Hungary - Machinery for Making Pulp of Fibrous Cellulosic Material - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHungary: Cellulose Pulp Machinery Market 2024
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
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cellulose pulp machinery market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28951113 - Machinery for making pulp of fibrous cellulosic material
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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