Hungary: Playing Cards Market 2024

Playing Cards Market Size in Hungary

The Hungarian playing cards market surged to $X in 2022, with an increase of 26% against the previous year. Overall, consumption showed a resilient expansion. Playing cards consumption peaked in 2022 and is likely to see steady growth in the near future.

Playing Cards Production in Hungary

In value terms, playing cards production fell slightly to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Playing cards production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Playing Cards Exports

Exports from Hungary

Playing cards exports from Hungary soared to X tons in 2022, growing by 69% on 2021 figures. In general, exports recorded a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by 487% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, playing cards exports skyrocketed to $X in 2022. Overall, exports showed notable growth. The pace of growth appeared the most rapid in 2013 when exports increased by 168% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Slovenia (X tons), Croatia (X tons) and Romania (X tons) were the main destinations of playing cards exports from Hungary, together accounting for 51% of total exports. Slovakia, Bulgaria, Serbia and Italy lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +94.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Croatia ($X) and Romania ($X) constituted the largest markets for playing cards exported from Hungary worldwide, with a combined 69% share of total exports. Slovakia, Italy, Serbia and Bulgaria lagged somewhat behind, together accounting for a further 17%.

Bulgaria, with a CAGR of +71.4%, saw the highest growth rate of 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 playing cards export price stood at $X per ton in 2022, picking up by 9.4% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 65% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Bulgaria ($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 (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Playing Cards Imports

Imports into Hungary

In 2022, playing cards imports into Hungary skyrocketed to X tons, with an increase of 50% on the previous year's figure. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 139%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, playing cards imports soared to $X in 2022. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 102% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest playing cards supplier to Hungary, accounting for a 59% share of total imports. Moreover, playing cards imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.0% per year) and Poland (+9.1% per year).

In value terms, China ($X), Germany ($X) and Poland ($X) appeared to be the largest playing cards suppliers to Hungary, with a combined 66% share of total imports. Slovakia, Slovenia, the Netherlands, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 22%.

Slovenia, with a CAGR of +93.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average playing cards import price amounted to $X per ton, dropping by -16.3% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 43% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then dropped remarkably 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 Slovenia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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