Market research

Furniture fittings 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 Hungarian market for furniture fittings expanded in volume from 8 268 t in 2018 to 9 621 t in 2020, with the most significant growth occurring in 2020. In value terms, the market reached USD 46.5 million in 2020 after a slight dip the previous year.

From 2020 onward, import volumes trended downward, decreasing from 9 509 t to 7 605 t by 2025. Exports also fell sharply in 2022 to 884 t, a substantial drop from over 2 000 t in the preceding years, indicating reduced foreign sales.

Monetary data for imports and exports after 2020 show fluctuations, with import values peaking at USD 52.5 million in 2021 and export values hitting a low of USD 8.6 million in 2022. These movements reflect changing trade patterns in the furniture fittings sector.

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 kind
  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
2. 4.2. In value
  1. 4.2.1. Production, 2018-2020
  2. 4.2.2. Imports, 2018-2025
  3. 4.2.3. Exports, 2018-2025
  4. 4.2.4. Market size, 2018-2020
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In kind, 2018-2020, t
  2. 5.1.2. In value, 2018-2020, 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/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, 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/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, 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/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, 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/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, 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 furniture fittings in Hungary

In value, 2018-2021, K $ US

In 2020, Hungary's furniture fittings production was valued at 19 505 thousand US dollars, marking a 1.3% increase from 2019. The minimum value during this period was recorded in 2019 at 19 254 thousand US dollars, which also saw the largest decline of 12.4%. Overall, from 2018 to 2020, production decreased by 11.2%, with an annualized compound growth rate of 3.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.4%)	1.3%	n/a	-

Source: SHEV.io

In kind, 2018-2021, t

In 2020, Hungary produced 2 317 tonnes of furniture fittings, representing a 2.0% rise compared to 2019. The lowest production level was in 2019 at 2 271 tonnes, which experienced the most significant drop of 16.8%. Over the 2018-2020 period, production fell by 15.1%, translating to an annualized rate of 5.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(16.8%)	2.0%	n/a	-

Source: SHEV.io

Exports furniture fittings from Hungary

Exports in kind, t

Hungary's furniture fittings exports declined for the third consecutive year. In 2021, exports reached 2 084 tonnes, showing a modest 5.5% decrease from 2020. From 2018 to 2021, exports dropped by 37.7%, with an annualized rate of 14.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(13.6%)	(23.7%)	(5.5%)	(14.6%)

Source: SHEV.io

From 2018 to 2021, Germany, Russia, and Italy were the principal buyers of furniture fittings from Hungary in terms of volume. Germany accounted for 60.9% of exports, Russia for 6.1%, and Italy for 4.5%, collectively making up 71.5% of total exports.

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

After two years of decline, Hungary's furniture fittings exports increased in value. In 2021, exports totaled 21 783 thousand US dollars, up 9.8% from 2020. The lowest value was recorded in 2020 at 19 832 thousand US dollars, which saw the largest decline of 24.3%. Overall, from 2018 to 2021, exports decreased by 26.9%, with an annualized rate of 9.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.1%)	(24.3%)	9.8%	(9.9%)

Source: SHEV.io

Between 2018 and 2021, Germany, Russia, and Italy remained the leading destinations for Hungary's furniture fittings exports by value. Germany held 63.6% of exports, Russia 7.4%, and Italy 4.6%, together accounting for 75.6% 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 furniture fittings to Hungary

Imports in kind, t

After a two-year increase, Hungary's furniture fittings imports declined in volume. In 2021, imports stood at 9 381 tonnes, down 1.3% from the previous year. The peak was in 2020 at 9 509 tonnes, which also recorded the largest increase of 5.0%. From 2018 to 2021, imports grew by 5.6%, with a compound annual growth rate of 1.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.0%	5.0%	(1.3%)	1.8%

Source: SHEV.io

From 2018 to 2021, Germany, China, and Austria formed the main group of sources for Hungary's furniture fittings imports by volume. Germany contributed 35.5% of imports, China 14.1%, and Austria 12.3%, collectively representing 62.0% of total import flows.

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 furniture fittings imports increased in value for the second consecutive year. In 2021, imports amounted to 52 474 thousand US dollars, rising 12.0% year-over-year. The minimum value was in 2019 at 45 921 thousand US dollars, which experienced the largest decline of 3.0%. Over the 2018-2021 period, imports grew by 10.9%, with an annualized rate of 3.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.0%)	2.0%	12.0%	3.5%

Source: SHEV.io

Throughout 2018 to 2021, Germany, Austria, and Italy remained the main markets for Hungary's furniture fittings imports by value. Germany accounted for 46.5% of imports, Austria for 14.2%, and Italy for 8.4%, jointly taking 69.1% 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