Key Market Indicators
Hungarian stone exports are expected to reach $577 million by 2026, up from $498 million in 2021. This growth, at an average rate of 2.5% year on year, follows an upward trend since 1997, when exports increased by 6.3% year on year. In 2021, Hungary was placed 23rd in the global stone exports rankings, overtaken by Russia who clocked in at $498 million. Germany, the United States and Italy occupied the second, third and fourth place respectively. Meanwhile, Hungarian stone imports are expected to reach $450 million by 2026, up from $404 million in 2021. This 1.8% average growth year on year follows a 4.8% year on year increase since 1997. In 2021, Hungary came in 29th in the global stone imports rankings, with Brazil beating it out with $404 million. Germany, the United Kingdom and France occupied the second, third and fourth place respectively.
