Hungary - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWrapping Papers Price in Hungary - 2023
Contents:
- Wrapping Papers Price in Hungary (FOB) - 2023
- Wrapping Papers Price in Hungary (CIF) - 2023
- Wrapping Papers Exports in Hungary
- Wrapping Papers Imports in Hungary
Wrapping Papers Price in Hungary (FOB) - 2023
The average wrapping papers export price stood at $1,641 per ton in June 2023, dropping by -3.8% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average export price increased by 9.6% m-o-m. The export price peaked at $2,030 per ton in October 2022; however, from November 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($2,235 per ton), while the average price for exports to Slovenia ($155 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wrapping Papers Price in Hungary (CIF) - 2023
The average wrapping papers import price stood at $1,433 per ton in June 2023, leveling off at the previous month. Over the period under review, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, wrapping papers import price decreased by -6.3% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 102% against the previous month. Over the period under review, average import prices reached the maximum at $1,530 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Romania ($2,429 per ton), while the price for Poland ($865 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Wrapping Papers Exports in Hungary
In 2022, wrapping papers exports from Hungary rose notably to 106K tons, with an increase of 12% against the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wrapping papers exports surged to $165M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Wrapping Papers in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Luxembourg | 26.5 | 43.0 | 44.6 | 69.0 | 37.6% |
Poland | 14.7 | 18.3 | 16.6 | 26.4 | 21.6% |
Germany | 35.4 | 16.8 | 11.1 | 19.0 | -18.7% |
United Kingdom | 6.1 | 5.7 | 6.0 | 11.0 | 21.7% |
Slovakia | 5.7 | 3.6 | 9.5 | 7.5 | 9.6% |
India | 7.6 | 5.8 | 7.4 | 7.3 | -1.3% |
Italy | 5.5 | 7.3 | 5.3 | 6.0 | 2.9% |
Spain | 6.5 | 4.8 | 3.2 | 5.4 | -6.0% |
Romania | 3.4 | 2.1 | 2.0 | 2.1 | -14.8% |
Austria | 1.5 | 1.1 | 1.5 | 1.4 | -2.3% |
Czech Republic | 0.4 | 0.5 | 0.3 | 0.5 | 7.7% |
Croatia | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
Others | 4.6 | 5.1 | 6.9 | 8.6 | 23.2% |
Total | 118 | 114 | 115 | 165 | 11.8% |
Top Export Markets for Wrapping Papers from Hungary in 2022:
- Luxembourg (37.7K tons)
- Poland (14.4K tons)
- Germany (9.9K tons)
- Czech Republic (6.5K tons)
- Croatia (6.5K tons)
- Slovakia (5.9K tons)
- United Kingdom (5.4K tons)
- India (4.4K tons)
- Austria (3.5K tons)
- Italy (2.9K tons)
- Spain (2.7K tons)
- Romania (1.5K tons)
Wrapping Papers Imports in Hungary
For the fourth consecutive year, Hungary recorded growth in purchases abroad of wrapping paper, packaging paper and paperboard, which increased by 17% to 122K tons in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 59%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, wrapping papers imports surged to $134M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Wrapping Papers in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 27.7 | 26.5 | 36.2 | 43.3 | 16.1% |
Germany | 11.2 | 11.7 | 12.3 | 16.2 | 13.1% |
Romania | 8.8 | 5.8 | 10.8 | 13.9 | 16.5% |
Poland | 10.9 | 7.8 | 8.9 | 12.1 | 3.5% |
Austria | 12.1 | 10.1 | 10.6 | 11.6 | -1.4% |
Bulgaria | 1.6 | 1.8 | 4.1 | 8.2 | 72.4% |
Croatia | 4.7 | 3.8 | 4.2 | 4.5 | -1.4% |
Italy | 2.6 | 1.7 | 4.0 | 2.9 | 3.7% |
Others | 16.2 | 13.0 | 17.5 | 21.0 | 9.0% |
Total | 95.8 | 82.3 | 109 | 134 | 11.8% |
Top Suppliers of Wrapping Papers to Hungary in 2022:
- Czech Republic (33.9K tons)
- Romania (23.7K tons)
- Poland (14.5K tons)
- Germany (12.3K tons)
- Austria (8.0K tons)
- Bulgaria (6.9K tons)
- Italy (5.4K tons)
- Croatia (5.2K tons)
This report provides an in-depth analysis of the wrapping papers 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:
- FCL 1621 - Wrapping papers
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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