Key Market Indicators
Hungarian Plastic Product Sales are projected to reach €4.9 billion by 2028, a rise from €4.4 billion in 2023. This marks an average annual growth rate of 1.9%. Since 2013, the Hungarian market has consistently grown at this rate. In 2023, Hungary ranked 14th globally in plastic product sales, with Romania slightly ahead at the same figure of €4.4 billion. Italy, France, and the United Kingdom took the second, third, and fourth spots respectively in this ranking. On the export front, Hungarian Plastic Exports are forecast to hit approximately $6.4 billion by 2028, up from $5.7 billion in 2023. This reflects a compound annual growth rate (CAGR) of 2% since 1997, during which Hungarian supply has increased by an average of 2.4% annually. In terms of imports, Hungarian Plastic Imports are expected to reach around $6.9 billion by 2028, compared to $6.1 billion in 2023. This indicates an average annual growth rate of 2.2%. Since 1997, Hungarian demand for plastic imports has surged by 2.4% year on year.
