The market size for intake air filters for internal combustion engines in Hungary was 17.264 million euros in 2023. Over the last decade, the market experienced fluctuations, with significant decreases in 2018 and 2020. Notably, the value rose by 2.85% from 2022 to 2023, continuing a moderate growth pattern after the pandemic-induced drop.
- The year-on-year variation from 2022 to 2023 was 2.85%.
- The compound annual growth rate (CAGR) over the last 5 years was -0.1%.
Looking forward, the market is likely to be influenced by trends such as the shift towards electric vehicles, which may reduce demand for traditional air filters, and technology advancements shaping new product designs and efficiencies for internal combustion engines.
