Table, desk, bedside or floor-standing lamps market in Hungary

Earlier Report Observations

The market for table, desk, bedside and floor-standing lamps in Hungary showed considerable volatility between 2018 and 2024. Starting at 20.9 million USD, the market size declined over the next two years, falling to 16.6 million USD by 2020. A period of recovery began in 2021, followed by a significant expansion to 21.3 million USD in 2022. This growth proved temporary, as the market contracted again to 19.5 million USD in 2023 and further to 15.9 million USD in 2024.

Key developments supported the market's growth phase. The widespread adoption of advanced, energy-efficient LED lighting, offering dimmable and color-tunable features, catered to rising consumer demand for customization and functionality from 2021 onward. This was complemented in 2022 by the emergence of new product segments, such as colorful, design-oriented lamps that also served as home decor, which broadened consumer appeal and contributed directly to the market's peak that year.

The market's evolution was also shaped by design trends and strategic expansions. The sustained market presence of major player EGLO was reinforced through new showroom openings in Budapest and Budaörs. Later, consumer preferences shifted towards dramatic oversized chandeliers, natural materials like rattan, and the layered lighting trend, guiding product development. By 2024, enhanced functionality through seamless dimming and CCT technology had become a standard expectation for modern lamps, reflecting a market driven by both aesthetic and technical refinement.

Production table, desk, bedside or floor-standing lamps in Hungary

In value, 2018-2021, K $ US

After two consecutive years of decline, Hungary's production of table, desk, bedside, and floor-standing lamps rebounded in 2021. The output was valued at 18,243 thousand US dollars, representing a modest increase of 1.3% compared to the previous year. However, looking at the broader period from 2018 to 2021, production fell significantly by 45.7%, which translates to an average annual decline of 18.4%. The lowest point was recorded in 2020 at 18,014 thousand US dollars, while the sharpest drop occurred in 2019 with a 45.0% decrease.

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

Exports table, desk, bedside or floor-standing lamps from Hungary

Exports in kind, t

In 2021, Hungary exported 2,444 tonnes of table, desk, bedside, and floor-standing lamps, marking a slight decrease of 3.1% from the previous year. Over the four-year span from 2018 to 2021, exports declined by 34.6%, with a compound annual growth rate (CAGR) of -13.2%. The most significant reduction was observed in 2019 at 33.8%, followed by a modest increase of 1.9% in 2020.

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

The export structure for table, desk, bedside, and floor-standing lamps from 2018 to 2021 shows a diversified partner base. Germany accounted for 24.8% of exports in kind, Czechia for 11.9%, and Italy for 11.6%. Together, these three countries represented 48.4% of total flows, while the remaining 51.6% was distributed across numerous smaller 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 exports of table, desk, bedside, and floor-standing lamps in value terms grew for the second year in a row in 2021, reaching 25,572 thousand US dollars. This marked a substantial increase of 10.5% compared to the previous year. Despite this recent growth, exports over the 2018-2021 period decreased by 18.9%, with a CAGR of -6.7%. The lowest value was recorded in 2019 at 20,740 thousand US dollars, which also saw the largest decline of 34.2%. In contrast, 2020 experienced an increase of 11.6%.

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

From 2018 to 2021, Italy, Germany, and Czechia were consistently the top destinations for Hungary's exports of table, desk, bedside, and floor-standing lamps in value terms. Italy led with 31.0% of exports, followed by Germany at 20.8%, and Czechia at 7.9%. Combined, these three countries accounted for 59.7% 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 table, desk, bedside or floor-standing lamps to Hungary

Imports in kind, t

Hungary's imports of table, desk, bedside, and floor-standing lamps in kind rose for the third consecutive year in 2021, with a year-over-year increase of 1.7%. Over the 2018-2021 period, imports grew by 13.1%, equating to an average annual rate of 4.2%.

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

Between 2018 and 2021, Austria, China, and Poland were the key partners for Hungary's imports of table, desk, bedside, and floor-standing lamps in kind. Austria contributed 43.6% of imports, China 26.2%, and Poland 16.0%. Together, these three countries made up 85.8% 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

Hungary's imports of table, desk, bedside, and floor-standing lamps in value terms increased for the third year in a row in 2021, totaling approximately 24,263 thousand US dollars. This represented a significant rise of 11.8% compared to the previous year. Over the 2018-2021 period, imports grew by 28.3%, with a CAGR of 8.7%.

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

From 2018 to 2021, Austria, China, and Poland remained the primary sources for Hungary's imports of table, desk, bedside, and floor-standing lamps in value terms. Austria accounted for 38.6% of imports, China for 23.9%, and Poland for 15.5%. Collectively, these three partners represented 78.0% 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