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Hungary Automotive Industry Outlook 2022 - 2026

See how Hungary Automotive performed compared to key markets.

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.

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Hungary Automotive Market Data and Forecasts

What is the size of the Hungarian Automotive Market in 2022?

Trucks Market Size Value in Hungary
Diesel Trucks (Weighing 5-20 Tonnes) Market Size Value in Hungary
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