Key Market Indicators
The number of vehicle registrations in Hungary is expected to reach 177,470 units by 2026. This is an increase of 1.3% year-on-year on average, compared to the 156,270 units in 2021. Since 2010, the Hungarian market has grown by 4.8% year-on-year. Meanwhile, Hungarian vehicle production is expected to reach 524,370 units by 2026, an increase of 1.9% year-on-year on average. This is compared to the 460,570 units in 2021. Since 2002, the supply of vehicles in Hungary has decreased by 2.6% year-on-year. In 2021, Hungary ranked 24th, with Romania overtaking it with 460,570 units. The United States, Japan and India were placed 2nd, 3rd and 4th respectively in this ranking.
