Hungary - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Box Price in Hungary - 2023
Contents:
- Plastic Box Price in Hungary (CIF) - 2023
- Plastic Box Price in Hungary (FOB) - 2022
- Plastic Box Imports in Hungary
- Plastic Box Exports in Hungary
Plastic Box Price in Hungary (CIF) - 2023
The average plastic box import price stood at $4,018 per ton in July 2023, approximately mirroring the previous month. Overall, the import price recorded a slight expansion. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 11% month-to-month. The import price peaked at $4,151 per ton in March 2023; however, from April 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($5,320 per ton), while the price for Ukraine ($1,671 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Box Price in Hungary (FOB) - 2022
In 2022, the average plastic box export price amounted to $2,852 per ton, which is down by -15.7% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,823 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($3,782 per ton), while the average price for exports to Ukraine ($1,962 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 the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Box Imports in Hungary
In 2022, plastic box imports into Hungary rose notably to 62K tons, picking up by 11% compared with 2021. The total import volume increased at an average annual rate of +8.7% over the period 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 14%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, plastic box imports reached $232M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Plastic Box in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 10.7 | 15.4 | 34.9 | 43.6 | 59.7% |
Serbia | 30.5 | 30.6 | 35.0 | 31.0 | 0.5% |
Turkey | 33.3 | 35.2 | 29.9 | 28.3 | -5.3% |
Czech Republic | 13.9 | 14.5 | 17.8 | 21.8 | 16.2% |
Germany | 19.8 | 15.1 | 17.0 | 20.3 | 0.8% |
South Korea | 3.1 | 4.8 | 11.6 | 11.3 | 53.9% |
China | 4.5 | 8.5 | 9.9 | 7.6 | 19.1% |
Denmark | 4.0 | 6.6 | 3.7 | 7.5 | 23.3% |
Slovakia | 5.7 | 6.7 | 5.9 | 5.7 | 0.0% |
Mexico | 4.9 | 1.1 | 5.8 | 5.2 | 2.0% |
Italy | 3.4 | 3.8 | 5.2 | 4.9 | 13.0% |
Ukraine | 3.7 | 5.9 | 7.1 | 4.7 | 8.3% |
Croatia | 1.2 | 1.5 | 2.4 | 2.6 | 29.4% |
Others | 38.1 | 43.7 | 38.0 | 37.2 | -0.8% |
Total | 177 | 194 | 224 | 232 | 9.4% |
Top Suppliers of Plastic Box to Hungary in 2022:
- Poland (13.1K tons)
- Turkey (9.0K tons)
- Czech Republic (8.2K tons)
- Serbia (6.0K tons)
- Germany (5.2K tons)
- Ukraine (2.7K tons)
- Slovakia (2.2K tons)
- South Korea (2.0K tons)
- Denmark (1.9K tons)
- Croatia (1.7K tons)
- Mexico (1.5K tons)
- China (1.4K tons)
- Italy (1.3K tons)
Plastic Box Exports in Hungary
For the fourth consecutive year, Hungary recorded growth in shipments abroad of plastic boxes, cases, crates and similar packing articles, which increased by 6.8% to 44K tons in 2022. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic box exports fell to $124M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 12%. As a result, the exports reached the peak of $138M, and then fell in the following year.
Export of Plastic Box in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 38.7 | 36.5 | 37.5 | 32.7 | -5.5% |
Austria | 15.9 | 17.5 | 15.1 | 13.7 | -4.8% |
Turkey | 14.5 | 14.2 | 15.6 | 13.0 | -3.6% |
Romania | 5.4 | 4.9 | 9.2 | 7.7 | 12.6% |
Mexico | 0.5 | 4.3 | 5.4 | 6.7 | 137.5% |
Slovakia | 1.3 | 2.7 | 3.6 | 5.0 | 56.7% |
Ukraine | 3.9 | 6.0 | 6.5 | 4.4 | 4.1% |
China | 3.9 | 4.7 | 5.2 | 4.4 | 4.1% |
United Kingdom | 0.1 | N/A | 5.6 | 4.1 | 244.8% |
Bulgaria | 2.5 | 3.5 | 4.2 | 3.9 | 16.0% |
United States | 4.0 | 3.0 | 3.1 | 3.7 | -2.6% |
Czech Republic | 2.3 | 2.2 | 3.0 | 3.0 | 9.3% |
North Macedonia | 0.6 | 1.5 | 2.1 | 2.5 | 60.9% |
Others | 24.3 | 22.0 | 21.7 | 19.2 | -7.6% |
Total | 118 | 123 | 138 | 124 | 1.7% |
Top Export Markets for Plastic Box from Hungary in 2022:
- Serbia (8.6K tons)
- Austria (6.5K tons)
- Turkey (5.7K tons)
- Ukraine (2.2K tons)
- Romania (2.2K tons)
- Mexico (2.0K tons)
- United Kingdom (1.9K tons)
- Slovakia (1.5K tons)
- China (1.4K tons)
- United States (1.2K tons)
- Bulgaria (1.2K tons)
- North Macedonia (1.0K tons)
- Czech Republic (0.9K tons)
This report provides an in-depth analysis of the plastic box 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:
- Prodcom 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
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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