Hungary: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Hungary

In 2020, after three years of growth, there was significant decline in the Hungarian wood fuel (non-coniferous) market, when its value decreased by -X% to $X. Overall, consumption recorded a slight reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Wood fuel (non-coniferous) consumption peaked at $X in 2010; however, from 2011 to 2020, consumption remained at a lower figure.

Wood Fuel (Non-Coniferous) Production in Hungary

In value terms, wood fuel (non-coniferous) production contracted sharply to $X in 2020 estimated in export prices. Overall, production saw a noticeable decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2010; however, from 2011 to 2020, production failed to regain the momentum.

Wood Fuel (Non-Coniferous) Exports

Exports from Hungary

In 2020, exports of wood fuel (non-coniferous) from Hungary fell to X cubic meters, shrinking by -X% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of X cubic meters. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) exports fell markedly to $X in 2020. Over the period under review, exports recorded a perceptible setback. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Austria (X cubic meters), Germany (X cubic meters) and Switzerland (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from Hungary, together comprising X% of total exports. These countries were followed by Lithuania, Romania, Spain and Croatia, which together accounted for a further X 2007 to 2020, the biggest increases were in Lithuania (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Austria ($X) appeared to be the largest markets for wood fuel (non-coniferous) exported from Hungary worldwide, with a combined X% share of total exports. These countries were followed by Lithuania, Romania, Croatia and Spain, which together accounted for a further X the main countries of destination, Lithuania (+X% per year) recorded the highest rates of growth with regard to 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 wood fuel (non-coniferous) export price stood at $X per cubic meter in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price saw a slight downturn. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per cubic meter in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Switzerland ($X per cubic meter), while the average price for exports to Austria ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Croatia, while the prices for the other major destinations experienced mixed trend patterns.

Wood Fuel (Non-Coniferous) Imports

Imports into Hungary

In 2020, approx. X cubic meters of wood fuel (non-coniferous) were imported into Hungary; reducing by -X% on 2019. Overall, total imports indicated a strong increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at X cubic meters in 2019, and then dropped in the following year.

In value terms, wood fuel (non-coniferous) imports reduced to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Austria (X cubic meters) constituted the largest wood fuel (non-coniferous) supplier to Hungary, accounting for a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from Austria exceeded the figures recorded by the second-largest supplier, Poland (X cubic meters), fourfold. The third position in this ranking was occupied by Slovakia (X cubic meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Austria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Slovakia (+X% per year).

In value terms, Austria ($X) constituted the largest supplier of wood fuel (non-coniferous) to Hungary, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Austria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Estonia (+X% per year).

Import Prices by Country

The average wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per cubic meter), while the price for Austria ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform