Hungary - Packaging Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPackaging Materials Price in Hungary - 2023
Contents:
- Packaging Materials Price in Hungary (FOB) - 2022
- Packaging Materials Price in Hungary (CIF) - 2022
- Packaging Materials Exports in Hungary
- Packaging Materials Imports in Hungary
Packaging Materials Price in Hungary (FOB) - 2022
The average packaging materials export price stood at $941 per ton in 2022, surging by 30% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($1,837 per ton), while the average price for exports to Slovenia ($581 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 Ukraine (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Packaging Materials Price in Hungary (CIF) - 2022
The average packaging materials import price stood at $987 per ton in 2022, picking up by 17% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Serbia ($1,291 per ton), while the price for Croatia ($599 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Packaging Materials Exports in Hungary
In 2022, shipments abroad of packaging materials decreased by -4.6% to 721K tons, falling for the second year in a row after two years of growth. In general, exports saw a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.6% against the previous year. As a result, the exports attained the peak of 763K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, packaging materials exports skyrocketed to $678M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Packaging Materials in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 86.7 | 85.0 | 108 | 133 | 15.3% |
| Romania | 36.8 | 30.6 | 51.4 | 75.3 | 27.0% |
| Luxembourg | 27.7 | 44.1 | 46.1 | 70.3 | 36.4% |
| Austria | 42.4 | 35.0 | 54.7 | 59.7 | 12.1% |
| Germany | 59.2 | 47.3 | 37.6 | 44.6 | -9.0% |
| Italy | 17.4 | 18.8 | 20.4 | 37.2 | 28.8% |
| Serbia | 13.2 | 13.5 | 18.6 | 29.8 | 31.2% |
| Slovenia | 28.0 | 21.2 | 8.4 | 24.6 | -4.2% |
| Croatia | 18.0 | 13.9 | 18.5 | 23.5 | 9.3% |
| Czech Republic | 11.4 | 9.5 | 16.0 | 16.8 | 13.8% |
| Bulgaria | 7.5 | 7.1 | 9.8 | 16.6 | 30.3% |
| Ukraine | 19.8 | 20.4 | 29.8 | 15.7 | -7.4% |
| Greece | 6.5 | 6.7 | 8.0 | 12.8 | 25.3% |
| Others | 117 | 96.5 | 118 | 118 | 0.3% |
| Total | 492 | 449 | 545 | 678 | 11.3% |
Top Export Markets for Packaging Materials from Hungary in 2022:
- Poland (148.5K tons)
- Romania (105.4K tons)
- Austria (80.7K tons)
- Italy (47.9K tons)
- Slovenia (42.4K tons)
- Luxembourg (38.3K tons)
- Germany (36.1K tons)
- Serbia (34.6K tons)
- Croatia (29.7K tons)
- Bulgaria (26.3K tons)
- Greece (20.8K tons)
- Czech Republic (19.9K tons)
- Ukraine (16.0K tons)
Packaging Materials Imports in Hungary
After three years of growth, purchases abroad of packaging materials decreased by -5.7% to 567K tons in 2022. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of 602K tons, and then reduced in the following year.
In value terms, packaging materials imports amounted to $560M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Packaging Materials in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 63.2 | 69.3 | 92.2 | 108 | 19.6% |
| Austria | 61.3 | 54.1 | 83.6 | 82.6 | 10.5% |
| Finland | 47.9 | 41.1 | 41.4 | 54.4 | 4.3% |
| Sweden | 50.7 | 51.2 | 56.0 | 54.3 | 2.3% |
| Poland | 29.9 | 27.6 | 37.8 | 53.3 | 21.3% |
| Czech Republic | 31.3 | 32.0 | 43.7 | 46.8 | 14.3% |
| Serbia | 12.5 | 13.1 | 20.7 | 26.7 | 28.8% |
| Romania | 20.1 | 11.7 | 19.8 | 25.6 | 8.4% |
| France | 10.8 | 13.3 | 14.6 | 18.1 | 18.8% |
| Italy | 12.4 | 10.8 | 17.8 | 17.0 | 11.1% |
| Croatia | 11.7 | 7.9 | 12.6 | 10.7 | -2.9% |
| Slovakia | 5.9 | 4.3 | 9.0 | 10.4 | 20.8% |
| Others | 33.4 | 37.1 | 58.5 | 51.9 | 15.8% |
| Total | 391 | 373 | 508 | 560 | 12.7% |
Top Suppliers of Packaging Materials to Hungary in 2022:
- Germany (116.1K tons)
- Austria (99.9K tons)
- Sweden (55.0K tons)
- Poland (54.7K tons)
- Finland (47.2K tons)
- Czech Republic (43.2K tons)
- Romania (33.4K tons)
- Serbia (20.7K tons)
- France (18.4K tons)
- Croatia (17.9K tons)
- Italy (16.0K tons)
- Slovakia (10.5K tons)
This report provides an in-depth analysis of the packaging materials 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 1617 - Case materials
- FCL 1618 - Cartonboard
- FCL 1621 - Wrapping papers
- FCL 1622 - Other papers mainly for packaging
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
-
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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