Report Update Nov 1, 2024

Hungary - Parquet Panels of Wood (Excluding Those for Mosaic Floors) - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Wood Parquet Panels Market 2022

Wood Parquet Panels Market Size in Hungary

The Hungarian wood parquet panels market shrank to $X in 2021, with a decrease of -X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Wood Parquet Panels Production in Hungary

In value terms, wood parquet panels production surged to $X in 2021 estimated in export price. Overall, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wood Parquet Panels Exports

Exports from Hungary

In 2021, overseas shipments of parquet panels of wood (excluding those for mosaic floors) were finally on the rise to reach X square meters after three years of decline. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X square meters in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, wood parquet panels exports skyrocketed to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X square meters) was the main destination for wood parquet panels exports from Hungary, accounting for a X% share of total exports. Moreover, wood parquet panels exports to Italy exceeded the volume sent to the second major destination, Austria (X square meters), threefold. Germany (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Germany (+X% per year).

In value terms, Italy ($X) remains the key foreign market for wood parquet panels exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with an X% share of total exports. It was followed by Austria, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Austria (+X% per year).

Wood Parquet Panels Imports

Imports into Hungary

In 2021, approx. X square meters of parquet panels of wood (excluding those for mosaic floors) were imported into Hungary; jumping by X% on the year before. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, wood parquet panels imports surged to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2012; afterwards, it flattened through to 2021.

Imports by Country

Ukraine (X square meters), China (X square meters) and Poland (X square meters) were the main suppliers of wood parquet panels imports to Hungary, with a combined X% share of total imports. Germany, Austria and Vietnam lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood parquet panels suppliers to Hungary were Ukraine ($X), China ($X) and Poland ($X), together comprising X% of total imports.

China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parquet panels of wood (excluding those for mosaic floors) in the world?

The country with the largest volume of wood parquet panels consumption was China, accounting for 29% of total volume. Moreover, wood parquet panels consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. Brazil ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of parquet panels of wood (excluding those for mosaic floors) in the world?

China remains the largest wood parquet panels producing country worldwide, accounting for 30% of total volume. Moreover, wood parquet panels production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Indonesia ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of parquet panels of wood (excluding those for mosaic floors) to Hungary?

In value terms, China constituted the largest supplier of wood parquet panels to Hungary, comprising 56% of total imports. The second position in the ranking was occupied by Germany, with a 17% share of total imports. It was followed by Poland, with a 12% share.

What are the leading importers of parquet panels of wood (excluding those for mosaic floors) from Hungary?

In value terms, Italy remains the key foreign market for wood parquet panels exports from Hungary, comprising 42% of total exports. The second position in the ranking was occupied by Germany, with a 13% share of total exports. It was followed by Austria, with an 8.6% share.

What is the average export price for parquet panels of wood (excluding those for mosaic floors) in Hungary?

The average wood parquet panels export price stood at $3.5 per square meter in 2020, surging by 2.8% against the previous year.

What is the average import price for parquet panels of wood (excluding those for mosaic floors) in Hungary?

In 2020, the average wood parquet panels import price amounted to $1.1 per square meter, dropping by -56.5% against the previous year.

This report provides an in-depth analysis of the wood parquet panels 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 16221060 - Parquet panels of wood (excluding those for mosaic floors)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023