Hungary: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Hungary

The Hungarian non-cellular polypropylene film market fell remarkably to $X in 2021, with a decrease of -94.7% against the previous year. Overall, consumption continues to indicate a sharp setback. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Non-Cellular Polypropylene Film Production in Hungary

In value terms, non-cellular polypropylene film production soared to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 23% against the previous year. Non-cellular polypropylene film production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Non-Cellular Polypropylene Film Exports

Exports from Hungary

In 2021, approx. X tons of non-cellular polypropylene films, sheets, foil and strip were exported from Hungary; increasing by 95% compared with the previous year's figure. Over the period under review, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polypropylene film exports soared to $X in 2021. In general, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Italy (X tons) and Germany (X tons) were the main destinations of non-cellular polypropylene film exports from Hungary, together accounting for 45% of total exports. Slovakia, Russia, Spain, the Czech Republic, Greece, Romania, Serbia, Ukraine, Lithuania and the UK lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +61.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cellular polypropylene film exported from Hungary were Poland ($X), Italy ($X) and Germany ($X), together accounting for 44% of total exports. Slovakia, Russia, the Czech Republic, Spain, Romania, Greece, Serbia, Ukraine, Lithuania and the UK lagged somewhat behind, together accounting for a further 40%.

Russia, with a CAGR of +55.6%, recorded 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

The average non-cellular polypropylene film export price stood at $X per ton in 2021, jumping by 16% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. 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 remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($X per ton) and Slovakia ($X per ton), while the average price for exports to Spain ($X per ton) and Greece ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polypropylene Film Imports

Imports into Hungary

In 2021, after two years of growth, there was significant decline in supplies from abroad of non-cellular polypropylene films, sheets, foil and strip, when their volume decreased by -5.3% to X tons. The total import volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 16% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, non-cellular polypropylene film imports rose rapidly to $X in 2021. Overall, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 17%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Italy (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of non-cellular polypropylene film imports to Hungary, with a combined 52% share of total imports. These countries were followed by Slovakia, Egypt, Austria, the Czech Republic, the United Arab Emirates, Portugal, Croatia, Romania, Slovenia and Bulgaria, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +87.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) were the largest non-cellular polypropylene film suppliers to Hungary, together accounting for 52% of total imports. Austria, Slovakia, the Czech Republic, Egypt, the United Arab Emirates, Croatia, Slovenia, Portugal, Bulgaria and Romania lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Portugal, with a CAGR of +68.8%, recorded 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

In 2021, the average non-cellular polypropylene film import price amounted to $X per ton, increasing by 14% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29%. The import price peaked at $X per ton in 2018; however, from 2019 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 Germany ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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