Market research

Liquid meters 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 liquid meters market expanded substantially between 2018 and 2023, with volume rising from 925 thousand units to 2 188 thousand units and value surging from 1.5 million USD to 15.3 million USD. This growth was initially supported by regulatory changes in 2018, including the launch of a calibration laboratory accreditation program and specific requirements for measuring instruments, which elevated quality standards and bolstered market confidence.

From 2019, the entry of new players offering fast, affordable, and accredited calibration services intensified competition, reducing calibration costs and making liquid meters more attractive to users. This coincided with growing industrial demand for flexible calibration solutions to minimize production downtime, as observed in 2021, helping sustain market expansion even as production volume experienced a slight correction in 2023.

Technological advancements further propelled the market, particularly from 2022 onward, with automation and digitalization improving calibration accuracy and efficiency. These enhancements supported a shift toward higher-value instruments, contributing significantly to the strong increase in market value over the period.

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, 2022-2023
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2018, 2022-2023
2. 4.2. In value
  1. 4.2.1. Production, 2018, 2022-2023
  2. 4.2.2. Imports, 2018-2025
  3. 4.2.3. Exports, 2018-2025
  4. 4.2.4. Market size, 2018, 2022-2023
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In kind, 2018, 2022-2023, K unit
  2. 5.1.2. In value, 2018, 2022-2023, K $ 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, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K unit
    2. 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K unit
    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/unit
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/unit
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K unit
    2. 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K unit
    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/unit
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/unit
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K unit
    2. 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K unit
    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/unit
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/unit
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K unit
    2. 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K unit
    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/unit
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  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 liquid meters in Hungary

In value, 2018-2021, K $ US

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2018-2021, K unit

Annual dynamics of production in Hungary in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports liquid meters from Hungary

Exports in kind, K unit

In 2021, Hungary exported 946,000 units of liquid meters abroad, marking a significant 26.0% increase compared to 2020. Over the period from 2018 to 2021, exports grew by 33.1%, which translates to an annualized growth rate of 10.0%. The highest export volume was recorded in 2019 at 1,186,000 units, with the largest annual increase of 67.0% occurring that year. In contrast, 2020 saw the steepest decline of 36.8%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	67.0%	(36.8%)	26.0%	10.0%

Source: SHEV.io

From 2018 to 2021, France, Germany, and Austria were the primary buyers of Hungarian liquid meters in terms of volume. France accounted for 53.1% of exports, Germany for 24.5%, and Austria for 19.5%. Together, these three countries represented 97.1% of Hungary's total liquid meter exports in kind.

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

The market for liquid meter exports in value terms exhibited volatility during the observed period. In 2021, Hungary exported liquid meters worth $14,914,000, showing a slight 1.0% decrease from the previous year. The peak value was recorded in 2019 at $32,900,000, with the largest annual increase of 132.3% occurring that year. The lowest value was in 2018, and the difference between the 2019 maximum and 2018 minimum was 2.3-fold. The most significant decline was in 2020, with a drop of 54.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	132.3%	(54.2%)	(1.0%)	1.7%

Source: SHEV.io

Between 2018 and 2021, Germany, France, and Austria consistently led as the top destinations for Hungarian liquid meter exports in value terms. Germany held 49.0% of the export value, France 28.2%, and Austria 12.0%. Collectively, these three markets accounted for 89.2% of Hungary's total liquid meter export flows in monetary terms.

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 liquid meters to Hungary

Imports in kind, K unit

Hungary's imports of liquid meters declined for the second consecutive year in 2021, with 572,000 units imported, reflecting a moderate 7.2% decrease from 2020. Over the 2018-2021 period, imports fell by 12.2%, corresponding to a compound annual growth rate of -4.2%. The highest import volume was in 2019 at 670,000 units, which saw the largest annual increase of 2.9%. The most substantial decline occurred in 2020, with an 8.0% drop.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.9%	(8.0%)	(7.2%)	(4.2%)

Source: SHEV.io

From 2018 to 2021, Italy, Austria, and Germany were the main sources for Hungary's liquid meter imports in terms of volume. Together, these three markets supplied 88.3% of Hungary's total liquid meter imports in kind.

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

In 2021, Hungary imported liquid meters valued at $5,664,000, representing a 7.1% increase compared to 2020. The lowest import value was recorded in 2020 at $5,289,000, while the peak was in 2019 at $5,861,000. The largest decline occurred in 2020, with a 9.8% decrease.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.2%	(9.8%)	7.1%	0.2%

Source: SHEV.io

Throughout 2018-2021, Italy, Germany, and China formed the core group of suppliers for Hungary's liquid meter imports in value terms. Italy accounted for 49.2% of the import value, Germany for 19.7%, and China for 15.6%. Combined, these three countries represented 84.5% of Hungary's total liquid meter import flows in monetary terms.

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