Hungary: Cellulose Pulp Machinery Market 2025

Cellulose Pulp Machinery Market Size in Hungary

In 2022, the Hungarian cellulose pulp machinery market decreased by 0% to less than $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, saw a noticeable increase. Cellulose pulp machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cellulose Pulp Machinery Production in Hungary

In value terms, cellulose pulp machinery production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by 28%. Cellulose pulp machinery production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cellulose Pulp Machinery Exports

Exports from Hungary

In 2020, overseas shipments of machinery for making pulp of fibrous cellulosic material decreased by -31.6% to X units for the first time since 2014, thus ending a five-year declining trend. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 482% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, cellulose pulp machinery exports shrank to $X in 2020. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by 622%. As a result, the exports attained the peak of $X. From 2015 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for cellulose pulp machinery exports from Hungary, accounting for a 92% share of total exports. Moreover, cellulose pulp machinery exports to the United States exceeded the volume sent to the second major destination, Russia (X units), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume to the United States amounted to -6.2%.

In value terms, the United States ($X) remains the key foreign market for machinery for making pulp of fibrous cellulosic material exports from Hungary, comprising 92% of total exports. The second position in the ranking was held by Russia ($X), with a 7.9% share of total exports.

From 2012 to 2020, the average annual growth rate of value to the United States totaled -5.0%.

Export Prices by Country

In 2020, the average cellulose pulp machinery export price amounted to $X per unit, increasing by 35% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United States amounted to $X per unit.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.1%).

Cellulose Pulp Machinery Imports

Imports into Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of machinery for making pulp of fibrous cellulosic material, which increased by 75% to X units in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 300% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cellulose pulp machinery imports surged to $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,450%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Italy (X units) was the main supplier of cellulose pulp machinery to Hungary, accounting for a approx. 100% share of total imports.

From 2013 to 2022, the average annual growth rate of volume from Italy stood at +600.0%.

In value terms, Italy ($X) constituted the largest supplier of machinery for making pulp of fibrous cellulosic material to Hungary.

From 2013 to 2022, the average annual rate of growth in terms of value from Italy amounted to +58.1%.

Import Prices by Country

The average cellulose pulp machinery import price stood at $X per unit in 2022, growing by 217% against the previous year. Over the period under review, the import price posted a significant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 735%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to +8.9% per year.

Source: IndexBox Platform

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