Hungary - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hungary - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights

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Fiberboard Price in Hungary - 2023

Contents:

  1. Fiberboard Price in Hungary (FOB) - 2022
  2. Fiberboard Price in Hungary (CIF) - 2023
  3. Fiberboard Exports in Hungary
  4. Fiberboard Imports in Hungary

Fiberboard Price in Hungary (FOB) - 2022

In 2022, the average fiberboard export price amounted to $110 per cubic meter, growing by 5.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 149% against the previous year. The export price peaked at $353 per cubic meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 France ($144 per cubic meter), while the average price for exports to Romania ($73 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Price in Hungary (CIF) - 2023

The average fiberboard import price stood at $144 per cubic meter in August 2023, shrinking by -17.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 28% against the previous month. The import price peaked at $186 per cubic meter in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($210 per cubic meter), while the price for France ($65.2 per cubic meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fiberboard Exports in Hungary

After three years of growth, overseas shipments of fiber board of wood or other ligneous materials decreased by -10.2% to 1M cubic meters in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year. Over the period under review, the exports attained the maximum at 1.1M cubic meters in 2021, and then dropped in the following year.

In value terms, fiberboard exports reduced slightly to $113M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year. As a result, the exports reached the peak of $119M, and then shrank modestly in the following year.

Export of Fiberboard in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.316.021.122.711.7%
Romania14.013.017.917.47.5%
Germany6.96.111.011.518.6%
Slovakia7.97.411.511.212.3%
Serbia5.96.18.510.420.8%
Bosnia and Herzegovina3.53.75.15.919.0%
Czech Republic3.33.47.75.014.9%
South Africa2.43.44.83.715.5%
Croatia2.02.12.93.217.0%
Bulgaria2.12.23.23.215.1%
Austria1.52.43.43.026.0%
United Kingdom1.01.82.92.942.6%
Poland2.62.32.71.0-27.3%
Others12.914.516.212.1-2.1%
Total82.384.211911311.1%

Top Export Markets for Fiberboard from Hungary in 2022:

  1. Romania (237.2K cubic meters)
  2. Italy (176.9K cubic meters)
  3. Slovakia (113.2K cubic meters)
  4. Germany (86.3K cubic meters)
  5. Serbia (84.2K cubic meters)
  6. Bosnia and Herzegovina (48.6K cubic meters)
  7. Czech Republic (40.1K cubic meters)
  8. Austria (37.5K cubic meters)
  9. Croatia (34.3K cubic meters)
  10. South Africa (29.3K cubic meters)
  11. Bulgaria (23.6K cubic meters)
  12. United Kingdom (20.8K cubic meters)
  13. Poland (8.1K cubic meters)

Fiberboard Imports in Hungary

For the fourth year in a row, Hungary recorded growth in supplies from abroad of fiber board of wood or other ligneous materials, which increased by 23% to 807K cubic meters in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 646%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, fiberboard imports skyrocketed to $118M 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 +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Fiberboard in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.934.038.945.118.8%
Poland21.618.319.721.80.3%
Austria13.810.916.120.413.9%
Romania4.65.59.210.431.2%
Turkey1.72.03.14.235.2%
Italy2.81.81.53.02.3%
Belarus0.80.50.42.648.1%
Slovakia1.51.82.52.417.0%
Czech Republic1.10.91.72.124.1%
Ukraine1.61.71.91.95.9%
France0.30.90.21.363.0%
Others2.83.23.13.13.5%
Total79.581.498.311814.1%

Top Suppliers of Fiberboard to Hungary in 2022:

  1. Germany (336.7K cubic meters)
  2. Poland (140.5K cubic meters)
  3. Austria (89.7K cubic meters)
  4. Romania (78.1K cubic meters)
  5. Belarus (30.1K cubic meters)
  6. Turkey (21.9K cubic meters)
  7. Ukraine (19.1K cubic meters)
  8. Italy (18.8K cubic meters)
  9. Czech Republic (17.3K cubic meters)
  10. Slovakia (17.0K cubic meters)
  11. France (16.5K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fiberboard 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:

  • Prodcom 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
  • Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
  • Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
  • Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
  • Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
  • Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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