Hungary - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 21, 2024

Hungary - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights

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Paper Bag Price in Hungary - 2023

Contents:

  1. Paper Bag Price in Hungary (CIF) - 2023
  2. Paper Bag Price in Hungary (FOB) - 2023
  3. Paper Bag Imports in Hungary
  4. Paper Bag Exports in Hungary

Paper Bag Price in Hungary (CIF) - 2023

The average paper bag import price stood at $2,661 per ton in July 2023, surging by 5.3% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 13% month-to-month. The import price peaked at $3,011 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($4,431 per ton), while the price for Croatia ($1,562 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Paper Bag Price in Hungary (FOB) - 2023

The average paper bag export price stood at $2,832 per ton in July 2023, with an increase of 4.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 8.3% against the previous month. Over the period under review, the average export prices hit record highs at $3,044 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Argentina ($5,563 per ton), while the average price for exports to the Netherlands ($1,419 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports in Hungary

In 2022, imports of sacks and bags of paper into Hungary was estimated at 194K tons, increasing by 4% against the previous year. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, paper bag imports soared to $498M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Paper Bag in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany76.886.211116128.0%
Poland39.942.253.359.214.1%
Austria66.158.156.558.8-3.8%
Slovakia27.024.934.245.819.3%
China11.932.227.541.351.4%
Romania17.113.218.921.47.8%
Czech Republic10.910.113.821.124.6%
Sweden6.010.57.714.133.0%
Croatia11.910.311.412.31.1%
Italy10.38.59.310.91.9%
France5.76.18.19.518.6%
Netherlands10.29.59.59.2-3.4%
Serbia4.84.87.67.315.0%
Others18.722.226.526.512.3%
Total31833939549816.1%

Top Suppliers of Paper Bag to Hungary in 2022:

  1. Germany (45.2K tons)
  2. Austria (28.1K tons)
  3. Poland (25.8K tons)
  4. Slovakia (24.5K tons)
  5. Romania (15.7K tons)
  6. China (10.3K tons)
  7. Czech Republic (9.3K tons)
  8. Croatia (8.2K tons)
  9. Netherlands (4.2K tons)
  10. Italy (4.1K tons)
  11. Sweden (4.1K tons)
  12. France (3.5K tons)
  13. Serbia (2.8K tons)

Paper Bag Exports in Hungary

After three years of growth, shipments abroad of sacks and bags of paper decreased by -1.7% to 153K tons in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 366%.

In value terms, paper bag exports surged to $409M in 2022. The total export value increased at an average annual rate of +12.5% from 2019 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 2021 with an increase of 17%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Paper Bag in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia52.353.268.877.914.2%
Germany44.740.138.942.2-1.9%
France27.731.133.540.413.4%
Romania28.024.232.536.28.9%
Italy17.622.929.332.722.9%
Austria15.515.320.125.117.4%
Netherlands14.114.117.322.116.2%
Ukraine9.110.012.314.817.6%
Poland10.910.112.212.75.2%
Spain3.44.37.811.248.8%
Belgium9.26.69.310.44.2%
Czech Republic4.24.55.09.832.6%
Croatia4.34.04.35.26.5%
Others46.060.061.067.913.9%
Total28730035240912.5%

Top Export Markets for Paper Bag from Hungary in 2022:

  1. Slovakia (43.3K tons)
  2. Romania (15.4K tons)
  3. Germany (11.9K tons)
  4. France (11.7K tons)
  5. Netherlands (11.5K tons)
  6. Austria (9.7K tons)
  7. Italy (7.2K tons)
  8. Ukraine (5.5K tons)
  9. Belgium (5.3K tons)
  10. Poland (4.8K tons)
  11. Czech Republic (4.7K tons)
  12. Croatia (2.8K tons)
  13. Spain (2.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper bag 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 2030.

Product coverage:

  • Prodcom 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
  • Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)
  • Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
  • Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
  • Prodcom 17211530 - Other packaging containers, including record sleeves, n.e.c.
  • Prodcom 17211550 - Box files, letter trays, storage boxes and similar articles of paper or paperboard of a kind used in offices, shops or the like

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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