Market research

Candles and tapers market in Hungary

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2022, the Hungarian market for candles and tapers experienced consistent growth, with the market size rising from $16.8 million to $53.0 million. The sharp increase in 2022 was supported by the expansion of factory production capacity, which enabled higher output to meet consumer demand, and the growing presence of online trade platforms that broadened product selection and accessibility.

After reaching its peak in 2022, the market volume declined to $29.4 million in 2023 and further to $22.6 million in 2024.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In kind, 2018-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production candles and tapers in Hungary

In value, 2018-2021, K $ US

Hungary's candle and taper production value has increased for the second consecutive year. In 2021, output reached 43 560 thousand US dollars, marking a 29.2% rise compared to the previous year. Over the period from 2018 to 2021, production grew by 28%, with an annual growth rate of 8.6%. The lowest value was recorded in 2019 at 27 873 thousand US dollars, which also saw the largest decline of 18.1%.

Annual dynamics of production in Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(18.1%)	20.9%	29.2%	8.6%

Source: SHEV.io

In kind, 2018-2021, t

Hungary's candle and taper production volume has increased for the second consecutive year. In 2021, 13 221 tonnes were produced, representing an 11.4% increase from 2020. Between 2018 and 2021, production rose by 17.2%, equating to an annualized growth rate of 5.4%. The lowest volume was recorded in 2019 at 9 677 tonnes, which experienced the largest decline of 14.2%. In contrast, the largest increase occurred in 2020 with a 22.6% rise.

Annual dynamics of production in Hungary in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.2%)	22.6%	11.4%	5.4%

Source: SHEV.io

Exports candles and tapers from Hungary

Exports in kind, t

Hungary's candle and taper export volume has increased for the second consecutive year. In 2021, exports totaled 22 489 tonnes, showing a significant 27.0% increase compared to the previous year. Over the period from 2018 to 2021, exports grew by 24.9%, with an annual growth rate of 7.7%. The lowest volume was recorded in 2019 at 14 879 tonnes, which also saw the largest decline of 17.3%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(17.3%)	19.0%	27.0%	7.7%

Source: SHEV.io

From 2018 to 2021, Germany, Denmark, and Austria were the main buyers of Hungarian candles and tapers by volume. Germany accounted for 63.8% of exports, Denmark for 10.0%, and Austria for 6.4%. Together, these three countries comprised 80.3% of total export volume.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Hungary in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Hungary's candle and taper export value has increased for the second consecutive year. In 2021, exports amounted to 54 962 thousand US dollars, reflecting a sharp 38.5% year-over-year improvement. Over the period from 2018 to 2021, exports grew by 38.9%, with an annual growth rate of 11.6%. The lowest value was recorded in 2019 at 32 981 thousand US dollars, which also experienced the largest decline of 16.7%.

Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(16.7%)	20.3%	38.5%	11.6%

Source: SHEV.io

From 2018 to 2021, the leading destinations for Hungarian candle and taper exports by value were Germany, Denmark, and Austria. Germany accounted for 58.7% of export value, Denmark for 11.3%, and Austria for 7.9%. Collectively, these three countries represented 77.9% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Hungary in value, 2018-2021

Source: SHEV.io

Imports candles and tapers to Hungary

Imports in kind, t

Hungary's candle and taper import volume has increased for the third consecutive year. In 2021, imports totaled 26 284 tonnes, marking an 88.9% year-over-year surge. Over the period from 2018 to 2021, imports grew by 140.8%, with an annual growth rate of 34.0%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.3%	21.1%	88.9%	34.0%

Source: SHEV.io

From 2018 to 2021, Poland and Slovakia were the primary sources of candle and taper imports to Hungary by volume. Poland accounted for 65.3% of total imports, while Slovakia contributed 15.1%. Together, these two countries made up 80.4% of import volume, with other partners accounting for the remainder.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Hungary in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Hungary's candle and taper import value has increased for the third consecutive year. In 2021, imports reached 49 866 thousand US dollars, up by 68.5% compared to the previous year. Over the period from 2018 to 2021, imports grew by 123.1%, with an annual growth rate of 30.7%.

Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.9%	26.2%	68.5%	30.7%

Source: SHEV.io

From 2018 to 2021, the main sources of candle and taper imports to Hungary by value were Poland, Germany, and Slovakia. Poland accounted for 60.3% of import value, Germany for 13.1%, and Slovakia for 10.8%. Together, these three countries comprised 84.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Hungary in value, 2018-2021

Source: SHEV.io