Hungary: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Hungary

The Hungarian market for pens, stylos and similar stationery soared to $X in 2022, growing by X% against the previous year. In general, consumption posted a significant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Pens, Stylos And Similar Stationery in Hungary

In value terms, pens, stylos and similar stationery production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Pens, stylos and similar stationery production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Pens, Stylos And Similar Stationery

Exports from Hungary

In 2022, approx. X units of pens, stylos and similar stationery were exported from Hungary; growing by X% on the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pens, stylos and similar stationery exports skyrocketed to $X in 2022. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Austria (X units) was the main destination for pens, stylos and similar stationery exports from Hungary, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Austria exceeded the volume sent to the second major destination, Slovakia (X units), more than tenfold. The third position in this ranking was taken by the Czech Republic (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

In value terms, the largest markets for pens, stylos and similar stationery exported from Hungary were Slovakia ($X), Romania ($X) and the Czech Republic ($X), together comprising X% of total exports. Italy, Austria, Croatia, Serbia, Hong Kong SAR and Russia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Austria (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports into Hungary

In 2022, the amount of pens, stylos and similar stationery imported into Hungary expanded markedly to X units, picking up by X% compared with the previous year. In general, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, pens, stylos and similar stationery imports soared to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pens, stylos and similar stationery to Hungary, accounting for a X% share of total imports. Moreover, pens, stylos and similar stationery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. India (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

In value terms, the largest pens, stylos and similar stationery suppliers to Hungary were China ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of 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

The average import price for pens, stylos and similar stationery stood at $X per unit in 2022, rising by X% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pens, stylos and similar stationery import price increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for India (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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