Metal furniture excluding office use market in Hungary

Earlier Report Observations

The Hungarian market for metal furniture excluding office use expanded from 18 321 tons in 2018 to 20 345 tons in 2020. This initial growth was supported by the presence of major manufacturers like Divian-Megafa Kft and Gyulai Fafém Bútor Zrt, and a sector composed largely of micro and small enterprises. Labor productivity, measured by revenue per employee, rose from 17.70 million HUF in 2018 to 18.91 million HUF in 2019, contributing to efficient output. The COVID-19 pandemic and global supply chain disruptions in 2020 constrained access to raw materials, which moderated the pace of expansion.

Market volume continued to rise, reaching 24 277 tons in 2022. The introduction of the EU Green Deal and sustainability requirements began reshaping material use and production processes from 2021 onward. In 2022, labor productivity jumped to 28.25 million HUF per employee, while new design trends such as chrome-finished metal legs, matte black handles, and natural wood effects stimulated consumer interest. A shift toward solvent-free adhesives, reduced formaldehyde content, and recycled materials gained traction, aligning with environmental preferences. Digitalization advanced with the growth of FAVI, an online platform aggregating over 250 home furnishing retailers, facilitating wider product access.

The market peaked at 28 008 tons in 2023, extending the upward trend. In 2024, however, volume declined to 26 111 tons, and the market value fell sharply to 72.9 million US dollars, indicating a contraction in both physical demand and average prices.

Production metal furniture not for office use in Hungary

In value, 2018-2021, K $ US

In 2021, Hungary's production of metal furniture excluding office use was valued at 47 466 thousand US dollars, marking a 16.6% increase compared to the previous year. Over the period from 2018 to 2021, production grew by 3.2%, with a compound annual growth rate of 1.1%. The maximum value was recorded in 2019 at 48 966 thousand US dollars, while the minimum occurred in 2020 at 40 714 thousand US dollars. The largest decline was observed in 2020, with a drop of 16.9%.

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

In kind, 2018-2021, t

After a two-year decline, Hungary's production of metal furniture excluding office use rebounded in 2021, reaching 6 188 tonnes, which represents an 8.9% increase from 2020. Over the period from 2018 to 2021, overall production decreased by 15.7%, with a compound annual growth rate of -5.5%. The minimum value was recorded in 2020 at 5 684 tonnes, and the largest decline occurred that same year with a 13.9% drop.

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

Exports metal furniture not for office use from Hungary

Exports in kind, t

Hungary's export volume of metal furniture excluding office use increased for the second consecutive year in 2021, reaching 6 565 tonnes, a dramatic 42.0% rise year-over-year. Over the period from 2018 to 2021, exports grew by 37.8%, with a compound annual growth rate of 11.3%. The minimum value was recorded in 2019 at 3 174 tonnes, which also saw the largest decline of 33.4%. The largest increase occurred in 2020 with a 45.7% surge.

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

From 2018 to 2021, Germany, Romania, and Slovakia were the principal buyers of metal furniture excluding office use from Hungary, accounting for 27.2%, 13.4%, and 9.6% of exports in kind, respectively. Together, these three countries represented 50.3% of total exports in kind during this period.

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 metal furniture excluding office use increased for the second consecutive year in 2021, amounting to 42 264 thousand US dollars, a sharp 68.7% rise relative to the prior year. Between 2018 and 2021, exports grew by 49.4%, equating to an annualized rate of 14.3%. The minimum value was recorded in 2019 at 19 619 thousand US dollars, which also experienced the largest decline of 30.6%.

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

The market base for Hungary's exports in value terms was broad from 2018 to 2021. Germany, Romania, and Switzerland accounted for 26.6%, 12.0%, and 7.3% of exports in value terms, respectively, jointly representing 45.9% of total flows. The remaining 54.1% was distributed among numerous other countries.

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

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

Imports metal furniture not for office use to Hungary

Imports in kind, t

Hungary's import volume of metal furniture excluding office use increased for the third consecutive year in 2021, totalling 21 116 tonnes, a 9.5% uptick compared to 2020. Between 2018 and 2021, imports grew by 34.1%, equating to an annualized rate of 10.3%.

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

From 2018 to 2021, Germany, Poland, and China formed the main cluster of markets for Hungary's imports in kind, accounting for 22.9%, 20.0%, and 17.0% of imports, respectively. Together, these three countries held a combined share of 59.9% 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

Hungary's import value of metal furniture excluding office use increased for the third consecutive year in 2021, reaching 83 640 thousand US dollars, which is 31.3% greater than in 2020. Over the period from 2018 to 2021, imports grew by 75.4%, with a compound annual growth rate of 20.6%.

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

From 2018 to 2021, Germany, Poland, and China continued to lead as the top suppliers of metal furniture excluding office use to Hungary in value terms, accounting for 27.1%, 16.6%, and 12.8% of imports, respectively. Together, these three countries accounted for 56.5% of total imports in value terms.

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

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