Hungary - Industrial Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Roundwood (Coniferous) Price in Hungary - 2023
Contents:
- Industrial Roundwood (Coniferous) Price in Hungary (FOB) - 2023
- Industrial Roundwood (Coniferous) Price in Hungary (CIF) - 2023
- Industrial Roundwood (Coniferous) Exports in Hungary
- Industrial Roundwood (Coniferous) Imports in Hungary
Industrial Roundwood (Coniferous) Price in Hungary (FOB) - 2023
The average industrial roundwood (coniferous) export price stood at $46.6 per cubic meter in June 2023, increasing by 15% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in April 2023 an increase of 23% month-to-month. As a result, the export price reached the peak level of $50.8 per cubic meter. From May 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Germany ($334 per cubic meter), while the average price for exports to Austria ($30.1 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Roundwood (Coniferous) Price in Hungary (CIF) - 2023
The average industrial roundwood (coniferous) import price stood at $58.3 per cubic meter in May 2023, waning by -12.5% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average import price increased by 30% m-o-m. The import price peaked at $77.7 per cubic meter in October 2022; however, from November 2022 to May 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($224 per cubic meter), while the price for Slovakia ($49.5 per cubic meter) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Roundwood (Coniferous) Exports in Hungary
In 2022, exports of industrial roundwood (coniferous) from Hungary reduced modestly to 390K cubic meters, approximately mirroring the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, the exports reached the peak of 396K cubic meters, and then shrank slightly in the following year.
In value terms, industrial roundwood (coniferous) exports contracted slightly to $14M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 34%. As a result, the exports attained the peak of $15M, leveling off in the following year.
| Export of Industrial Roundwood (Coniferous) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 6.5 | 8.0 | 9.6 | 8.0 | 7.2% |
| Germany | 0.4 | N/A | 1.8 | 3.2 | 100.0% |
| Romania | 1.3 | N/A | 0.9 | 1.6 | 7.2% |
| Bosnia and Herzegovina | 2.7 | 0.2 | 0.1 | 0.9 | -30.7% |
| Slovenia | 0.7 | 0.7 | 0.4 | 0.3 | -24.6% |
| Slovakia | 0.6 | 1.8 | 1.3 | N/A | 47.2% |
| Others | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
| Total | 12.6 | 10.8 | 14.5 | 14.5 | 4.8% |
Top Export Markets for Industrial Roundwood (Coniferous) from Hungary in 2022:
- Austria (313.4K cubic meters)
- Romania (34.1K cubic meters)
- Bosnia and Herzegovina (17.1K cubic meters)
- Germany (10.7K cubic meters)
- Slovenia (7.4K cubic meters)
- Slovakia (1.5K cubic meters)
Industrial Roundwood (Coniferous) Imports in Hungary
In 2022, the amount of industrial roundwood (coniferous) imported into Hungary expanded notably to 275K cubic meters, surging by 6.6% against the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 8.5% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, industrial roundwood (coniferous) imports surged to $17M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Industrial Roundwood (Coniferous) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 0.3 | 1.9 | 7.6 | 403.3% |
| Slovakia | 5.6 | 5.4 | 5.5 | 6.0 | 2.3% |
| Germany | 0.1 | 0.2 | 0.5 | 2.1 | 175.9% |
| Romania | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Austria | N/A | 0.3 | 0.6 | 0.6 | 41.4% |
| Poland | 1.0 | 0.3 | 1.6 | 0.2 | -41.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.8 | 6.6 | 10.5 | 17.4 | 36.8% |
Top Suppliers of Industrial Roundwood (Coniferous) to Hungary in 2022:
- Czech Republic (141.6K cubic meters)
- Slovakia (83.2K cubic meters)
- Germany (21.1K cubic meters)
- Austria (20.0K cubic meters)
- Romania (6.7K cubic meters)
- Poland (2.3K cubic meters)
This report provides an in-depth analysis of the industrial roundwood (coniferous) market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1866 -
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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