Hungary Freight Industry Outlook 2024 - 2028

See how Hungary Freight performed compared to key markets such as China, Kazakhstan and Germany.

Key Market Indicators

Hungarian freight volume is projected to decline to roughly 54 billion tonne-kilometers by 2028, down from approximately 55 billion tonne-kilometers in 2023. This represents an average annual decrease of 0.3%. Historically, since 1975, the country's freight supply has decreased by around 1% per year. In the global rankings for 2023, Hungary stood at number 17, with Lithuania surpassing it with a freight volume of about 55 billion tonne-kilometers. Kazakhstan, Germany, and Poland occupied the second, third, and fourth spots, respectively. On the revenue front, Hungarian freight revenue is forecasted to grow to nearly €5.8 billion by 2028, up from around €5.1 billion in 2023. This growth represents an average annual increase of 2%. Since 2013, Hungary's freight market has seen an average yearly rise of 1.9%. In the 2023 revenue rankings, Hungary was positioned at number 18, with Norway overtaking it at approximately €5.1 billion. France, Poland, and Germany held the second, third, and fourth positions, respectively.

Hungary Freight Market Data and Forecasts

How much will Hungary Freight Market grow to 2028?

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