Hungary: Primary Fiber Crops Market 2025

Primary Fiber Crops Market Size in Hungary

The Hungarian primary fiber crops market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a deep setback. Primary fiber crops consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Primary Fiber Crops Production in Hungary

In value terms, primary fiber crops production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Primary Fiber Crops Exports

Exports from Hungary

In 2022, exports of fiber crops (primary) from Hungary reduced notably to X tons, waning by X% compared with 2021. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, primary fiber crops exports contracted slightly to $X in 2022. In general, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Lithuania (X tons), the Czech Republic (X tons) and Italy (X tons) were the main destinations of primary fiber crops exports from Hungary, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for primary fiber crops exported from Hungary were Lithuania ($X), the Czech Republic ($X) and Italy ($X), with a combined X% share of total exports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average primary fiber crops export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated a moderate increase 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, primary fiber crops export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Primary Fiber Crops Imports

Imports into Hungary

In 2022, the amount of fiber crops (primary) imported into Hungary reached X tons, almost unchanged from the previous year's figure. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, primary fiber crops imports soared to $X in 2022. Over the period under review, imports, however, saw a deep contraction. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X tons), the Czech Republic (X tons) and India (X tons) were the main suppliers of primary fiber crops imports to Hungary, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest primary fiber crops suppliers to Hungary were the Czech Republic ($X), Lithuania ($X) and Italy ($X), together accounting for X% of total imports.

The Czech Republic, with a CAGR of X%, saw the highest growth rate of 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.

Import Prices by Country

In 2022, the average primary fiber crops import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a slight curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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