Key Market Indicators
Sales of plastic packaging in Hungary are expected to reach €1.11 billion by 2026, up 1.1% year-on-year on average from 2021's €1.04 billion. Since 2013, the market has grown 0.6% annually. Hungary was ranked 9th in 2021, with Austria overtaking it at €1.04 billion. Italy, France and Spain finished in 2nd, 3rd and 4th place respectively. Imports of plastic packaging to Hungary are projected to reach $590 million by 2026, up 2.4% year-on-year on average from 2021's $513 million. Since 1997, Hungarian demand has grown 6.5% each year. The country was placed 26th in 2021, with Ireland coming in ahead at $513 million. Germany, France and Mexico finished in 2nd, 3rd and 4th place respectively. Exports of plastic packaging from Hungary are forecast to reach $788 million by 2026, up 2.4% year-on-year on average from 2021's $686 million. Since 1997, Hungarian supply has grown 6.1% annually. The country was 19th in 2021, with Switzerland coming out on top at $686 million. The United States, Germany and France finished in 2nd, 3rd and 4th place respectively.
