Hungary: Folding Boxboard Market 2025

Folding Boxboard Market Size in Hungary

After two years of decline, the Hungarian folding boxboard market increased by 90% to $X in 2021. In general, consumption posted a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Folding Boxboard Production in Hungary

In value terms, folding boxboard production stood at $X in 2021 estimated in export price. In general, production recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Folding Boxboard Exports

Exports from Hungary

After two years of growth, shipments abroad of folding boxboard decreased by -2.7% to X tons in 2021. Over the period under review, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +42.8% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of 39% against the previous year. The exports peaked at X tons in 2020, and then contracted in the following year.

In value terms, folding boxboard exports stood at $X in 2021. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of 11%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for folding boxboard exports from Hungary, accounting for a 34% share of total exports. Moreover, folding boxboard exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +524.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+91.5% per year) and Poland (+4.5% per year).

In value terms, Poland ($X), Russia ($X) and Germany ($X) appeared to be the largest markets for folding boxboard exported from Hungary worldwide, with a combined 45% share of total exports.

Russia, with a CAGR of +398.9%, 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 2021, the average folding boxboard export price amounted to $X per ton, surging by 7.2% against the previous year. In general, the export price, however, recorded a abrupt slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Russia ($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 Romania (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Folding Boxboard Imports

Imports into Hungary

In 2021, folding boxboard imports into Hungary surged to X tons, picking up by 36% against the previous year's figure. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.5% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, folding boxboard imports surged to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X tons), Finland (X tons) and Austria (X tons) were the main suppliers of folding boxboard imports to Hungary, together accounting for 56% of total imports. These countries were followed by Germany, Slovenia, Serbia, Poland, Italy and France, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +28.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Austria ($X) were the largest folding boxboard suppliers to Hungary, together accounting for 50% of total imports. Germany, Serbia, Slovenia, Poland, Italy and France lagged somewhat behind, together comprising a further 40%.

Slovenia, with a CAGR of +30.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average folding boxboard import price amounted to $X per ton, increasing by 3.4% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2018 when the average import price increased by 6.4%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Serbia ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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