The Electric Domestic Appliances Parts market in Hungary, measured in Euros per capita, has shown fluctuations over the past years. In 2023, the value was €19.78 per capita, marking a decline from previous years. The year-on-year decrease from 2022 to 2023 was 2.5%, continuing a downward trend from 2021. Over the last five years, the market experienced a Compound Annual Growth Rate (CAGR) of -2.73%, indicating a negative growth trajectory since 2018.
Looking ahead, key trends to monitor include technological advancements in appliance efficiency, potential market saturation, and shifts in consumer preferences towards sustainable products. Sustainability factors could drive demand for innovative parts, impacting future market dynamics.
How does Hungary rank in Electric Domestic Appliances Parts Market Size Value Per Capita?
| # | 6 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 185.59 | 2023 | View data | ||
| 2 | 2 Hungary | 19.78 | 2023 | |||
| 3 | 3 France | 8.53 | 2023 | View data | ||
| 4 | 4 United Kingdom | 4.4 | 2023 | View data | ||
| 5 | 5 Denmark | 2.78 | 2023 | View data | ||
