Hungary: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Hungary

The Hungarian paperboard container machine market totaled $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Paperboard Container Machine Production in Hungary

In value terms, paperboard container machine production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Paperboard Container Machine Exports

Exports from Hungary

Paperboard container machine exports from Hungary skyrocketed to X units in 2022, picking up by X% on the year before. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, paperboard container machine exports soared to $X in 2022. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for paperboard container machine exports from Hungary, with a X% share of total exports. Moreover, paperboard container machine exports to Saudi Arabia exceeded the volume sent to the second major destination, Albania (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for paperboard container machine exported from Hungary were Albania ($X), the Netherlands ($X) and Saudi Arabia ($X), with a combined X% share of total exports. Germany, Mexico, Slovakia, Poland, Morocco, Italy and Romania lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paperboard container machine export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

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

Paperboard Container Machine Imports

Imports into Hungary

In 2022, after two years of decline, there was significant growth in purchases abroad of machines for making containers of paper or paperboard, when their volume increased by X% to X units. Overall, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paperboard container machine imports contracted to $X in 2022. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Romania (X units) constituted the largest paperboard container machine supplier to Hungary, accounting for a X% share of total imports. Moreover, paperboard container machine imports from Romania exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Spain (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Romania amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

In value terms, the largest paperboard container machine suppliers to Hungary were China ($X), France ($X) and Turkey ($X), together accounting for X% of total imports. The Netherlands, Germany, Spain, Slovakia and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to 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 paperboard container machine import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then contracted markedly in the following year.

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 France ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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