Paper and paperboard packing and office articles market in Hungary

Earlier Report Observations

Between 2018 and 2020, the physical volume of the Hungarian market for paper and paperboard packing and office articles expanded significantly from 397.9 thousand tonnes to 535.7 thousand tonnes. However, in value terms, the market size contracted from $810.3 million to $783.0 million over the same period, indicating a shift towards lower-value products or downward price pressure.

Domestic production in volume terms grew from 402.0 thousand tonnes to 510.6 thousand tonnes by 2020, but its value declined from $814.1 million to $740.6 million, reinforcing the trend of decreasing unit economic value across the supply chain.

Trade flows from 2018 to 2025 show import volumes peaking at 194.2 thousand tonnes in 2022 before easing to 150.4 thousand tonnes by 2025, while export volumes remained relatively stable between 132 and 152 thousand tonnes. In monetary terms, both imports and exports experienced growth until 2022-2023, followed by a moderation, reflecting broader market adjustments.

Production paper and paperboard packing and office articles in Hungary

In value, 2018-2021, M $ US

Hungary's production of paper and paperboard packaging and office articles declined for the second consecutive year. In 2020, output was valued at 740.6 million US dollars, marking a gradual contraction of 4.6% compared to the previous year. Over the period from 2018 to 2020, production decreased by 9%, with a compound annual growth rate of -3.1%.

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

In kind, 2018-2021, K t

Hungary's production of paper and paperboard packaging and office articles increased for the second consecutive year. In 2020, 510.6 thousand tonnes were produced, representing an 18.4% year-on-year rise. From 2018 to 2020, production grew by 27%, with a compound annual growth rate of 8.3%.

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

Exports paper and paperboard packing and office articles from Hungary

Exports in kind, K t

Hungary's exports of paper and paperboard packaging and office articles increased for the second consecutive year. In 2021, exports reached 151.7 thousand tonnes, up by 13.6% compared to the previous year. Between 2018 and 2021, exports rose by 11.3%, equating to an annualized rate of 3.6%. The lowest volume was recorded in 2019 at 132.7 thousand tonnes, with the largest decline of 2.6% occurring that same year.

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

From 2018 to 2021, Slovakia, Romania, and Germany remained the main buyers of paper and paperboard packaging and office articles from Hungary in volume terms. Slovakia accounted for 28.8% of exports, Romania for 12.1%, and Germany for 9.9%, collectively forming 50.8% of total exports.

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 exports of paper and paperboard packaging and office articles increased for the third consecutive year. In 2021, exports reached 342.5 million US dollars, corresponding to a substantial advance of 15.7% compared to the previous year. Between 2018 and 2021, exports grew by 23.9%, equating to an annualized rate of 7.4%.

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

During 2018–2021, Slovakia, Germany, and France were important buyers of paper and paperboard packaging and office articles from Hungary in value terms. Slovakia accounted for 19.4% of exports, Germany for 13.1%, and France for 9.6%. However, their combined share reached only 42.2% of total exports, with the remaining 57.8% distributed among many other partners.

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

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

Imports paper and paperboard packing and office articles to Hungary

Imports in kind, K t

Hungary's imports of paper and paperboard packaging and office articles increased for the third consecutive year. In 2021, imports tallied 185.4 thousand tonnes, equivalent to a significant uptick of 16.9% compared with 2020. Over the period from 2018 to 2021, imports rose by 40.4%, with a compound annual growth rate of 12.0%.

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

From 2018 to 2021, imports of paper and paperboard packaging and office articles to Hungary in volume terms were spread across many countries. Austria accounted for 21.7% of imports, Germany for 14.6%, and Poland for 12.0%, jointly representing only 48.3% 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 imports of paper and paperboard packaging and office articles increased for the third consecutive year. In 2021, imports reached 392.5 million US dollars, up by 16.0% compared with 2020. Between 2018 and 2021, imports grew by 44%, equating to an annualized rate of 12.9%.

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

Throughout 2018–2021, Germany, Austria, and Poland remained the main markets for imports of paper and paperboard packaging and office articles to Hungary in value terms. Germany accounted for 26.3% of imports, Austria for 18.2%, and Poland for 13.0%, jointly taking 57.5% 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