Hungary: Market for Household and Sanitary Articles of Paper 2024

Market Size for Household and Sanitary Articles of Paper in Hungary

In 2022, the Hungarian market for household and sanitary articles of paper decreased by X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption saw a deep downturn. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Household and Sanitary Articles of Paper in Hungary

In value terms, production of household and sanitary articles of paper shrank markedly to $X in 2022 estimated in export price. In general, production recorded a significant curtailment. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Household and Sanitary Articles of Paper

Exports from Hungary

In 2022, shipments abroad of household and sanitary articles of paper increased by X% to X tons, rising for the fifth consecutive year after five years of decline. In general, exports posted a slight expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of household and sanitary articles of paper surged to $X in 2022. Overall, exports saw notable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons), Romania (X tons) and the Czech Republic (X tons) were the main destinations of exports of household and sanitary articles of paper from Hungary, together accounting for X% of total exports. Denmark, Slovakia, Norway, Germany, Austria, Serbia, Finland, Bulgaria, Italy and Croatia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Romania ($X) and Germany ($X) constituted the largest markets for household and sanitary articles of paper exported from Hungary worldwide, together accounting for X% of total exports. The Czech Republic, Norway, Slovakia, Denmark, Austria, Serbia, Italy, Finland, Bulgaria and Croatia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Finland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for household and sanitary articles of paper stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

Imports of Household and Sanitary Articles of Paper

Imports into Hungary

In 2022, supplies from abroad of household and sanitary articles of paper increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, imports posted a tangible increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of household and sanitary articles of paper soared to $X in 2022. In general, total imports indicated a resilient expansion 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Germany (X tons) and Slovakia (X tons) were the main suppliers of imports of household and sanitary articles of paper to Hungary, with a combined X% share of total imports. Italy, Poland, Serbia, Ukraine, France and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest household and sanitary articles of paper suppliers to Hungary were Germany ($X), Austria ($X) and Slovakia ($X), together comprising X% of total imports. Italy, Poland, Serbia, Ukraine, France and Romania lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Ukraine, with a CAGR of X%, saw 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 import price for household and sanitary articles of paper stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price posted a slight increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and France ($X per ton), while the price for Romania ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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