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Hungary Music Industry Outlook 2022 - 2026

See how Hungary Music performed compared to key markets such as Germany, the United Kingdom and France.

Key Market Indicators

Music revenue in Hungary is expected to drop by 1% year on year on average over the next five years, from €38.96 million in 2021 to €37.8 million in 2026. Since 2013, the market has grown by 2.8% annually. In 2021, Hungary placed 19th in the rankings, while the Czech Republic was ahead at €38.96 million. The United Kingdom, France and Sweden were 2nd, 3rd and 4th, respectively. Hungarian music expenditure is forecast to increase by 0.9% year on year on average from €4.37 billion in 2021 to €4.98 billion in 2026. Since 2000, demand has risen by 0.4% annually. In 2021, Hungary placed 20th in the rankings, behind Ireland at €4.37 billion. Germany, France and Italy were 2nd, 3rd and 4th, respectively.

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Hungary Music Market Data and Forecasts