Hungary Home Appliance Industry Outlook 2022 - 2026

Key Market Indicators

Sales of home appliances in Hungary are expected to reach €1.5 billion by 2026, up 0.7% on average year-on-year from €1.4 billion in 2021. Since 2013, the Hungarian market has grown by 1.5% year-on-year. In 2021, Hungary was the 11th largest market in the region, with Romania coming ahead on €1.4 billion. Italy, Poland and France held the second, third and fourth positions respectively. Imports of home appliances to Hungary are forecast to reach $381 million by 2026, up 2.9% year-on-year from $323 million in 2021. Since 1997, demand has increased by 11.3% year-on-year. In 2021, Hungary was the 19th largest market, with Sweden overtaking on $323 million. Germany, Japan and France held the second, third and fourth positions respectively. Finally, exports of home appliances from Hungary are predicted to reach $720 million by 2026, up 2.5% year-on-year from $624 million in 2021. Since 1997, Hungarian supply has grown by 8.7% year-on-year. In 2021, Hungary was the sixth largest market, with the Netherlands overtaking on $624 million. Germany, Malaysia and the United States held the second, third and fourth positions respectively.

Hungary Home Appliance Market Data and Forecasts

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