Hinges for furniture and doors market in Hungary

Earlier Report Observations

Between 2018 and 2021, the market for hinges in Hungary expanded significantly, with volume growing from 2 546 t to 3 236 t. This rise was supported by substantial manufacturing investments, such as ADA Hungária's 17-million-euro expansion of its production facilities in 2018, which increased industrial capacity. By 2021, heightened competition and strong export activity among furniture manufacturers further contributed to the market's growth.

Market volume then contracted over the next two years, falling to 2 818 t in 2022 and 1 992 t in 2023. This decline was primarily driven by global supply chain disruptions, soaring energy costs, and a weakening Hungarian forint, which inflated production expenses and dampened demand. The tightening of metal trade regulations in 2022 also constrained the supply of key raw materials. Although the government's Otthon Start housing program launched in 2023 to stimulate the furniture sector, these economic headwinds outweighed its initial positive effect.

A modest recovery occurred in 2024, with market volume inching up to 2 050 t. Inflationary pressures began to ease, allowing consumers to adjust their focus toward durability and value-for-money. The ongoing influence of the Otthon Start program continued to underpin demand, while manufacturers adapted to evolving preferences, including a noted interest in easy-clean fabrics and personalized furniture solutions.

Production hinges for furniture and doors in Hungary

In value, 2018-2021, K $ US

In 2021, Hungary's output of hinges for furniture and doors was valued at 562.8 thousand US dollars, remaining virtually unchanged from the previous year. Over the period from 2018 to 2021, production increased by 44.2%, with a compound annual growth rate of 13.0%.

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

In kind, 2018-2021, t

In 2021, Hungary produced 218.0 tonnes of hinges for furniture and doors, showing no significant difference from 2020. From 2018 to 2021, production grew by 14.7%, with a compound annual growth rate of 4.7%.

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

Exports hinges for furniture and doors from Hungary

Exports in kind, t

Hungary's exports of hinges for furniture and doors increased for the second consecutive year in 2021, reaching 1 069 tonnes, an 8.2% rise compared to 2020. Over the 2018-2021 period, exports grew by 16.3%, with a compound annual growth rate of 5.2%. The lowest export volume was recorded in 2019 at 894 tonnes, which represented a 2.8% decline. The largest increase occurred in 2020, with a 10.6% growth.

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

Between 2018 and 2021, Hungary supplied hinges for furniture and doors to numerous markets. Even the largest destinations—Romania, Czechia, and Bulgaria—together accounted for only 48.1% of total exports in volume.

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

Hungary's export value of hinges for furniture and doors rose for the second consecutive year in 2021, reaching 11 121 thousand US dollars, a 24.4% increase from the previous year. From 2018 to 2021, exports grew by 23.2%, equating to an annualized rate of 7.2%. The lowest value was recorded in 2019 at 8 066 thousand US dollars, marking a 10.7% decline. The largest increase occurred in 2020, with a 10.6% rise.

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

During 2018-2021, Hungary traded hinges for furniture and doors with many countries. The largest destinations—Romania, Croatia, and Czechia—together represented only 41.9% 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 hinges for furniture and doors to Hungary

Imports in kind, t

In 2021, Hungary's imports of hinges for furniture and doors reached 4 087 tonnes, a moderate increase of 8.7% from the previous year. Over the 2018-2021 period, imports grew by 24.8%, with a compound annual growth rate of 7.7%. The largest decline was recorded in 2020 at 2.8%, while the largest increase occurred in 2019 with an 18.2% rise.

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

From 2018 to 2021, Germany, Austria, and China were the top contributors to Hungary's imports of hinges for furniture and doors in volume, accounting for 35.7%, 25.0%, and 9.2% of imports, respectively. Together, they represented 69.9% of total import 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

In 2021, Hungary imported approximately 32 769 thousand US dollars worth of hinges for furniture and doors, a strong increase of 21.9% compared to the previous year. Between 2018 and 2021, imports grew by 46.7%, equating to an annualized rate of 13.6%. The largest decline was recorded in 2020 at 2.3%, while the largest increase occurred in 2019 with a 23.2% rise.

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

Over the 2018-2021 period, Germany, Austria, and Poland were the primary suppliers of hinges for furniture and doors to Hungary in value terms, accounting for 37.8%, 29.5%, and 5.1% of imports, respectively. Together, they made up 72.3% of total imports in value.

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

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