Key Market Indicators
The export of Hungarian handbags is expected to reach 1.02 million units by 2026, up 3.2% year-on-year from 844,000 units in 2021. It has grown 1.6% annually since 2005. Meanwhile, imports of Hungarian handbags are expected to reach 190,000 units in 2026, a 2.5% year-on-year increase from 164,000 units in 2021. It has decreased by 0.7% annually since 2005. Sales of Hungarian handbags in 2019 totaled 9,090 items, down 80% from 45,530 items in 2018. Since 2006, the market has decreased by 46.8% year-on-year. Hungary ranked 16th in 2019, with Macedonia coming in first at 9,090 items. France, Spain and Romania were numbers 2, 3 and 4 respectively.
