Hungary: Sawn Wood Market 2020

Sawn Wood Market Size in Hungary

The revenue of the sawn wood market in Hungary amounted to $X in 2018, growing by X% against the previous year. In general, sawn wood consumption, however, continues to indicate an abrupt setback. The growth pace was the most rapid in 2011, when the market value increased by X% y-o-y. Hungary sawn wood consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Sawn Wood Production in Hungary

In value terms, sawn wood production amounted to $X in 2018 estimated in export prices. Overall, sawn wood production, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% against the previous year. Hungary sawn wood production peaked at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Sawn Wood Exports

Exports from Hungary

In 2018, approx. X cubic meters of wood sawn or chipped lengthwise were exported from Hungary; coming down by -X% against the previous year. Overall, sawn wood exports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2010, when exports increased by X% y-o-y. Over the period under review, sawn wood exports attained their maximum at X cubic meters in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, sawn wood exports amounted to $X in 2018. Overall, sawn wood exports continue to indicate a measured decline. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Hungary exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Indonesia (X cubic meters) was the major exporter for wood sawn or chipped lengthwise, mixing up X% of total exports. China (X cubic meters) held the second position in the ranking, distantly followed by Brazil (X cubic meters). All these countries together took approx. X% share of total exports. The following exporters - Peru (X cubic meters) and Malaysia (X cubic meters) - together made up X% of total exports.

Indonesia was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of +X% from 2007 to 2018. Brazil (-X%), Peru (-X%), China (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of China (X%), Brazil (X%), Malaysia (X%) and Peru (X%) increased significantly in terms of the global exports from 2007-2018, the share of Indonesia (-X%) displayed negative dynamics.

In value terms, Malaysia ($X), Indonesia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

Among the main exporting countries, Malaysia experienced the highest rates of growth with regard to exports, over the last eleven year period, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2018, the sawn wood export price in Hungary amounted to $X per cubic meter, dropping by -X% against the previous year. Over the period under review, the sawn wood export price, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, when the export price increased by X% year-to-year. Hungary export price peaked at $X per cubic meter in 2017, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Malaysia ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Sawn Wood Imports

Imports into Hungary

In 2018, approx. X cubic meters of wood sawn or chipped lengthwise were imported into Hungary; coming down by -X% against the previous year. Over the period under review, sawn wood imports continue to indicate a deep decline. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, sawn wood imports reached their maximum at X cubic meters in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, sawn wood imports stood at $X in 2018. Over the period under review, sawn wood imports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2011, when imports increased by X% against the previous year. In that year, sawn wood imports attained their peak of $X. From 2012 to 2018, the growth of sawn wood imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X cubic meters), the UK (X cubic meters) and Taiwan, Chinese (X cubic meters) were the main importers of wood sawn or chipped lengthwise in the world, comprising X% of total import. Mexico (X cubic meters) held a X% share (based on tons) of total imports, which put it in second place, followed by France (X%), South Korea (X%) and Australia (X%). The following importers - Germany (X cubic meters), Japan (X cubic meters), Italy (X cubic meters), Saudi Arabia (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Italy ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. Germany, France, Japan, India, Mexico, Australia, Saudi Arabia, South Korea, Taiwan, Chinese and Hungary lagged somewhat behind, together accounting for a further X the main importing countries, India experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sawn wood import price in Hungary amounted to $X per thousand cubic meters, shrinking by -X% against the previous year. Overall, the sawn wood import price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2010, an increase of X% against the previous year. In that year, the import prices for wood sawn or chipped lengthwise reached their peak level of $X per thousand cubic meters. From 2011 to 2018, the growth in terms of the import prices for wood sawn or chipped lengthwise remained at a lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per thousand cubic meters), while Taiwan, Chinese ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform