Market research

Orthopaedic and fracture appliances market in Hungary

$Orthopaedic and fracture appliances market in Hungary$

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 market size for orthopaedic and fracture appliances in Hungary showed considerable volatility from 2018 to 2024. After an initial decline to $82.7 million in 2019, the market expanded sharply over the next two years, reaching $115.6 million in 2021. This peak was followed by a significant contraction in 2022, when the market fell to $91.1 million, and a further slight decrease to $84.1 million in 2023. In 2024, the market stabilized at $84.3 million.

The fluctuations in total market value were primarily driven by changes in domestic production, which mirrored the overall market trend. Production dropped in 2019, then recovered strongly in 2020 and 2021, before declining again from 2022 onward. Imports remained relatively stable throughout the period, while exports varied, partially offsetting production changes.

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 value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In value, 2018-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In value, 2018-2024, M $ 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, 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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, 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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, 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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, 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 orthopaedic and fracture appliances in Hungary

In value, 2018-2021, M $ US

Hungary's production of orthopaedic and fracture appliances grew for the second consecutive year. In 2021, output reached 111.8 million US dollars, marking a 19.9% increase compared to the previous year. Over the 2018-2021 period, production rose by 29.7%, with a compound annual growth rate of 9.1%. The lowest production value was recorded in 2019 at 75.9 million US dollars, which saw the largest decline of 11.9%. In contrast, 2020 experienced the largest increase of 22.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(11.9%)	22.7%	19.9%	9.1%

Source: SHEV.io

Exports orthopaedic and fracture appliances from Hungary

Exports in kind, t

After a two-year decline, Hungary's exports of orthopaedic and fracture appliances in kind increased in 2021, reaching 100 tonnes. This represents a gradual uptick of 4.8% from the previous year. Over the 2018-2021 period, exports decreased by 40.9%, with a compound annual growth rate of -16.1%. The lowest export volume was recorded in 2020 at 96 tonnes, which also saw the largest decline of 42.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(2.1%)	(42.4%)	4.8%	(16.1%)

Source: SHEV.io

From 2018 to 2021, Germany and Romania remained the primary destinations for Hungary's exports in kind, jointly accounting for 83.4% of total flows. Other trading partners each held significantly smaller shares.

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

Hungary's exports of orthopaedic and fracture appliances in value terms increased for the second consecutive year. In 2021, exports totaled 9 285 thousand US dollars, showing a substantial uptick of 47.5% compared to the prior year. Between 2018 and 2021, exports grew by 8.4%, equating to an annualized rate of 2.7%. The lowest export value was recorded in 2019 at 5 635 thousand US dollars, which experienced the largest decline of 34.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(34.2%)	11.7%	47.5%	2.7%

Source: SHEV.io

During 2018-2021, China, Germany, and Romania accounted for the largest shares of Hungary's exports in value terms, with China at 32.7%, Germany at 25.0%, and Romania at 6.3%. Together, these three markets comprised 63.9% of total export 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 orthopaedic and fracture appliances to Hungary

Imports in kind, t

The market for orthopaedic and fracture appliances imports in kind showed significant volatility during these years. The highest import volume was recorded in 2019 at 1 836 tonnes, while the lowest occurred in 2021 at 248 tonnes, representing a dramatic fall of 25.7% from the previous year. The peak-to-trough ratio between these years was 7.4 times. The largest decline was recorded in 2020 at 81.8%, while the largest increase occurred in 2019 at 426.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	426.1%	(81.8%)	(25.7%)	(10.8%)

Source: SHEV.io

From 2018 to 2021, Germany and China jointly absorbed 91.5% of Hungary's total imports in kind of orthopaedic and fracture appliances, with the remaining volume distributed across smaller markets.

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's imports of orthopaedic and fracture appliances in value terms reached 13 062 thousand US dollars, which is 11.5% higher than the previous year. Between 2018 and 2021, imports increased by 10.6%, equating to an annualized rate of 3.4%. The lowest import value was recorded in 2020 at 11 717 thousand US dollars, which saw the largest decline of 5.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.9%	(5.4%)	11.5%	3.4%

Source: SHEV.io

During 2018-2021, three main markets — Germany, China, and Austria — together absorbed 66.1% of Hungary's total imports in value terms of orthopaedic and fracture appliances.

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