Iron or steel towers and lattice masts market in Hungary, 2026

Earlier Report Observations

Between 2018 and 2021, the market volume for iron or steel towers and lattice masts in Hungary experienced significant shifts. In 2018, the market reached 22 255 t, supported by the global transition to renewable energy, which boosted demand for steel structures used in solar panel mounting. A sharp contraction followed in 2019, with the market falling to 9 294 t. Recovery began in 2020 as post-pandemic growth in the logistics sector increased demand for warehouse racking systems, lifting the market volume to 14 111 t. By 2021, the market stabilized at 18 490 t, while stricter safety regulations under the MSZ-EN 15635:2009 standard began influencing maintenance requirements for steel structures.

From 2022 onward, market dynamics were shaped by cost pressures and evolving demand drivers. Soaring steel prices and energy costs raised production and transportation expenses, while a downturn in the European construction machinery sector weakened demand for towers and masts used in building projects. Concurrently, the rapid expansion of digitalization and e-commerce in Hungary sustained demand for logistics and warehousing solutions, supporting the market for steel structures. By 2025, automation in warehouse logistics emerged as a key competitive factor, and regulatory measures, including reverse charge VAT rules for steel products, continued to affect market operations.

Production iron or steel towers and lattice masts in Hungary

In value, 2018-2021, K $ US

Hungary's production of iron or steel towers and lattice masts increased for the second consecutive year. In 2021, output was valued at 64 496 thousand US dollars, marking a solid 13.8% increase over the previous year. However, over the period from 2018 to 2021, production decreased by 26.5%, with a compound annual growth rate of -9.8%. The lowest value was recorded in 2019 at 52 306 thousand US dollars, which also saw the largest decline of 40.4%.

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

In kind, 2018-2021, t

Hungary's production of iron or steel towers and lattice masts increased for the second consecutive year. In 2021, 28 951 tonnes were produced, representing an abrupt 29.8% rise year-over-year. Between 2018 and 2021, production decreased by 11.1%, equating to an annualized rate of -3.8%. The lowest value was recorded in 2019 at 20 543 tonnes, which also experienced the largest decline of 36.9%.

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

Exports iron or steel towers and lattice masts from Hungary

Exports in kind, t

In 2021, Hungary's exports of iron or steel towers and lattice masts stood at 11 377 tonnes, up by 24.0% compared to the previous year. The maximum value was recorded in 2019 at 12 060 tonnes, while the minimum was in 2020 at 9 176 tonnes. The largest decline occurred in 2020, with a drop of 23.9%.

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

From 2018 to 2021, Germany consistently accounted for 72.4% of total exports in kind, indicating a high concentration on this market. The remaining share was distributed among other countries.

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

In 2021, Hungary's exports of iron or steel towers and lattice masts amounted to 30 450 thousand US dollars, up by 33.4% compared to the previous year. Over the period from 2018 to 2021, exports increased by 26.2%, with a compound annual growth rate of 8.1%. The lowest value was recorded in 2020 at 22 827 thousand US dollars, which also saw the largest decline of 11.0%.

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

From 2018 to 2021, Germany and Austria continued to lead the list of markets for exports in value terms, together accounting for 96.0% of total flows. Other partners played a supplementary role.

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

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

Imports iron or steel towers and lattice masts to Hungary

Imports in kind, t

In 2021, Hungary's imports of iron or steel towers and lattice masts registered 916 tonnes, down by 6.1% compared to 2020. Over the period from 2018 to 2021, imports decreased by 6.5%, with a compound annual growth rate of -2.2%. The lowest value was recorded in 2019 at 811 tonnes, which also experienced the largest decline of 17.2%. The largest increase occurred in 2020, with a rise of 20.2%.

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

Throughout 2018 to 2021, Austria, Slovakia, and Turkey remained the key partners for imports in kind, accounting for 38.8%, 35.2%, and 12.2% of imports, respectively. Together, they represented 86.2% 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, K $ US

In 2021, Hungary's imports of iron or steel towers and lattice masts amounted to 3 247 thousand US dollars, showing a robust drop of 11.5% year-over-year. Between 2018 and 2021, imports increased by 28.8%, equating to an annualized rate of 8.8%. The lowest value was recorded in 2019 at 2 319 thousand US dollars, while the maximum was in 2020 at 3 668 thousand US dollars. The largest increase occurred in 2020, with a rise of 58.2%.

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

Throughout 2018 to 2021, the three largest markets—Slovakia, Austria, and Italy—remained central to imports in value terms, together accounting for 80.6% 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