Hungary: Stamping Foil Market 2024

Stamping Foil Market Size in Hungary

The Hungarian stamping foil market declined slightly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, posted strong growth. Over the period under review, the market attained the peak level at $X in 2021, and then shrank modestly in the following year.

Stamping Foil Production in Hungary

In value terms, stamping foil production rose slightly to $X in 2022 estimated in export price. Over the period under review, production showed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Stamping foil production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Stamping Foil Exports

Exports from Hungary

In 2022, overseas shipments of stamping foils increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, stamping foil exports expanded notably to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Romania (X tons), Bulgaria (X tons) and the Czech Republic (X tons) were the main destinations of stamping foil exports from Hungary, with a combined X% share of total exports. Sweden, Austria, Serbia and Israel lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) remains the key foreign market for stamping foils exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

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

Export Prices by Country

In 2022, the average stamping foil export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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

Stamping Foil Imports

Imports into Hungary

In 2022, imports of stamping foils into Hungary amounted to X tons, leveling off at the previous year. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, stamping foil imports expanded markedly to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Slovenia (X tons) and Malaysia (X tons) were the main suppliers of stamping foil imports to Hungary, together accounting for X% of total imports. Poland, Spain, France, Romania, Denmark and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of stamping foils to Hungary, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

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

Import Prices by Country

The average stamping foil import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Denmark ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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