Folding cartons, boxes and cases of non-corrugated paper or paperboard market in Hungary

Earlier Report Observations

The market volume for folding cartons, boxes and cases of non-corrugated paper or paperboard in Hungary, measured in physical terms, increased from 114 thousand tons in 2018 to a peak of 122 thousand tons in 2021, followed by a contraction to 117 thousand tons in 2022. In value terms, the market size declined from $265 million in 2018 to $242 million in 2022, indicating a shift in pricing or product mix over the period.

Domestic production rose from 113 thousand tons in 2018 to 126 thousand tons in 2020, before receding to 117 thousand tons by 2022. During the same timeframe, exports grew steadily, while import volumes fluctuated, contributing to the overall supply dynamics on the Hungarian market.

Production folding cartons, boxes and cases of non-corrugated paper or paperboard in Hungary

In value, 2018-2021, M $ US

Hungary's production of folding cartons, boxes, and cases made from non-corrugated paper or paperboard has grown for the second year in a row. In 2021, the output was valued at 295.7 million US dollars, marking a modest increase of 2.0% compared to the previous year. Looking at the period from 2018 to 2021, production rose by 3%, with an average annual growth rate of 1.0%. The lowest value was recorded in 2019 at 268.1 million US dollars, which saw the largest decline of 6.7%. In contrast, 2020 experienced the biggest increase of 8.2%.

Annual dynamics of production in Hungary in value, 2018-2021, M $ US

In kind, 2018-2021, K t

Following two years of growth, Hungary's production volume of folding cartons, boxes, and cases made from non-corrugated paper or paperboard declined. In 2021, the country produced 118.1 thousand tonnes, representing a decrease of 6.6% from the previous year. Over the 2018-2021 period, production increased by 4.3%, translating to an annualized rate of 1.4%. The peak was reached in 2020 with 126.4 thousand tonnes, which also saw the largest increase of 9.6%.

Annual dynamics of production in Hungary in kind, 2018-2021, K t

Exports folding cartons, boxes and cases of non-corrugated paper or paperboard from Hungary

Exports in kind, t

Hungary's export volume of folding cartons, boxes, and cases made from non-corrugated paper or paperboard has risen for the third consecutive year. In 2021, the country exported 36,751 tonnes, showing a gain of 11.2% compared to the previous year. From 2018 to 2021, exports surged by 49.6%, with a compound annual growth rate of 14.4%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, t

Between 2018 and 2021, the three largest markets for Hungary's exports in kind were France, Germany, and Italy, which together accounted for 59.5% of total flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Hungary in kind, 2018-2021

Exports in value, M $ US

Hungary's export value of folding cartons, boxes, and cases made from non-corrugated paper or paperboard has increased for the third year in a row. In 2021, exports amounted to 141.6 million US dollars, reflecting a strong advance of 11.8% from 2020. Over the 2018-2021 period, exports grew by 49.8%, equating to an annualized rate of 14.4%.

Annual dynamics of product's exports from Hungary in value, 2018-2021, M $ US

From 2018 to 2021, France, Germany, and Italy were the principal destinations for Hungary's exports in value terms, with shares of 21.2%, 16.9%, and 16.1%, respectively. Together, they represented 54.2% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Hungary in value, 2018-2021

Imports folding cartons, boxes and cases of non-corrugated paper or paperboard to Hungary

Imports in kind, t

Hungary imported a total of 36,751 tonnes of folding cartons, boxes, and cases made from non-corrugated paper or paperboard in 2021, indicating an uptick of 42.5% year-over-year. Between 2018 and 2021, imports increased by 63%, with a compound annual growth rate of 17.7%. The largest decline occurred in 2020, at 3.9%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, t

Throughout 2018-2021, Austria, Poland, and Germany formed the key group of partners for Hungary's imports in kind, accounting for 30.9%, 18.7%, and 18.3% of imports, respectively. Collectively, they represented 67.8% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Hungary in kind, 2018-2021

Imports in value, M $ US

Hungary's import value of folding cartons, boxes, and cases made from non-corrugated paper or paperboard has grown for the third consecutive year. In 2021, imports stood at 100.1 million US dollars, equivalent to a limited gain of 8.3% from 2020. Over the 2018-2021 period, imports increased by 37.6%, translating to an annualized rate of 11.2%.

Annual dynamics of product's imports to Hungary in value, 2018-2021, M $ US

From 2018 to 2021, Austria, Germany, and Poland remained the leading destinations in Hungary's import structure in value terms, with shares of 28.5%, 27.5%, and 15.6%, respectively. Their combined share totaled 71.6% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Hungary in value, 2018-2021