Key Market Indicators
Hungarian Wood Product Sales are projected to hit €1,030 million by 2028, up from €994 million in 2023. This marks a modest compound annual growth rate (CAGR) of 0.5%. Since 2013, Hungary's market has seen an average annual increase of 1.3%. As of 2023, Hungary ranked 21st in the market, with Lithuania surpassing it with sales of €994 million. In the broader European context, the United Kingdom, Italy, and Poland secured the second, third, and fourth positions, respectively, in the wood product sales ranking for 2023.