Market research

Metal caps and lids 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 base metal caps and lids showed a varied trajectory from 2018 to 2024. Market volume dipped slightly in 2019 to 23 767 tons before rebounding and entering a period of sustained expansion. By 2022, consumption had grown to 28 712 tons, while the market's value increased even more markedly, rising from 62.9 million USD in 2018 to a peak of 86.4 million USD in 2022.

This growth phase was supported by a strong increase in domestic production, which more than doubled from 10 933 tons in 2018 to over 20 100 tons in 2022. The market contraction in 2024 was pronounced, with volume falling to 20 580 tons and value dropping to 71.6 million USD, a level accompanied by a simultaneous decline in local output.

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 and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022, 2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2022, 2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2022, 2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2022, 2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In kind, 2018-2022, 2024, t
  2. 5.1.2. In value, 2018-2022, 2024, 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, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
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, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/t
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, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
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, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ 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 metal caps and lids in Hungary

In value, 2018-2021, K $ US

Hungary's production of metal caps and lids has increased for the third consecutive year. In 2021, the output was valued at 41 961 thousand US dollars, showing a sharp year-on-year gain of 26.1%. Between 2018 and 2021, production grew by 63.4%, with a compound annual growth rate of 17.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	26.1%	2.7%	26.1%	17.8%

Source: SHEV.io

In kind, 2018-2021, t

Hungary's production volume of metal caps and lids has risen for the third year in a row. In 2021, the country produced 17 324 tonnes, representing a modest 5.8% increase compared to 2020. From 2018 to 2021, production increased by 58.5%, equating to an annualized growth rate of 16.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	24.1%	20.6%	5.8%	16.6%

Source: SHEV.io

Exports metal caps and lids from Hungary

Exports in kind, t

Hungary's export volume of metal caps and lids has grown for the third consecutive year. In 2021, the country exported 16 813 tonnes, showing minimal change compared to the previous year. Over the period from 2018 to 2021, exports increased by 32.7%, with a compound annual growth rate of 9.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	16.5%	13.3%	0.5%	9.9%

Source: SHEV.io

From 2018 to 2021, three principal markets—Poland, Germany, and France—together accounted for 71.4% of Hungary's total exports of metal caps and lids in volume terms.

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

In 2021, Hungary's export value of metal caps and lids amounted to 55 958 thousand US dollars, marking a small rise of 1.7% versus the previous year. The maximum value was recorded in 2019 at 59 870 thousand US dollars, with the largest increase of 9.1% that year. The largest decline occurred in 2020, at 8.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.1%	(8.1%)	1.7%	0.6%

Source: SHEV.io

Between 2018 and 2021, Poland (24.7% of exports in value terms), Germany (23.7%), and South Korea (11.2%) accounted for the largest share of Hungary's exports of metal caps and lids in value terms, together comprising 59.5% of total 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 metal caps and lids to Hungary

Imports in kind, t

Hungary's import volume of metal caps and lids has increased for the second consecutive year. In 2021, import volume totalled 27 003 tonnes, up by 7.7% compared to the previous year. The minimum volume was recorded in 2019 at 24 962 tonnes, with the largest decline of 6.5% that year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.5%)	0.4%	7.7%	0.4%

Source: SHEV.io

Throughout 2018 to 2021, Germany (23.8% of imports in volume terms), France (18.9%), and Italy (15.1%) remained the main sources for Hungary's imports of metal caps and lids in volume terms, jointly taking 57.8% of total 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 import value of metal caps and lids has risen for the second consecutive year. In 2021, the country imported approximately 94 803 thousand US dollars, amounting to a solid advance of 13.2% compared to the previous year. Over the period from 2018 to 2021, imports increased by 2.9%, with a compound annual growth rate of 1.0%. The minimum value was recorded in 2019 at 80 897 thousand US dollars, with the largest decline of 12.2% that year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.2%)	3.5%	13.2%	1.0%

Source: SHEV.io

From 2018 to 2021, Germany (25.6% of imports in value terms), Italy (14.9%), and France (14.5%) remained the principal suppliers of metal caps and lids to Hungary, jointly accounting for 54.9% of total imports in value 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