Key Market Indicators
Hungary’s natural rubber imports are expected to reach around $83 million by 2026, up from $80 million in 2021. That's an average growth rate of 0.7% year-on-year. Since 1997, Hungarian demand for natural rubber has increased by 7.1% on average every year. In 2021, Hungary was ranked 25th in the world for imports, behind Pakistan at $80 million. The United States, Malaysia and Japan ranked 2nd, 3rd and 4th respectively. Hungary’s natural rubber exports are projected to reach $695,000 in 2026, up from $643,000 in 2021. That's an average growth rate of 1.3% year-on-year. Since 1997, Hungarian exports of natural rubber have risen by 6.6% annually. In 2021, Hungary was ranked 48th in the world for exports, behind Russia at $643,000. Indonesia, Ivory Coast and Malaysia ranked 2nd, 3rd and 4th respectively.
