Newsprint Market Overview in Hungary
Market Overview
The Hungarian newsprint market reduced sharply to $
in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt shrinkage. The growth pace was the most rapid in 2012 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.
in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt shrinkage. The growth pace was the most rapid in 2012 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.Consumption
In 2019, consumption of newsprint decreased by -% to tonnes, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a noticeable reduction. The growth pace was the most rapid in 2012 when the consumption volume increased by % against the previous year. Newsprint consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
The revenue of the newsprint market in Hungary plummeted to $ in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt decline. The growth pace was the most rapid in 2012 when the market value increased by % year-to-year. Over the period under review, the market reached the maximum level at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
% to tonnes, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a noticeable reduction. The growth pace was the most rapid in 2012 when the consumption volume increased by % against the previous year. Newsprint consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption remained at a lower figure.The revenue of the newsprint market in Hungary plummeted to $
in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt decline. The growth pace was the most rapid in 2012 when the market value increased by % year-to-year. Over the period under review, the market reached the maximum level at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.Market Forecast
Depressed by shrinking demand for newsprint in Hungary, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .Trade Balance
Hungary remains a net importer of newsprint; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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