Hungary: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Hungary

In 2022, the Hungarian market for wood pulp, excluding mechanical wood pulp increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a prominent 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. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Hungary

In value terms, production of wood pulp, excluding mechanical wood pulp skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from Hungary

Exports of wood pulp, excluding mechanical wood pulp from Hungary skyrocketed to X tons in 2022, rising by X% against 2021 figures. Overall, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of wood pulp, excluding mechanical wood pulp soared to $X in 2022. Over the period under review, exports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for exports of wood pulp, excluding mechanical wood pulp from Hungary, with a X% share of total exports. Moreover, exports of wood pulp, excluding mechanical wood pulp to Romania exceeded the volume sent to the second major destination, Serbia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Austria (X% per year).

In value terms, Romania ($X) remains the key foreign market for wood pulp, excluding mechanical wood pulp exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Serbia (X% per year).

Export Prices by Country

The average export price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Romania ($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 Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into Hungary

In 2022, approx. X tons of wood pulp, excluding mechanical wood pulp were imported into Hungary; rising by X% against 2021 figures. The total import volume 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of wood pulp, excluding mechanical wood pulp surged to $X in 2022. In general, total imports 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X tons), Chile (X tons) and Austria (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to Hungary, together comprising X% of total imports. Slovakia, Estonia, Germany, Finland and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, Sweden ($X) constituted the largest supplier of wood pulp, excluding mechanical wood pulp to Hungary, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average import price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :