Key Market Indicators
Hungary's cosmetics export and import are set to rise in the coming years. In 2021, Hungary's cosmetics export was valued at around $1.1 billion, a rise of 3.1% compared to the previous year. This marks a 6.6% rise since 1997. Hungary ranked 23rd in the world, with Brazil ahead at $928.5 million. The US, Germany and Ireland came in second, third and fourth respectively. Meanwhile, Hungary's cosmetics import is projected to reach $1.02 billion by 2026, up 2.3% year-on-year since 1997. In 2021, Hungary was 34th in the world with Denmark leading at $887.4 million. China, Germany and the UK came in second, third and fourth respectively.
