Key Market Indicators
Hungarian Metal Products Sales are projected to reach €1.87 billion by 2028, up from €1.8 billion in 2023, reflecting an average annual growth rate of 0.6%. Since 2013, the Hungarian market has seen a steady increase of 0.4% year on year. In 2023, Hungary ranked 17th in the global market, with Romania slightly ahead at €1.8 billion. Italy, France, and Poland secured the second, third, and fourth positions, respectively. On the import front, Hungarian Metal Products imports are expected to climb to $542 million by 2028, rising from $479 million in 2023. This marks an average annual growth rate of 1.9%. Since 1997, Hungary's demand for metal products has grown by an average of 2.4% per year. Exports of Hungarian Metal Products are forecasted to reach $177 million by 2028, up from $156 million in 2023, with a compound annual growth rate (CAGR) of 2%. Since 1997, Hungary's metal product exports have consistently increased by 2% year on year.
