Key Market Indicators
Hungarian imports of clothing accessories are projected to reach approximately $1.1 million by 2028, up from nearly $980,000 in 2023. This represents an average annual growth rate of 1.7%. The demand for these products in Hungary has been on an upward trajectory, increasing by 2% annually since 1997. In contrast, Hungary's exports of clothing accessories saw a significant spike in 2018, hitting $2,300, compared to $1,050 in 2017, marking an impressive growth of nearly 120%. However, the overall trend for Hungarian exports has been downward, with a year-on-year decrease of 38.5% since 1997.