Hungary: Newsprint Market Overview 2020

Newsprint Market Size in Hungary

The revenue of the newsprint market in Hungary amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, newsprint consumption continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the newsprint market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Newsprint Exports

Exports from Hungary

Newsprint exports from Hungary totaled X tonnes in 2018, reducing by -X% against the previous year. Over the period under review, newsprint exports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, newsprint exports attained their peak figure at X tonnes in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, newsprint exports totaled $X in 2018. Overall, newsprint exports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, newsprint exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for newsprint exports from Hungary, accounting for a X% share of total exports. Moreover, newsprint exports to the Netherlands exceeded the volume sent to the second major destination, Latvia (X tonnes), twofold. Romania (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-X% per year) and Romania (+X% per year).

In value terms, the largest markets for newsprint exported from Hungary were Latvia ($X), the Netherlands ($X) and Romania ($X), together accounting for X% of total exports.

Romania recorded the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average newsprint export price stood at $X per tonne in 2018, going up by X% against the previous year. Overall, the export price indicated buoyant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, newsprint export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. The export price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Latvia ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Newsprint Imports

Imports into Hungary

In 2018, the amount of newsprint imported into Hungary totaled X tonnes, reducing by -X% against the previous year. Over the period under review, newsprint imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, newsprint imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, newsprint imports stood at $X in 2018. In general, newsprint imports continue to indicate a deep contraction. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, newsprint imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Austria (X tonnes) constituted the largest supplier of newsprint to Hungary, with a X% share of total imports. Moreover, newsprint imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. Russia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Austria totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Russia (+X% per year).

In value terms, Austria ($X) constituted the largest supplier of newsprint to Hungary, comprising X% of total newsprint imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Austria amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Poland (+X% per year).

Import Prices by Country

In 2018, the average newsprint import price amounted to $X per tonne, going up by X% against the previous year. In general, the newsprint import price, however, continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from France ($X per tonne) and Slovakia ($X per tonne), while the price for Russia ($X per tonne) and Switzerland ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform