Plastic furniture market in Hungary

Earlier Report Observations

Between 2018 and 2021, the Hungarian plastic furniture market grew steadily, with its value increasing from 19 255 thousand USD to 30 240 thousand USD. This expansion was supported by the introduction of more durable, weather-resistant designs and the emergence of new product segments, such as furniture made from recycled plastic with a rattan effect. The DIY trend gained popularity, and the shift to online shopping during the COVID-19 pandemic helped sustain demand. At the same time, growing environmental awareness led to the adoption of solvent-free adhesives and products with low formaldehyde content.

Market value peaked in 2021 before declining to 29 077 thousand USD in 2022, pressured by global raw material shortages and exchange rate volatility following the war in Ukraine. A sharp contraction followed, with the market falling to 16 404 thousand USD in 2023 and then to 9 798 thousand USD in 2024. Throughout the period, consumer preferences for easy maintenance, weather resistance, and eco‑friendly materials remained consistent features of the market.

Production plastic furniture in Hungary

In value, 2018-2021, K $ US

Hungarian plastic furniture production has grown for the third year in a row. In 2021, output reached 24 943 thousand US dollars, marking a significant 15.0% increase from the previous year. From 2018 to 2021, production rose by 62.4%, which translates to an average annual growth rate of 17.5%.

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

Exports plastic furniture from Hungary

Exports in kind, t

Hungary's plastic furniture exports have increased for the second consecutive year. In 2021, exports stood at 850 tonnes, up 19.8% from 2020. Over the 2018-2021 period, exports grew by 43.5%, with a compound annual growth rate of 12.8%. The lowest volume was recorded in 2019 at 452 tonnes, which represented a 23.7% decline from the previous year. In contrast, exports surged by 57.0% in 2020.

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

From 2018 to 2021, Czechia, Poland, and Slovakia were notable but not dominant buyers of Hungarian plastic furniture in terms of volume. Czechia accounted for 14.7% of exports, Poland for 14.5%, and Slovakia for 13.3%. Together, these three countries made up 42.5% of total export volume, with the remaining 57.5% going to various other markets.

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 plastic furniture exports in value terms have risen for the second year in a row. In 2021, exports reached 5 474 thousand US dollars, reflecting a 47.5% increase from 2020. Between 2018 and 2021, export value grew by 129.5%, with a compound annual growth rate of 31.9%. The lowest value was recorded in 2019 at 2 186 thousand US dollars, which saw an 8.3% decline from the previous year. In 2020, exports jumped by 69.8%.

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

During the 2018-2021 period, Czechia, Romania, and the United States were key buyers of Hungarian plastic furniture in value terms. Czechia represented 12.9% of export value, Romania 12.2%, and the United States 11.6%. Their combined share was 36.7% of total exports, while the remaining 63.3% was distributed among numerous other trading partners.

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

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

Imports plastic furniture to Hungary

Imports in kind, t

Hungary's plastic furniture imports have grown for the third consecutive year. In 2021, imports reached 2 764 tonnes, a 28.9% increase from 2020. From 2018 to 2021, import volume rose by 61.8%, with a compound annual growth rate of 17.4%.

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

From 2018 to 2021, Hungary's import structure for plastic furniture in volume terms was balanced rather than concentrated. Poland accounted for 15.7% of imports, Slovakia for 14.4%, and Israel for 13.9%. Together, these three countries represented 44.0% of total import volume, with the remaining 56.0% coming from many other countries.

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 plastic furniture imports in value terms have increased for the second year in a row. In 2021, imports reached 10 772 thousand US dollars, a substantial 38.3% gain compared to 2020. Between 2018 and 2021, import value grew by 71.5%, equating to an average annual rate of 19.7%. The lowest value was recorded in 2019 at 6 065 thousand US dollars, which saw a 3.4% decline from the previous year.

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

In the 2018-2021 period, Hungary's import structure for plastic furniture in value terms was highly diversified. Poland accounted for 15.2% of import value, Germany for 11.6%, and Israel for 10.9%. Together, these three countries made up only 37.7% of total imports, with the remaining 62.3% coming from a wide range of smaller markets.

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

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