Hungary Fuels Industry Outlook 2023

See how Hungary Fuels performed compared to key markets.

Key Market Indicators

**Hungarian Fuel Imports Drop 18.4% in 2023** Hungary's fuel imports have seen a significant decrease in 2023, down 18.4% from the previous year. The country imported approximately 21,760 cubic meters of fuel this year, compared to 26,650 cubic meters in 2022. This decline continues a long-term trend in Hungary's fuel demand, which has fallen by 31.8% year on year since 1966. **Fuel Exports to Decline Slightly by 2028** On the export front, Hungary's fuel exports are projected to reach 68,020 cubic meters by 2028, a slight decrease from the 70,110 cubic meters expected in 2023. This represents an average annual decline of 0.5%. Since 1972, Hungary’s fuel supply has experienced a year-on-year decline of 15.3%.

Hungary Fuels Market Data and Forecasts

How much will Hungary Fuels Market grow?

Forecast: Export of Diesel Engines for Motor Vehicles from Hungary
Forecast: Import of Diesel Engines for Motor Vehicles to Hungary

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