Report Hungary - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 17, 2022

Hungary - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Wood Pellets Market 2022

Wood Pellets Market Size in Hungary

After two years of decline, the Hungarian wood pellets market increased by X% to $X in 2020. Over the period under review, consumption recorded noticeable growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Wood pellets consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Wood Pellets Production in Hungary

In value terms, wood pellets production soared to $X in 2020 estimated in export prices. Overall, production faced a deep contraction. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Wood pellets production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Wood Pellets Exports

Exports from Hungary

In 2020, exports of wood pellets from Hungary rose sharply to X tons, surging by X% on the previous year. Overall, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, wood pellets exports soared to $X in 2020. In general, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Italy (X tons), Austria (X tons) and Slovenia (X tons) were the main destinations of wood pellets exports from Hungary, with a combined X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wood pellets exported from Hungary were Italy ($X), Slovenia ($X) and Austria ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Slovenia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average wood pellets export price amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced mixed trend patterns.

Wood Pellets Imports

Imports into Hungary

In 2020, approx. X tons of wood pellets were imported into Hungary; growing by X% compared with 2019 figures. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the near future.

In value terms, wood pellets imports reached $X in 2020. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Ukraine (X tons) constituted the largest supplier of wood pellets to Hungary, with a X% share of total imports. Moreover, wood pellets imports from Ukraine exceeded the figures recorded by the second-largest supplier, Russia (X tons), sixfold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Ukraine stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-X% per year) and Germany (+X% per year).

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

From 2012 to 2020, the average annual rate of growth in terms of value from Ukraine totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Russia (-X% per year).

Import Prices by Country

The average wood pellets import price stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?
+
The country with the largest volume of wood pellets consumption was the UK, comprising approx. 23% of total volume. Moreover, wood pellets consumption in the UK exceeded the figures recorded by the second-largest consumer, Italy, threefold. The third position in this ranking was occupied by the Netherlands, with a 6.5% share.
What are the largest producers of wood pellets in the world?
+
United States remains the largest wood pellets producing country worldwide, accounting for 19% of total volume. Moreover, wood pellets production in United States exceeded the figures recorded by the second-largest producer, Canada, twofold. Viet Nam ranked third in terms of total production with a 7.4% share.
What are the leading suppliers of wood pellets to Hungary?
+
In value terms, Ukraine constituted the largest supplier of wood pellets to Hungary, comprising 64% of total imports. The second position in the ranking was occupied by Germany, with a 15% share of total imports. It was followed by Russia, with a 12% share.
What are the leading importers of wood pellets from Hungary?
+
In value terms, the largest markets for wood pellets exported from Hungary were Italy, Slovenia and Austria, with a combined 97% share of total exports.
What is the average export price for wood pellets in Hungary?
+
The average wood pellets export price stood at $189 per ton in 2020, rising by 15% against the previous year.
What is the average import price for wood pellets in Hungary?
+
The average wood pellets import price stood at $160 per ton in 2020, waning by -5.3% against the previous year.

This report provides an in-depth analysis of the wood pellets market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Product coverage:
• FCL 1693 - Wood pellets
Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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