Market research

Electrical push-button and rotary switches market in Hungary

Release date: Mar 30, 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

The market for electrical push-button and rotary switches in Hungary saw its value decrease slightly from 236.1 million USD in 2018 to 233.6 million USD in 2019, despite growing consumer interest in smart home technologies and modern switch designs. New product families like Schneider's Asfora series entered the market, offering enhanced functionality and value.

A sharp contraction followed in 2020, with the market size falling to 187.8 million USD. This downturn occurred alongside a noticeable industry shift towards semiconductor-based electronic switches (BJT, MOSFET, IGBT), marking a technological evolution in switching devices. In subsequent years, regulatory attention turned to safety standards, particularly for switches used in electric vehicle charging, where Type F and B residual-current devices became more prevalent, and discussions emerged on short-circuit safety for medium-voltage switchgear.

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
1. 4.1. In value
  1. 4.1.1. Production, 2018-2020
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2018-2020
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In kind, 2018-2020, K unit
  2. 5.1.2. In value, 2018-2020, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K unit
  2. 5.2.2. In value, 2018-2024, M $ 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, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ 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 electrical push-button and rotary switches in Hungary

In value, 2018-2021, M $ US

Hungary's production of electrical push-button and rotary switches declined for the second consecutive year. In 2020, output was valued at 217.3 million US dollars, marking an 8.0% year-over-year decrease. Over the period from 2018 to 2020, production fell by 16%, with a compound annual growth rate of -5.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.7%)	(8.0%)	n/a	-

Source: SHEV.io

Exports electrical push-button and rotary switches from Hungary

Exports in kind, t

After two years of decline, Hungary's exports of electrical push-button and rotary switches increased in 2021. The country exported 5,252 tonnes, showing a solid rise of 18.6% compared to the previous year. Between 2018 and 2021, exports grew by 8.8%, equating to an annualized rate of 2.8%. The lowest volume was recorded in 2020 at 4,426 tonnes, while the largest decline occurred in 2019 with a 6.0% drop.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.0%)	(2.5%)	18.6%	2.8%

Source: SHEV.io

From 2018 to 2021, Hungary's exports in kind were diversified, with Germany accounting for 32.3%, Italy for 8.9%, and Poland for 7.7% of total flows. Together, these three countries represented 48.8% of exports, and no single country held a clearly dominant position.

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, M $ US

Following a two-year decline, Hungary's export value of electrical push-button and rotary switches increased in 2021. Exports amounted to 262.9 million US dollars, an advance of 8.5% from 2020. Between 2018 and 2021, exports decreased by 7.6%, equating to an annualized rate of -2.6%. The minimum value was recorded in 2020 at 242.3 million US dollars, and the largest decline occurred in 2019 with a 9.9% drop.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(9.9%)	(5.4%)	8.5%	(2.6%)

Source: SHEV.io

Throughout 2018 to 2021, Germany, Italy, and France were the key partners for Hungary's exports in value terms. Germany accounted for 49.6%, Italy for 5.1%, and France for 4.4% of total flows, jointly representing 59.0% of exports.

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 electrical push-button and rotary switches to Hungary

Imports in kind, t

Hungary's imports of electrical push-button and rotary switches increased for the third consecutive year in 2021. Imports reached 24,306 tonnes, reflecting a gain of 10.8% relative to the prior year. Between 2018 and 2021, imports surged by 189.8%, equating to an annualized rate of 42.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	91.1%	36.9%	10.8%	42.6%

Source: SHEV.io

From 2018 to 2021, Poland, France, and Czechia were the top suppliers of electrical push-button and rotary switches to Hungary in kind. Poland accounted for 43.9%, France for 23.4%, and Czechia for 7.7% of total imports, with their combined share reaching 74.9%.

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, M $ US

After a two-year drop, Hungary's import value of electrical push-button and rotary switches increased in 2021. Import volume totalled 248.0 million US dollars, indicating an advance of 16.5% versus the previous year. Over the period from 2018 to 2021, imports decreased by 5.2%, with a compound annual growth rate of -1.8%. The minimum value was recorded in 2020 at 212.8 million US dollars, and the largest decline occurred in 2020 with a 16.1% drop.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.1%)	(16.1%)	16.5%	(1.8%)

Source: SHEV.io

In 2018 to 2021, Germany, France, and Czechia formed the main cluster of markets for Hungary's imports in value terms. Germany accounted for 32.7%, France for 14.9%, and Czechia for 8.8% of total flows, with a combined share of 56.3%.

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