Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary (CIF) - 2022

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $34,689 per ton in 2022, with a decrease of -14.1% against the previous year. Over the period under review, the import price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2020 an increase of 72% against the previous year. The import price peaked at $46,187 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($193,757 per ton), while the price for Italy ($9,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $17,051 per ton, increasing by 23% against the previous year. Overall, the export price continues to indicate prominent growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 103%. As a result, the export price attained the peak level of $18,852 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($30,342 per ton), while the average price for exports to Finland ($2,721 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into Hungary skyrocketed to 125 tons, jumping by 20% compared with 2021. Over the period under review, imports, however, recorded a abrupt decrease.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard rose modestly to $4.3M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,6321,3982,1681,6670.7%
Finland32725946961623.5%
Italy400354449388-1.0%
United Kingdom13.63.613.0374201.8%
France2256731302908.8%
South Korea43.5N/A49.826682.9%
Austria271378369235-4.6%
Others29942756850218.9%
Total3,2103,4924,2164,33910.6%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Hungary in 2022:

  1. Italy (41.7 tons)
  2. Germany (41.3 tons)
  3. South Korea (22.7 tons)
  4. Austria (5.2 tons)
  5. France (3.6 tons)
  6. Finland (3.2 tons)
  7. United Kingdom (3.1 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard exported from Hungary surged to 108 tons, growing by 133% on 2021 figures. Overall, exports showed a prominent increase.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard surged to $1.8M in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 198%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45861647789825.2%
United States3.57.1N/A719490.0%
MoldovaN/AN/A0.450.412500.0%
Austria82.112.85.07.3-55.4%
Finland94.710250.93.4-67.0%
RussiaN/A1,165N/AN/A0%
SerbiaN/A294N/AN/A0%
Others13195.31091566.0%
Total7702,2926431,83533.6%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Hungary in 2022:

  1. Germany (54.8 tons)
  2. United States (45.0 tons)
  3. Moldova (1.7 tons)
  4. Austria (1.7 tons)
  5. Finland (1.2 tons)

Source: IndexBox Market Intelligence Platform

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