Concrete or artificial stone blocks and bricks market in Hungary

Earlier Report Observations

The Hungarian market for concrete or artificial stone blocks and bricks showed considerable volatility from 2018 to 2024. Consumption grew from 775 thousand tons in 2018 to a peak of 1 128 thousand tons in 2022, a period marked by strong overall expansion despite a minor setback in 2020.

This growth trend reversed sharply in 2023, with the market volume contracting by nearly a third to 760 thousand tons. A partial recovery followed in 2024, bringing consumption to 793 thousand tons.

In value terms, the market mirrored this pattern, rising from $65.9 million to a high of $109.8 million in 2022 before declining to $85.1 million by the end of the period.

Production concrete or artificial stone blocks and bricks in Hungary

In value, 2018-2021, M $ US

In 2021, Hungary's production of concrete or artificial stone blocks and bricks was valued at 101.4 million US dollars, marking a significant increase of 25.8% compared to the previous year. Over the period from 2018 to 2021, production grew by 35.2%, with an average annual growth rate of 10.6%. The largest decline occurred in 2020, when production fell by 5.6%.

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

In kind, 2018-2021, K t

In 2021, Hungary produced 1 023 thousand tons of concrete or artificial stone blocks and bricks, showing a rise of 13.9% from 2020. Between 2018 and 2021, production increased by 14.6%, which translates to an annualized growth rate of 4.7%. The largest decline was recorded in 2020, with a drop of 1.0%.

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

Exports concrete or artificial stone blocks and bricks from Hungary

Exports in kind, K t

The data shows irregular changes, indicating a volatile market environment. From 2018 to 2019, exports experienced a peak-to-trough amplitude of 3.8 times. In 2021, the volume of concrete or artificial stone blocks and bricks exported from Hungary reached 131.1 thousand tons, representing a sharp increase of 57.7% compared to 2020. The minimum value was recorded in 2019 at 41.5 thousand tons, with the largest decline that year of 73.6%. The largest increase occurred in 2020, with a rise of 100.4%.

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

From 2018 to 2021, Austria and Slovakia clearly dominated Hungary's exports of concrete or artificial stone blocks and bricks in kind, jointly accounting for 80.1% of total flows, while other countries held much smaller shares.

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

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

Exports in value, K $ US

Volatility characterized the market behavior during these years. Exports peaked in 2018 and bottomed in 2019, with a difference of 3.7 times between these years. In 2021, the value of concrete or artificial stone blocks and bricks exported from Hungary amounted to 8 625 thousand US dollars, corresponding to a sharp rise of 66.3% compared to the previous year. The minimum value was recorded in 2019 at 3 571 thousand US dollars, with the largest decline that year of 73.2%.

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

From 2018 to 2021, Austria, Slovakia, and Romania continued to be the main buyers of concrete or artificial stone blocks and bricks from Hungary in value terms. Austria accounted for 42.3% of exports, Slovakia for 26.8%, and Romania for 11.6%, jointly forming 80.6% of total exports in value terms.

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

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

Imports concrete or artificial stone blocks and bricks to Hungary

Imports in kind, K t

Hungary's imports of concrete or artificial stone blocks and bricks increased for the third consecutive year. In 2021, imports reached 61.4 thousand tons, equivalent to a modest improvement of 7.0% from the previous year. Over the period from 2018 to 2021, imports grew by 53.9%, with an average annual growth rate of 15.4%.

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

From 2018 to 2021, Slovakia, Austria, and Romania played the leading roles in Hungary's imports of concrete or artificial stone blocks and bricks in kind. Slovakia accounted for 56.8% of imports, Austria for 19.0%, and Romania for 10.9%, jointly taking 86.7% of total flows.

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

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

Imports in value, K $ US

Hungary's imports of foreign concrete or artificial stone blocks and bricks increased for the third consecutive year. In 2021, imports amounted to 8 414 thousand US dollars, corresponding to a steep gain of 56.2% compared to 2020. Between 2018 and 2021, imports increased by 99.8%, equating to an annualized growth rate of 26.0%.

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

From 2018 to 2021, Slovakia, Austria, and Romania formed the key group of partners for Hungary's imports of concrete or artificial stone blocks and bricks in value terms. Slovakia accounted for 40.3% of imports, Austria for 23.3%, and Romania for 10.2%, jointly representing 73.8% of total flows.

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

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