Key Market Indicators
Hungarian imports of household refrigerators are projected to reach $35.3 million by 2026, a 1.9% increase from the current level of $31.5 million. Since 1997, demand has grown by an average of 4.3% each year. In 2021, Hungary was the 38th largest market for imports, behind Croatia at $31.5 million. Germany, France, and the United Kingdom were ranked second, third, and fourth, respectively. Exports of household refrigerators from Hungary are expected to climb to $128.8 million by 2026, a 2.4% average annual increase from the current level of $112 million. Since 1997, Hungarian output has grown by 10.5% each year. In 2021, Russia was the largest market for exports at $112 million, while Italy, Austria, and Mexico were ranked second, third, and fourth, respectively. In 2017, sales of household refrigerators in Hungary fell 2.2% to €291.6 million from €298.1 million in 2016.
