increased by 597% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 1,034% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, calendering cylinder exports surged to $X in 2021. Overall, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 801% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for calendering cylinder exports from Hungary, with a 77% share of total exports. Moreover, calendering cylinder exports to Germany exceeded the volume sent to the second major destination, Ukraine (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+104.8% per year) and Romania (+13.2% per year).

In value terms, Germany ($X) emerged as the key foreign market for cylinders for calendering exports from Hungary, comprising 73% of total exports. The second position in the ranking was taken by Ukraine ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+79.9% per year) and Romania (+11.3% per year).

Export Prices by Country

In 2021, the average calendering cylinder export price amounted to $X per unit, declining by -5.9% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 133% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Romania ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+24.6%), while the prices for the other major destinations experienced mixed trend patterns.

Calendering Cylinder Imports

Imports into Hungary

In 2021, overseas purchases of cylinders for calendering were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 632% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, calendering cylinder imports surged to $X in 2021. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 411%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Korea (X units) constituted the largest supplier of calendering cylinder to Hungary, accounting for a 57% share of total imports. Moreover, calendering cylinder imports from South Korea exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Spain (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled +73.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.8% per year) and Spain (+34.1% per year).

In value terms, the largest calendering cylinder suppliers to Hungary were Germany ($X), South Korea ($X) and Austria ($X), together comprising 80% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +73.7%, 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

The average calendering cylinder import price stood at $X per unit in 2021, with an increase of 26% against the previous year. Over the period under review, the import price showed a modest expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 84%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :