Key Market Indicators
Hungary's production of cleaning compounds is projected to decline to approximately €260 million by 2028, down from €277 million in 2023. This marks an annual compound growth rate (CAGR) decrease of 1%. Since 2013, the supply of cleaning compounds in Hungary has seen an average yearly decrease of 2.2%. In 2023, Hungary ranked 13th globally in this sector, with Bulgaria surpassing it at €277 million. Leading the rankings in Europe, Spain, the United Kingdom, and Poland secured the second, third, and fourth positions, respectively.
