Hungary: Market for Paper Trays, Dishes, Plates And Cups 2024

Market Size for Paper Trays, Dishes, Plates And Cups in Hungary

The Hungarian paper dishes and cups market declined sharply to $X in 2021, which is down by -51.1% against the previous year. In general, consumption recorded a noticeable reduction. As a result, consumption reached the peak level of $X, and then shrank dramatically in the following year.

Production of Paper Trays, Dishes, Plates And Cups in Hungary

In value terms, paper dishes and cups production contracted markedly to $X in 2021 estimated in export price. Overall, production faced a precipitous descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by 40% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Paper Trays, Dishes, Plates And Cups

Exports from Hungary

In 2021, the amount of paper trays, dishes, plates and cups exported from Hungary soared to X tons, picking up by 53% on the year before. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 67% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, paper dishes and cups exports skyrocketed to $X in 2021. Over the period under review, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), Croatia (X tons) and Slovakia (X tons) were the main destinations of paper dishes and cups exports from Hungary, together comprising 44% of total exports. Serbia, the Czech Republic, the Netherlands, Austria, France, Bulgaria, North Macedonia, Germany and Belgium lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +229.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Croatia ($X) and Serbia ($X) were the largest markets for paper dishes and cups exported from Hungary worldwide, together accounting for 44% of total exports. Slovakia, Austria, the Netherlands, North Macedonia, the Czech Republic, Bulgaria, Belgium, Germany and France lagged somewhat behind, together accounting for a further 41%.

Belgium, with a CAGR of +187.9%, saw the highest growth rate of 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 paper dishes and cups export price stood at $X per ton in 2021, surging by 20% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 62%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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 Belgium ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Trays, Dishes, Plates And Cups

Imports into Hungary

In 2021, approx. X tons of paper trays, dishes, plates and cups were imported into Hungary; increasing by 55% against the year before. In general, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper dishes and cups imports soared to $X in 2021. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), China (X tons) and Germany (X tons) were the main suppliers of paper dishes and cups imports to Hungary, together accounting for 73% of total imports. Turkey, Italy, Romania, Austria, Slovakia and Spain lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +55.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of paper trays, dishes, plates and cups to Hungary, comprising 48% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports. It was followed by Germany, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +62.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+10.3% per year) and Germany (+17.6% per year).

Import Prices by Country

In 2021, the average paper dishes and cups import price amounted to $X per ton, growing by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 34%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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