Earlier Report Observations
The Hungarian syringes market grew from $49.4 million in 2018 to $100.1 million in 2020, largely due to the implementation of strict medical waste regulations that increased the demand for safe injection devices. This regulatory environment, established in 2018, emphasized infection prevention and proper disposal, stimulating both production and consumption. The market then experienced a moderate decline to $93.1 million in 2021.
A recovery followed in 2022, with market size reaching $130.5 million and further climbing to $144.1 million in 2023. This growth was supported by shifts in consumer preferences towards higher safety standards and the introduction of updated EU price indication rules, which improved market clarity and trust. In 2024, however, the market contracted to $105 million.
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
-
4.1. Key Market Indicators
-
4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
-
4.1.1. In value
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Hungary
- 5.1.1. In kind, 2018-2024, M unit
- 5.1.2. In value, 2018-2024, M $ US
-
5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, M unit
- 5.2.2. In value, 2018-2024, M $ US
-
5.1. Production in Hungary
-
6. Exports
-
6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
-
6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
-
6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
-
6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
-
6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
-
6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
-
6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
-
6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
-
6.1. Exports (Direct Data)
-
7. Imports
-
7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
-
7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
-
7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
-
7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
-
7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
-
7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
-
7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
-
7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
-
7.1. Imports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2025
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production syringes in Hungary
In value, 2018-2021, M $ US
After two years of growth, syringe production in Hungary declined. In 2021, output was valued at 175.0 million US dollars, marking a modest 6.3% decrease compared to 2020. Production peaked in 2020 at 186.8 million US dollars. Between 2018 and 2021, production increased by 40%, which translates to an annualized growth rate of 11.9%. The largest annual increase occurred in 2019, with a 24.8% rise.
Annual dynamics of production in Hungary in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.8% | 19.8% | (6.3%) | 11.9% |
Exports syringes from Hungary
Exports in kind, t
Hungary's foreign syringe supplies increased for the third consecutive year. In 2021, exports reached 5,200 tonnes, representing an 87.1% gain compared to 2020. Between 2018 and 2021, exports grew by 126.1%, equating to an annualized rate of 31.3%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.9% | 16.3% | 87.1% | 31.3% |
From 2018 to 2021, Germany and France dominated Hungary's syringe exports in volume, together accounting for 95.1% of total flows. Other destinations contributed smaller individual shares.
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, M $ US
Syringe shipments from Hungary abroad increased for the third year in a row. In 2021, export volume amounted to 154.9 million US dollars, a 12.1% gain from the previous year. Between 2018 and 2021, exports rose by 46.9%, with an annualized growth rate of 13.7%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.3% | 12.6% | 12.1% | 13.7% |
In the period 2018–2021, France and Germany were the dominant destinations for Hungary's syringe exports in value terms, jointly capturing 94.2% of total flows. The remaining share went to other markets.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports syringes to Hungary
Imports in kind, t
Hungary imported a total of 1,000 tonnes of syringes in 2021, showing a modest 9.4% increase compared to the previous year. Over the 2018-2021 period, imports grew by 31.2%, with a compound annual growth rate of 9.5%. The largest decline was recorded in 2020 at 0.3%, while the largest increase occurred in 2019 with a 20.3% rise.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 20.3% | (0.3%) | 9.4% | 9.5% |
From 2018 to 2021, the United States, Germany, and Slovakia were the main sources of syringe imports to Hungary in volume. The United States accounted for 57.7% of imports, Germany for 12.6%, and Slovakia for 9.7%, together making up 80.0% of total imports.
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, M $ US
Hungary's syringe imports increased for the third consecutive year. In 2021, imports registered 73.0 million US dollars, which is 41.7% higher than the previous year. Between 2018 and 2021, imports surged by 143.9%, equating to an annualized rate of 34.6%.
Annual dynamics of product's imports to Hungary in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 49.0% | 15.5% | 41.7% | 34.6% |
In 2018–2021, the United States, Germany, and France led as suppliers of syringes to Hungary in value terms. The United States accounted for 24.6% of imports, Germany for 21.4%, and France for 21.1%, jointly representing 67.2% of total imports.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Hungary in value, 2018-2021
Related Reports
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.