Rubber inner tubes market in Hungary

Earlier Report Observations

The market for rubber inner tubes in Hungary fluctuated between 2018 and 2022, with consumption declining from 4.29 million units in 2018 to 3.84 million in 2020 before rebounding sharply to 4.72 million units in 2021. The subsequent moderation to 4.54 million units in 2022 coincided with a broader contraction in EU vehicle sales, where passenger car and commercial vehicle markets shrank by 4.6% and 14.6% respectively, reducing tire replacement demand. At the same time, cost-conscious motorists extended tire usage by an average of 20%, delaying purchases of new inner tubes.

From 2023 onward, import volumes fell significantly, dropping from 3.33 million units in 2022 to 2.26 million in 2023. This shift reflected changing consumer preferences toward all-season tires, which often do not require inner tubes. The launch of specialized products like the Michelin CrossClimate 2 SUV for urban off-roaders created new tire segments, while tire test ratings and evaluations—such as those from ADAC—increasingly guided consumer choices, emphasizing factors like economy and performance that influenced inner tube selection.

Production rubber inner tubes in Hungary

In value, 2018-2021, K $ US

Hungary's production of rubber inner tubes has increased for the second consecutive year. In 2021, output reached 14 640 thousand US dollars, marking a significant 30.0% rise compared to the previous year. Over the period from 2018 to 2021, production grew by 34%, with an average annual growth rate of 10.3%. The lowest value was recorded in 2019 at 9 458 thousand US dollars, which also saw the largest decline of 13.4%.

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

In kind, 2018-2021, K unit

Hungary's production volume of rubber inner tubes has risen for the second year in a row. In 2021, 2 391 thousand units were produced, representing a strong 24.9% increase over the previous year. From 2018 to 2021, production increased by 23.7%, with a compound annual growth rate of 7.3%. The minimum volume was recorded in 2019 at 1 722 thousand units, which also experienced the largest decline of 10.9%.

Annual dynamics of production in Hungary in kind, 2018-2021, K unit

Exports rubber inner tubes from Hungary

Exports in kind, K unit

Hungary's exports of rubber inner tubes have increased for the second consecutive year. In 2021, exports stood at 591 thousand units, up by 25.7% compared to the previous year. Between 2018 and 2021, exports grew by 28.5%, equating to an annualized rate of 8.7%. The lowest export volume was recorded in 2019 at 448 thousand units, which also saw the largest decline of 2.5%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, K unit

From 2018 to 2021, France, Canada, and Romania were the top destinations for Hungary's rubber inner tube exports in kind. France accounted for 35.1% of exports, while Canada and Romania each contributed 10.8%. Together, these three countries made up 56.7% of total export flows.

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 cross-border shipments of rubber inner tubes have increased for the second year in a row. In 2021, export value totaled 16 531 thousand US dollars, indicating a sharp gain of 37.9% year-over-year. Over the period from 2018 to 2021, exports increased by 44.1%, with a compound annual growth rate of 13.0%. The minimum value was recorded in 2019 at 10 501 thousand US dollars, which also experienced the largest decline of 8.5%.

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

From 2018 to 2021, France, Canada, and the United States were the largest contributors to Hungary's rubber inner tube exports in value terms. France accounted for 40.7% of exports, Canada for 19.1%, and the United States for 11.6%. Collectively, these three countries represented 71.3% of total export flows.

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

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

Imports rubber inner tubes to Hungary

Imports in kind, K unit

After a two-year decrease, Hungary's imports of rubber inner tubes have increased. In 2021, imports reached 2 920 thousand units, amounting to a 22.1% rise year-over-year. Between 2018 and 2021, imports grew by 3.8%, equating to an annualized rate of 1.3%. The lowest import volume was recorded in 2020 at 2 392 thousand units, which also saw the largest decline of 14.1%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, K unit

From 2018 to 2021, Germany, China, and Thailand accounted for the largest share of Hungary's rubber inner tube imports in kind. Germany contributed 27.1% of imports, China 20.9%, and Thailand 13.7%. Together, these three countries comprised 61.7% 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

After a two-year contraction, Hungary's imports of rubber inner tubes from abroad have increased. In 2021, imports totaled 4 619 thousand US dollars, reflecting a sharp gain of 29.8% over the previous year. Over the period from 2018 to 2021, imports increased by 9.6%, with a compound annual growth rate of 3.1%. The minimum value was recorded in 2020 at 3 559 thousand US dollars, which also experienced the largest decline of 14.5%.

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

From 2018 to 2021, Germany, China, and Poland were the main sources in the geographical breakdown of Hungary's rubber inner tube imports in value terms. Germany accounted for 26.2% of imports, China for 13.2%, and Poland for 12.3%. Combined, these three countries represented 51.8% of total import flows.

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

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