Hungary: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2024

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Hungary

The Hungarian market for chemical wood pulp (soda and sulphate, other than dissolving grades) fell to $X in 2022, declining by X% against the previous year. Overall, consumption recorded a perceptible reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Hungary

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) reduced dramatically to $X in 2022 estimated in export price. In general, production recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports from Hungary

In 2022, the amount of chemical wood pulp (soda and sulphate, other than dissolving grades) exported from Hungary soared to X tons, surging by X% against the previous year's figure. In general, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Hungary, accounting for a X% share of total exports. Moreover, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) to Romania exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Serbia (X% per year).

In value terms, Romania ($X) remains the key foreign market for chemical wood pulp (soda and sulphate, other than dissolving grades) exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Serbia (X% per year).

Export Prices by Country

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, showed a modest increase. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Romania ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports into Hungary

Imports of chemical wood pulp (soda and sulphate, other than dissolving grades) into Hungary skyrocketed to X tons in 2022, growing by X% against the previous year. In general, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X tons), Chile (X tons) and Austria (X tons) were the main suppliers of imports of chemical wood pulp (soda and sulphate, other than dissolving grades) to Hungary, together comprising X% of total imports. Slovakia, Germany, Finland, the Czech Republic and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, Sweden ($X) constituted the largest supplier of chemical wood pulp (soda and sulphate, other than dissolving grades) to Hungary, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with an X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chemical wood pulp (soda and sulphate, other than dissolving grades) increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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