Hungary: Paper File Cover Market 2024

Paper File Cover Market Size in Hungary

The Hungarian paper file cover market shrank remarkably to $X in 2022, which is down by -16% against the previous year. Overall, consumption recorded a abrupt decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Paper File Cover Production in Hungary

In value terms, paper file cover production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a pronounced setback. The growth pace was the most rapid in 2014 with an increase of 9.4% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Paper File Cover Exports

Exports from Hungary

For the third consecutive year, Hungary recorded decline in shipments abroad of paper binders, folders and file covers, which decreased by -3.1% to X tons in 2022. In general, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 231% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paper file cover exports reduced slightly to $X in 2022. Overall, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 69%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for paper file cover exports from Hungary, accounting for a 77% share of total exports. Moreover, paper file cover exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), sevenfold. The Czech Republic (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+14.1% per year) and the Czech Republic (+12.3% per year).

In value terms, Germany ($X) remains the key foreign market for paper binders, folders and file covers exports from Hungary, comprising 84% of total exports. The second position in the ranking was held by Slovakia ($X), with a 6% share of total exports. It was followed by the Czech Republic, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+14.6% per year) and the Czech Republic (+7.0% per year).

Export Prices by Country

In 2022, the average paper file cover export price amounted to $X per ton, growing by 2% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Slovakia ($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 Romania (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paper File Cover Imports

Imports into Hungary

In 2022, the amount of paper binders, folders and file covers imported into Hungary reduced remarkably to X tons, with a decrease of -34.8% against the previous year's figure. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 36%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper file cover imports dropped rapidly to $X in 2022. Overall, imports saw a perceptible slump. The growth pace was the most rapid in 2019 with an increase of 20% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest paper file cover supplier to Hungary, accounting for a 31% share of total imports. Moreover, paper file cover imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.9% per year) and China (-2.3% per year).

In value terms, Poland ($X) constituted the largest supplier of paper binders, folders and file covers to Hungary, comprising 32% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and China (+3.4% per year).

Import Prices by Country

The average paper file cover import price stood at $X per ton in 2022, jumping by 24% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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