Hungary: Linoleum Market 2024

Linoleum Market Size in Hungary

In 2021, after three years of growth, there was significant decline in the Hungarian linoleum market, when its value decreased by -17.3% to $X. In general, consumption saw a abrupt decrease. Linoleum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Linoleum Production in Hungary

In value terms, linoleum production declined to $X in 2021 estimated in export price. Overall, production faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 63%. Linoleum production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Linoleum Exports

Exports from Hungary

After three years of growth, shipments abroad of linoleum decreased by -21% to X square meters in 2021. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 5,839% against the previous year. The exports peaked at X square meters in 2020, and then contracted markedly in the following year.

In value terms, linoleum exports contracted to $X in 2021. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 1,285% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then dropped in the following year.

Exports by Country

Slovakia (X square meters), Croatia (X square meters) and Romania (X square meters) were the main destinations of linoleum exports from Hungary, together comprising 88% of total exports. Bulgaria, Slovenia and Spain lagged somewhat behind, together accounting for a further 7.9%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +762.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Croatia ($X) and Slovakia ($X) appeared to be the largest markets for linoleum exported from Hungary worldwide, together accounting for 74% of total exports. These countries were followed by Bulgaria, Slovenia and Spain, which together accounted for a further 17%.

Spain, with a CAGR of +429.0%, recorded the highest growth rate of the value of exports, in terms of 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 linoleum export price amounted to $X per square meter, with an increase of 22% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 155% against the previous year. Over the period under review, the average export prices reached the maximum at $X per square meter in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bulgaria ($X per square meter), while the average price for exports to Slovakia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+95.2%), while the prices for the other major destinations experienced more modest paces of growth.

Linoleum Imports

Imports into Hungary

In 2021, approx. X square meters of linoleum were imported into Hungary; waning by -34.5% on the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 120% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, linoleum imports totaled $X in 2021. Overall, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2015 with an increase of 50%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Poland (X square meters) constituted the largest supplier of linoleum to Hungary, accounting for a 69% share of total imports. Moreover, linoleum imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X square meters), fourfold. Slovakia (X square meters) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-5.8% per year) and Slovakia (+68.3% per year).

In value terms, the largest linoleum suppliers to Hungary were the Czech Republic ($X), Poland ($X) and Slovakia ($X), with a combined 94% share of total imports.

Slovakia, with a CAGR of +63.1%, saw the highest growth rate of the value of imports, among 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 linoleum import price amounted to $X per square meter, with an increase of 53% against the previous year. Overall, the import price, however, showed a mild decline. The growth pace was the most rapid in 2013 when the average import price increased by 58% against the previous year. The import price peaked at $X per square meter in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per square meter), while the price for Ukraine ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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