Hungary: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Hungary

The Hungarian non-corrugated paper box market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell in the following year.

Non-Corrugated Paper Box Production in Hungary

In value terms, non-corrugated paper box production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021, and then dropped in the following year.

Non-Corrugated Paper Box Exports

Exports from Hungary

For the ninth year in a row, Hungary recorded growth in shipments abroad of folding cartons, boxes and cases of non-corrugated paper or paperboard, which increased by X% to X tons in 2022. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-corrugated paper box exports totaled $X in 2022. Over the period under review, exports saw a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and Italy (X tons) were the main destinations of non-corrugated paper box exports from Hungary, with a combined X% share of total exports. Slovakia, Argentina, Spain, the United States, Poland, Thailand, the Czech Republic, Romania, Switzerland and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), Italy ($X) and Germany ($X) constituted the largest markets for non-corrugated paper box exported from Hungary worldwide, with a combined X% share of total exports. Argentina, the United States, Spain, Slovakia, Thailand, Poland, Switzerland, the Czech Republic, Romania and the UK lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 non-corrugated paper box export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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

Non-Corrugated Paper Box Imports

Imports into Hungary

In 2022, the amount of folding cartons, boxes and cases of non-corrugated paper or paperboard imported into Hungary reduced to X tons, shrinking by X% against the previous year's figure. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, non-corrugated paper box imports contracted to $X in 2022. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Germany (X tons), Austria (X tons) and Poland (X tons) were the main suppliers of non-corrugated paper box imports to Hungary, together accounting for X% of total imports. China, France, Denmark, Sweden, Slovakia, the Czech Republic, Croatia, the Netherlands, Greece and Romania 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 Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-corrugated paper box suppliers to Hungary were Germany ($X), Austria ($X) and Poland ($X), with a combined X% share of total imports. China, Sweden, France, Denmark, the Netherlands, Slovakia, the Czech Republic, Croatia, Greece and Romania lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Greece, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average non-corrugated paper box import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 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 China ($X per ton), while the price for Croatia ($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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