Market research

Plaster articles 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 plaster articles market expanded significantly from 2019 to 2023, reaching a value of USD 51.6 million. This growth was primarily driven by the COVID-19 pandemic's impact on global supply chains, which caused product shortages and pushed prices upward. Persistent inflationary pressures from rising energy and raw material costs, compounded by a weaker forint, further elevated production and import expenses, contributing to the market's higher valuation.

A modest correction followed in 2024, with the market value dipping to USD 50.4 million. This reflected a cooling in construction activity, foreshadowed by a sharp downturn in the European construction machinery market the prior year. Additionally, the strengthening of the Hungarian forint exerted a downward influence on the dollar-denominated market value, even as material and labor costs continued to rise.

By 2025, the market landscape was evolving with the active presence of new players like Uni-Gipsz Trend Kft. and a growing consumer preference for sustainable, natural plaster products aligned with biofil design trends. Regulatory changes, including new EU packaging rules and stricter market surveillance following consumer protection inspections, began to shape the operating environment for plaster articles.

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 value
  1. 4.1.1. Production, 2019, 2023-2024
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2019, 2023-2024
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In value, 2019, 2023-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. 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 t
    1. 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K 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/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, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, K 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/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, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K 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/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, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, K 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/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, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K 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 plaster articles 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

Exports plaster articles from Hungary

Exports in kind, K t

Hungary's exports of plaster articles declined after two years of growth. In 2021, exports totaled 69.9 K t, representing a significant decrease of 23.8% compared to 2020. Over the period from 2018 to 2021, exports increased by 5.2%, with a compound annual growth rate of 1.7%. The highest export volume was recorded in 2020 at 91.7 K t, while the largest annual increase occurred in 2019 at 24.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	24.5%	10.8%	(23.8%)	1.7%

Source: SHEV.io

From 2018 to 2021, Serbia, Slovakia, and Croatia remained the top buyers of plaster articles from Hungary. Serbia accounted for 37.2% of exports in kind, Slovakia for 23.7%, and Croatia for 14.5%. Together, these three countries represented 75.3% of Hungary's total plaster article exports in kind during this period.

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 foreign supplies of plaster articles declined after two years of gains. In 2021, exports amounted to 11 130 K $ US, marking a limited reduction of 4.1% compared to the previous year. Over the 2018-2021 period, exports increased by 22.5%, with a compound annual growth rate of 7.0%. The peak value was recorded in 2020 at 11 608 K $ US, and the largest annual increase was in 2019 at 20.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	20.9%	5.7%	(4.1%)	7.0%

Source: SHEV.io

Between 2018 and 2021, Serbia, Slovakia, and Croatia accounted for the largest share of Hungary's plaster article exports in value terms. Serbia represented 32.0% of exports, Slovakia 21.5%, and Croatia 10.8%. Collectively, these three countries comprised 64.3% of total export flows in value during this timeframe.

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 plaster articles to Hungary

Imports in kind, K t

Hungary's imports of plaster articles increased for the third consecutive year. In 2021, imports reached 171.8 K t, reflecting a strong gain of 15.2% compared to 2020. Between 2018 and 2021, imports grew by 29.6%, equating to an annualized rate of 9.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.7%	11.7%	15.2%	9.0%

Source: SHEV.io

From 2018 to 2021, Poland and Croatia together captured 86.9% of Hungary's total plaster article imports in kind. The remaining imports were distributed thinly across other 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

Hungary's plaster article import volume increased for the third consecutive year. In 2021, import volume stood at 29 055 K $ US, indicating a sharp rise of 31.0% compared with 2020. Over the 2018-2021 period, imports increased by 44.6%, with a compound annual growth rate of 13.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.1%	5.0%	31.0%	13.1%

Source: SHEV.io

During 2018-2021, Poland, Croatia, and Germany consistently remained the main sources for Hungary's plaster article imports in value terms. Poland accounted for 52.0% of imports, Croatia for 18.3%, and Germany for 14.7%. Together, these three countries represented 85.0% of total import flows in value.

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