Hungary: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Hungary

The Hungarian market for floor, wall or ceiling coverings of plastics declined to $X in 2022, waning by X% against the previous year. Over the period under review, the total consumption indicated a remarkable increase 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. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Hungary

In value terms, production of floor, wall or ceiling coverings of plastics shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Hungary

For the third year in a row, Hungary recorded decline in overseas shipments of floor, wall or ceiling coverings of plastics, which decreased by X% to X square meters in 2022. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X square meters. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics shrank to $X in 2022. Overall, exports recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X square meters), Germany (X square meters) and Russia (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Hungary, together accounting for X% of total exports. Turkey, the UK, Spain, Slovakia, Italy, Morocco, France, the Czech Republic, Poland and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for plastic floor, wall and ceiling coverings exported from Hungary were Germany ($X), Romania ($X) and Spain ($X), together comprising X% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, rising by X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Morocco ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Hungary

In 2022, the amount of floor, wall or ceiling coverings of plastics imported into Hungary contracted sharply to X square meters, reducing by X% on 2021. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of floor, wall or ceiling coverings of plastics expanded remarkably to $X in 2022. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X square meters), Poland (X square meters) and Germany (X square meters) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Hungary, with a combined X% share of total imports. Turkey, Serbia, Belgium and Slovenia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings suppliers to Hungary were Germany ($X), Poland ($X) and China ($X), with a combined X% share of total imports. Belgium, Serbia, Slovenia and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, with an increase of X% against the previous year. Overall, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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