Key Market Indicators
Export of kitchen furniture from Hungary is set to reach €10.3 million by 2026, up 2.5% year on year. In 2021, Hungary ranked 17th in Europe, with Estonia overtaking with €8.8 million. Italy, Denmark and Spain took the top three spots in the rankings. Import of kitchen furniture to Hungary is expected to reach €16.2 million by 2026, with an average annual growth rate of 2.8%. Since 2006, Hungarian demand has increased by 8.9% year on year. In 2021, Ireland placed ahead of Hungary in the rankings, with €13.8 million. The Netherlands, Austria and Belgium took the next three spots. Sales of kitchen furniture in Hungary is projected to reach €31.7 million by 2026, with an average annual growth rate of 2.1%. Since 2006, the Hungarian market has grown by 4.5% year on year. In 2021, Bulgaria overtook Hungary in the rankings, with €28.1 million. Italy, the United Kingdom and France took the next three spots.