Earlier Report Observations
The Hungarian furniture market grew from 401.3 million US dollars in 2018 to 420.6 million US dollars in 2020. Despite supply chain disruptions in 2018 that affected raw material availability and prices, the market continued to expand. Changing consumer behavior in 2020, including a stronger role for family decision-making in furniture purchases, supported demand.
After 2020, furniture imports rose significantly, reaching 477.5 million US dollars by 2025, indicating growing domestic consumption. The expansion of local manufacturer ADA on the home market and increased demand for innovative products, such as furniture with aquaclean technology and smart features, stimulated the market. The growth of online sales also enhanced furniture accessibility for consumers.
In 2023, ongoing supply chain disruptions led to higher furniture prices, reflected in import costs. Simultaneously, market digitization and trends toward furniture repair and second-hand purchases illustrated consumer adaptation to evolving conditions, with imports continuing to climb through 2025.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2020
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4.1. In value
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5. Production
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5.1. Production in Hungary
- 5.1.1. In value, 2018-2020, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, M $ US
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5.1. Production in Hungary
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production furniture and its parts in Hungary
In value, 2018-2021, M $ US
Hungary's furniture and parts production declined for the second consecutive year. In 2020, output was valued at 396.8 million US dollars, reflecting a 0.6% decrease from the previous year. Over the 2018-2020 period, production fell by 5.8%, with a compound annual growth rate of 2.0%.
Annual dynamics of production in Hungary in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.2%) | (0.6%) | n/a | - |
Exports furniture and its parts from Hungary
Exports in kind, K t
Hungary's furniture and parts export volume increased for the second consecutive year. In 2021, exports reached 80.8 thousand tons, marking a significant 20.7% increase over the previous year. Between 2018 and 2021, exports grew by 15.3%, equating to an annualized rate of 4.9%. The lowest volume was recorded in 2019 at 65.0 thousand tons, with the largest decline of 7.3% occurring that same year.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.3%) | 3.0% | 20.7% | 4.9% |
From 2018 to 2021, Germany (55.6% of exports in kind), the United States (7.1%), and Austria (6.7%) were the leading destinations for Hungary's furniture and parts exports in kind, collectively accounting for 69.4% of total flows.
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, M $ US
Hungary's furniture and parts export value increased for the second consecutive year. In 2021, exports amounted to 380.8 million US dollars, showing a strong 21.5% rise compared to the previous year. Between 2018 and 2021, exports grew by 15.8%, equating to an annualized rate of 5.0%. The lowest value was recorded in 2019 at 306.2 million US dollars, with the largest decline of 6.8% occurring that same year.
Annual dynamics of product's exports from Hungary in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.8%) | 2.3% | 21.5% | 5.0% |
Over the 2018-2021 period, Germany (51.7% of exports in value terms), Austria (9.4%), and the United States (8.1%) remained the top destinations in Hungary's export structure by value, with a combined share of 69.3% of total flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports furniture and its parts to Hungary
Imports in kind, K t
Hungary's furniture and parts import volume increased for the third consecutive year. In 2021, imports amounted to 147.1 thousand tons, corresponding to a modest 6.3% rise compared to 2020. Between 2018 and 2021, imports grew by 21.1%, equating to an annualized rate of 6.6%.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.0% | 4.6% | 6.3% | 6.6% |
In 2018-2021, Poland (48.3% of imports in kind), Germany (14.3%), and Lithuania (5.6%) formed the main group of sources for Hungary's furniture and parts imports in kind, with a combined share of 68.2% 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, M $ US
Hungary's furniture and parts import value increased for the third consecutive year. In 2021, imports totaled 1 000.0 million US dollars, reflecting a 21.6% rise relative to the prior year. Over the 2018-2021 period, imports increased by 32.7%, with a compound annual growth rate of 9.9%.
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% | 5.8% | 21.6% | 9.9% |
In 2018-2021, Poland (35.7% of imports in value terms), Germany (21.0%), and Austria (7.5%) remained the principal suppliers of furniture and parts to Hungary, jointly accounting for 64.2% of total imports in value terms.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Hungary in value, 2018-2021
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