Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary (CIF) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary (FOB) - 2022
  3. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary
  4. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary (CIF) - 2022

In December 2021, the average import price for wood amounted to $10.0 per cubic meter, surging by 5.4% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 70% month-to-month. The import price peaked at $19.8 per cubic meter in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($118 per cubic meter), while the price for Austria ($7.4 per cubic meter) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary (FOB) - 2022

In 2022, the average export price for wood amounted to $8.9 per cubic meter, almost unchanged from the previous year. In general, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $9.6 per cubic meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($60 per cubic meter), while the average price for exports to Austria ($8.1 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary

In 2022, the amount of wood imported into Hungary fell notably to 216K cubic meters, shrinking by -42.2% against the previous year's figure. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 326% against the previous year. As a result, imports reached the peak of 374K cubic meters, and then reduced sharply in the following year.

In value terms, imports of wood shrank remarkably to $2.7M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 263% against the previous year. As a result, imports reached the peak of $4.2M, and then dropped notably in the following year.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5085202,3211,30637.0%
Germany27428287055626.6%
Slovakia23919965443722.3%
Romania97.573.815115216.0%
Croatia84.626.355.894.53.8%
Czech Republic49.415.80.149.50.1%
Others38.444.016393.034.3%
Total1,2911,1604,2162,68827.7%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Hungary in 2022:

  1. Austria (106.3K cubic meters)
  2. Slovakia (44.1K cubic meters)
  3. Germany (38.0K cubic meters)
  4. Croatia (10.7K cubic meters)
  5. Romania (9.7K cubic meters)
  6. Czech Republic (5.8K cubic meters)

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary

In 2022, the amount of wood exported from Hungary declined markedly to 89K cubic meters, falling by -38.1% on the previous year's figure. Overall, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 when exports increased by 264% against the previous year. As a result, the exports attained the peak of 143K cubic meters, and then fell dramatically in the following year.

In value terms, exports of wood reduced notably to $793K in 2022. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 319% against the previous year. As a result, the exports attained the peak of $1.3M, and then shrank remarkably in the following year.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria4572731,09867714.0%
Romania31.16.251.932.01.0%
Slovakia14.86.236.522.515.0%
Croatia3.87.329.618.268.6%
Others23.712.764.443.322.2%
Total5303061,28079314.4%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Hungary in 2022:

  1. Austria (83.6K cubic meters)
  2. Croatia (2.2K cubic meters)
  3. Romania (2.2K cubic meters)
  4. Slovakia (0.4K cubic meters)

Source: IndexBox Market Intelligence Platform

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