Hungary: Overview of the Market for Dissolving Grade Wood Pulp 2021

Market Size for Dissolving Grade Wood Pulp in Hungary

For the third consecutive year, the Hungarian dissolving grade wood pulp market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption showed a measured expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is likely to continue growth in the immediate term.

Production of Dissolving Grade Wood Pulp in Hungary

In value terms, dissolving grade wood pulp production expanded slightly to $X in 2020 estimated in export prices. Overall, production showed measured growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Dissolving grade wood pulp production peaked in 2020 and is likely to see gradual growth in the near future.

Exports of Dissolving Grade Wood Pulp

Exports from Hungary

After two years of decline, shipments abroad of dissolving grade wood pulp decreased by -X% to X kg in 2020. Overall, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, dissolving grade wood pulp exports contracted dramatically to $X in 2020. In general, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2013 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Ukraine (X kg) was the main destination for dissolving grade wood pulp exports from Hungary, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Ukraine was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Ukraine was relatively modest.

Export Prices by Country

In 2020, the average dissolving grade wood pulp export price amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price showed strong growth. The growth pace was the most rapid in 2016 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2007 to 2020, the rate of growth in terms of prices for Ukraine amounted to X% per year.

Imports of Dissolving Grade Wood Pulp

Imports into Hungary

In 2020, overseas purchases of dissolving grade wood pulp increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2020 and are likely to continue growth in the near future.

In value terms, dissolving grade wood pulp imports surged to $X in 2020. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest dissolving grade wood pulp supplier to Hungary, with a X% share of total imports. Moreover, dissolving grade wood pulp imports from Germany exceeded the figures recorded by the second-largest supplier, Slovenia (X tonnes), sixfold.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled +X%.

In value terms, Germany ($X) constituted the largest supplier of dissolving grade wood pulp to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Slovenia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%.

Import Prices by Country

In 2020, the average dissolving grade wood pulp import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2019, and then shrank dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Slovenia ($X per tonne), while the price for Germany totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dissolving grade wood pulp in the world?

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The country with the largest volume of dissolving grade wood pulp consumption was China (6.8M tonnes), comprising approx. 57% of total volume. Moreover, dissolving grade wood pulp consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (800K tonnes), ninefold. The U.S. (718K tonnes) ranked third in terms of total consumption with a 6% share.

What are the largest producers of dissolving grade wood pulp in the world?

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China (3.6M tonnes) remains the largest dissolving grade wood pulp producing country worldwide, comprising approx. 30% of total volume. Moreover, dissolving grade wood pulp production in China exceeded the figures recorded by the second-largest producer, Indonesia (1.3M tonnes), threefold. The third position in this ranking was occupied by the U.S. (1.3M tonnes), with a 11% share.

What are the leading suppliers of dissolving grade wood pulp to Hungary?

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In value terms, Germany ($798K) constituted the largest supplier of dissolving grade wood pulp to Hungary, comprising 80% of total imports. The second position in the ranking was occupied by Slovenia ($189K), with a 19% share of total imports.

What is the average export price for dissolving grade wood pulp in Hungary?

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The average dissolving grade wood pulp export price stood at $1,683 per tonne in 2020, growing by 43% against the previous year.

What is the average import price for dissolving grade wood pulp in Hungary?

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The average dissolving grade wood pulp import price stood at $608 per tonne in 2020, with a decrease of -73.5% against the previous year.