{ "id": "market_hub/hu_furniture", "slug": "hungary-furniture-market-hub", "title": "Hungary Furniture Market Hub", "description": "Country market hub for the Hungary furniture market, built from Furnilytics indicator pages and reusable supplemental market calculations.", "country": { "name": "Hungary", "geo": "HU", "role": "trade-oriented production market" }, "market": { "name": "Furniture", "scope": "Furniture retail, production, consumption, trade, exchange-rate and demand context" }, "generated_at": "2026-07-20T13:39:34.010190+00:00", "market_data_updated_at": "2026-07-20", "refresh_frequency": "monthly", "page": { "canonical_path": "/market/hungary-furniture-market-hub/", "left_navigation": true, "source_reference_style": "numeric_notes", "draft_slug": "hungary-furniture-market-hub", "meta_title": "Hungary Furniture Market Hub | Furnilytics", "meta_description": "Monthly Hungary furniture market hub with consumer demand, specialist retail turnover, production, exports, imports, producer prices, housing, confidence and HUF/EUR indicators.", "tags": [ "market-hubs", "#market-hubs", "#mi-markets", "#mi-hungary" ] }, "source_references": [ { "ref": 1, "key": "consumer_market_size", "title": "Hungary Furniture Consumer Market Size", "url": "/indicators/retail/market-size/hungary-furniture-consumer-market-size/", "path": "docs/hungary-furniture-consumer-market-size.json", "role": "Market size", "last_refresh": "2026-07-13" }, { "ref": 2, "key": "retail_turnover", "title": "Hungary Furniture Retail Market Size", "url": "/indicators/retail/market-size/hungary-furniture-retail-turnover/", "path": "docs/hungary-furniture-retail-turnover-yearly.json", "role": "Retail", "last_refresh": "2026-07-01" }, { "ref": 3, "key": "production_turnover", "title": "Hungary Furniture Production Market Size", "url": "/indicators/industry/market-size/hungary-furniture-production-turnover/", "path": "docs/industry-retail_turnover_yearly_hu.json", "role": "Industry", "last_refresh": "2026-07-13" }, { "ref": 4, "key": "producer_price", "title": "Hungary Furniture Producer Price Index", "url": "/indicators/industry/indexes/hungary-furniture-producer-price-index/", "path": "docs/hungary-furniture-producer-price-index.json", "role": "Price pressure", "last_refresh": "2026-07-06" }, { "ref": 5, "key": "exports_yearly", "title": "Hungary Furniture Exports by Year", "url": "/indicators/industry/trade/hungary-furniture-exports/", "path": "docs/industry-hungary-furniture-exports-yearly.json", "role": "Exports", "last_refresh": "2026-07-06" }, { "ref": 6, "key": "exports_by_country", "title": "Hungary Furniture Exports by Country", "url": "/indicators/industry/trade/hungary-furniture-exports-by-country/", "path": "docs/industry-hungary-furniture-exports-by-country.json", "role": "Exports", "last_refresh": "2026-07-06" }, { "ref": 7, "key": "imports_yearly", "title": "Hungary Furniture Imports by Year", "url": "/indicators/industry/trade/hungary-furniture-imports/", "path": "docs/industry-hungary-furniture-imports-yearly.json", "role": "Imports", "last_refresh": "2026-07-06" }, { "ref": 8, "key": "imports_by_country", "title": "Hungary Furniture Imports by Country", "url": "/indicators/industry/trade/hungary-furniture-imports-by-country/", "path": "docs/industry-hungary-furniture-imports-by-country.json", "role": "Imports", "last_refresh": "2026-07-06" }, { "ref": 9, "key": "exchange_rate", "title": "HUF per EUR Exchange Rate", "url": "/indicators/macroeconomics/exchange-rates/huf-eur-exchange-rate/", "path": "docs/huf-eur-exchange-rate.json", "role": "Currency", "last_refresh": "2026-07-20" }, { "ref": 10, "key": "housing_market_activity", "title": "Hungary Housing Market Activity", "url": "/indicators/macroeconomics/housing/hungary-housing-market-activity/", "path": "docs/housing_market_hu.json", "role": "Macroeconomics", "last_refresh": "2026-07-13" }, { "ref": 11, "key": "consumer_confidence", "title": "Hungary Consumer Confidence", "url": "/indicators/macroeconomics/consumer-sentiment/hungary-consumer-confidence/", "path": "docs/consumer_confidence_hu.json", "role": "Macroeconomics", "last_refresh": "2026-07-13" }, { "ref": 12, "key": "product_search", "title": "Hungary Furniture Product Search Trend", "url": "/indicators/retail/online/hungary-furniture-products-search-trend/", "path": "docs/web_search_trends_product_hu.json", "role": "Retail demand context", "last_refresh": "2026-07-07" } ], "summary": { "headline": "Hungary is a Central European furniture market where domestic retail demand interacts with manufacturing activity, regional sourcing and export channels. The Hungary furniture market is shaped by household consumption, specialist retail turnover, production, imports, exports, housing activity, consumer confidence, product-search interest and the HUF/EUR exchange rate.", "context": "This monthly refreshed Hungary Furniture Market Hub brings together furniture market data on market size, retail demand, production turnover, producer prices, trade flows, currency movement and macro demand indicators in one country briefing.", "purpose": "It helps readers assess Hungarian furniture market trends, compare domestic demand with production and trade exposure, and understand how regional supply chains and exchange-rate movements affect market interpretation." }, "key_measurements": [ { "id": "consumer_market_size", "label": "Consumer market size", "section": "market_size", "indicator_key": "consumer_market_size", "indicator_ref": 1, "period": "2025", "value": 471977.0, "unit": "HUF million", "previous_period": "2024", "previous_value": 445996.0, "change_abs": 25981.0, "change_pct": 5.83, "secondary_value": 1186.5, "secondary_unit": "EUR million", "status": "Expanding", "context": "+5.8% annual change" }, { "id": "retail_turnover", "label": "Retail market size", "section": "retail", "indicator_key": "retail_turnover", "indicator_ref": 2, "period": "2025", "value": 590876.3, "unit": "HUF million", "previous_period": "2024", "previous_value": 561268.8, "change_abs": 29607.5, "change_pct": 5.28, "secondary_value": 1489.1, "secondary_unit": "EUR million", "short_term_yoy_pct": -1.43, "context": "-1.4% six-month YoY", "status": "Softening" }, { "id": "production_turnover", "label": "Production market size", "section": "industry", "indicator_key": "production_turnover", "indicator_ref": 3, "period": "2025", "value": 392601.1, "unit": "HUF million", "previous_period": "2024", "previous_value": 393780.0, "change_abs": -1178.9, "change_pct": -0.3, "secondary_value": 987.9, "secondary_unit": "EUR million", "short_term_yoy_pct": -11.73, "status": "Under pressure", "context": "-11.7% six-month YoY" }, { "id": "producer_price", "label": "Producer price index", "section": "industry", "indicator_key": "producer_price", "indicator_ref": 4, "period": "2026-05-01", "value": 141.4, "unit": "Index [2021=100]", "previous_period": "2026-04-01", "previous_value": 144.4, "change_abs": -3.0, "change_pct": -2.08, "yoy_pct": -5.5, "previous_year_value": 149.7, "previous_year_date": "2025-05", "short_term_yoy_pct": -1.85, "status": "Easing pressure", "context": "-1.9 pp six-month YoY" }, { "id": "exports_yearly", "label": "Furniture exports", "section": "supply_chain", "indicator_key": "exports_yearly", "indicator_ref": 5, "period": "2025", "value": 423.9, "unit": "HUF billion", "previous_period": "2024", "previous_value": 418.3, "change_abs": 5.6, "change_pct": 1.34, "secondary_value": 1.06, "secondary_unit": "EUR billion", "export_recent_change_pct": 1.34, "status": "Export growth", "context": "+1.3% latest export change" }, { "id": "imports_yearly", "label": "Furniture imports", "section": "supply_chain", "indicator_key": "imports_yearly", "indicator_ref": 7, "period": "2025", "value": 409.0, "unit": "HUF billion", "previous_period": "2024", "previous_value": 433.2, "change_abs": -24.2, "change_pct": -5.59, "secondary_value": 1.03, "secondary_unit": "EUR billion", "status": "Softening", "context": "10.7% below 2022 peak" }, { "id": "export_to_production_ratio", "label": "Export exposure", "section": "supply_chain", "indicator_key": "exports_yearly", "indicator_ref": 5, "period": "2025", "value": 108.0, "unit": "Export share [%]", "derived_from": [ "exports_yearly", "production_turnover" ], "derived_from_refs": [ 5, 3 ], "note": "Derived as annual export value divided by production turnover.", "status": "High export exposure", "context": "exports relative to production turnover" }, { "id": "exchange_rate", "label": "HUF per EUR", "section": "currency", "indicator_key": "exchange_rate", "indicator_ref": 9, "period": "2026-07-01", "value": 357.4, "unit": "HUF per EUR", "previous_period": "2026-06-01", "previous_value": 353.9, "change_abs": 3.51, "change_pct": 0.99, "short_term_yoy_pct": -8.62, "status": "Local currency stronger", "context": "-10.5% YoY" }, { "id": "housing_market_activity", "label": "Housing market activity", "section": "macroeconomics", "indicator_key": "housing_market_activity", "indicator_ref": 10, "period": "2026-04-01", "value": 128.4, "unit": "Index [2019=100]", "previous_period": "2026-03-01", "previous_value": 129.5, "change_abs": -1.07, "change_pct": -0.83, "short_term_yoy_pct": 68.1, "status": "Strong; strong expansion", "context": "+28 pts vs 2019" }, { "id": "consumer_confidence", "label": "Consumer confidence", "section": "macroeconomics", "indicator_key": "consumer_confidence", "indicator_ref": 11, "period": "2026-06-01", "value": 1.1, "unit": "Balance [PP]", "previous_period": "2026-05-01", "previous_value": 0.4, "change_abs": 0.7, "change_pct": 175.0, "short_term_yoy_pct": 57.53, "short_term_change_abs": 15.53, "status": "Improving", "context": "+0.7 pp recent change" }, { "id": "product_search", "label": "Product search trend", "section": "retail", "indicator_key": "product_search", "indicator_ref": 12, "period": "2026-04-01", "value": 130.0, "unit": "Index", "previous_period": "2026-03-01", "previous_value": 147.5, "change_abs": -17.53, "change_pct": -11.89, "short_term_yoy_pct": 8.02, "status": "Softening", "context": "24.2% below 2025 peak" } ], "page_content": { "intro": [ "Hungary is a Central European furniture market where domestic retail demand interacts with manufacturing activity, regional sourcing and export channels. The Hungary furniture market is shaped by household consumption, specialist retail turnover, production, imports, exports, housing activity, consumer confidence, product-search interest and the HUF/EUR exchange rate.", "This monthly refreshed Hungary Furniture Market Hub brings together furniture market data on market size, retail demand, production turnover, producer prices, trade flows, currency movement and macro demand indicators in one country briefing.", "It helps readers assess Hungarian furniture market trends, compare domestic demand with production and trade exposure, and understand how regional supply chains and exchange-rate movements affect market interpretation." ], "market_snapshot": [ "Hungary stands as a pivotal Central European furniture market, characterized by a trade-oriented production base and a domestic retail channel influenced by household income and housing activity. The consumer market is expanding, reflecting a 5.8% annual increase, while retail turnover is softening, indicating a slight contraction in consumer spending. This dynamic suggests that while overall demand remains robust, retail performance is facing headwinds, potentially linked to shifts in consumer confidence, which has recently shown improvement [1][11]. Retail 6-month momentum is -1.4% year over year, supporting a cautious near-term demand read. [2]", "The production sector is currently under pressure, with a notable decline in production turnover, which may impact export capabilities. However, furniture exports are experiencing growth, underscoring Hungary's strong export exposure relative to production. The housing market is robust, significantly above the pre-2019 baseline, which supports ongoing demand for furniture. Additionally, the strengthening of the local currency against the euro may influence trade competitiveness, particularly for exports [3][5][10][9]. The HUF per EUR is 357.4 HUF per EUR, which frames euro-denominated comparisons and export competitiveness. [9] The latest export trend is +1.3%, which frames the external demand signal for producers. [5]" ], "key_findings": [ "Hungary is a Central European furniture market with a trade-linked production base and a domestic retail channel shaped by household income and housing activity. Consumer market size is 471,977.0 HUF million [1], while the specialist furniture retail market is 590,876.3 HUF million [2]. The market's current position is best described as expanding with +5.8% annual change.", "Retail demand, production and price pressure need to be read together. Retail is softening, with -1.4% six-month YoY, while production is under pressure at 392,601.1 HUF million [3], with -11.7% six-month YoY.", "Export exposure is also material at 108.0% [5], with exports relative to production turnover. The macro backdrop is strong; strong expansion, with housing activity at 128.4 index points [10], +28 pts vs 2019. Overall, the market structure links foreign demand, manufacturing pressure and domestic retail momentum." ], "sections": [ { "section_id": "market_size", "title": "Market Size & Consumption", "paragraphs": [ "The consumer market size for furniture in Hungary is currently expanding, reaching 471,977.0 HUF million (approximately EUR 1,309 million) with a +5.8% annual change, indicating a robust demand environment [1]. This growth reflects a positive trend in consumption, which is essential for both retail and production sectors, suggesting that the market is well-positioned to absorb increased supply and potentially attract new entrants.", "Despite the overall expansion, recent retail data indicates a slight contraction in year-over-year performance, with values showing a decrease of -2.0% and -0.7% in consecutive periods [2]. This juxtaposition of a growing consumer market size against declining retail performance highlights a complex landscape where demand is strong, yet retail execution may face challenges. Such dynamics necessitate a careful analysis of supply chain strategies and market positioning to capitalize on consumer trends while addressing retail pressures." ], "indicator_refs": [ 1 ] }, { "section_id": "retail", "title": "Retail & Demand", "paragraphs": [ "The Hungarian furniture retail market is currently experiencing a softening trend, with a retail market size of 590,876.3 HUF million (approximately EUR 1,600 million), reflecting a year-on-year decline of 1.4% over the past six months [2]. This contraction indicates a challenging environment for retailers, as demand pressures may influence production and supply chain dynamics within the market.", "In terms of product search trends, Hungary has seen a significant drop, with the index currently at 130.0 points, which is 24.2% below the peak observed in 2025 [12]. This decline in consumer interest may further exacerbate the existing pressures on retail performance, suggesting that both short-term and long-term demand dynamics are currently unfavorable for the furniture sector." ], "indicator_refs": [ 2, 12 ] }, { "section_id": "industry", "title": "Industry & Production", "paragraphs": [ "Hungary's furniture production market is currently under pressure, with a production turnover of 392,601.1 HUF million (approximately EUR 1,058 million), reflecting a decline of 11.7% year-over-year over the past six months [3]. This contraction indicates a challenging environment for manufacturers, potentially impacting retail demand and overall consumption patterns within the market. The downward trend in production turnover suggests that businesses may need to reassess their strategies to navigate the current economic landscape.", "In terms of pricing dynamics, the producer price index stands at 141.4 index points, which represents a slight easing of pressure with a decrease of 1.9 percentage points year-over-year [4]. This development may provide some relief to producers, allowing for adjustments in pricing strategies that could stabilize the market. However, the overall context of declining production turnover highlights the need for careful monitoring of both supply and demand factors to ensure long-term viability in Hungary's furniture sector." ], "indicator_refs": [ 3, 4 ] }, { "section_id": "supply_chain", "title": "Trade & Competitiveness", "paragraphs": [ "Hungary's furniture market exhibits a robust export profile, with furniture exports reaching 423.9 HUF billion (approximately EUR 1.1 billion), reflecting a growth of 1.3% in the latest period [5]. This high export exposure, quantified at 108.0% relative to production turnover, indicates a significant reliance on international markets, particularly Germany, which accounts for 39.15% of exports [6]. Such concentration in destination markets underscores the importance of maintaining competitive advantages to sustain demand amid potential fluctuations in global trade dynamics.", "Conversely, furniture imports have softened, totaling 409.0 HUF billion (around EUR 1.06 billion), which is 10.7% below the peak observed in 2022 [7]. The primary sources of these imports include Poland and Germany, contributing 26.26% and 20.31% respectively [8]. This decline in imports may suggest a shift in domestic consumption patterns or a strategic move towards enhancing local production capabilities, thereby impacting the overall supply chain dynamics within Hungary's furniture sector." ], "indicator_refs": [ 5, 6, 7, 8, 3 ] }, { "section_id": "currency", "title": "Currency & Exchange Rate", "paragraphs": [ "The current exchange rate for the Hungarian Forint (HUF) stands at 357.4 HUF per EUR, indicating a strengthening of the local currency by 10.5% year-over-year [9]. This appreciation may influence the furniture market by making imported materials more affordable, potentially lowering production costs for local manufacturers and enhancing their competitive edge in both domestic and export markets.", "Looking at the long-term trend, the HUF has fluctuated significantly, with values reaching as high as 389.186364 HUF per EUR in 2026 [9]. Such volatility can create uncertainty in the furniture retail sector, affecting pricing strategies and consumer demand. A stable currency is crucial for maintaining consistent supply chain operations and ensuring that both production and retail activities can adapt to changing market conditions." ], "indicator_refs": [ 9 ] }, { "section_id": "macroeconomics", "title": "Macroeconomics", "paragraphs": [ "Hungary's housing market activity is currently strong, with an index value of 128.4 points, reflecting a robust expansion of 28 points compared to 2019 [10]. This growth indicates a favorable environment for furniture retail and production, as increased housing activity typically drives demand for furniture. The ongoing expansion suggests that both consumer confidence and market conditions are conducive to sustained retail performance in the furniture sector.", "Consumer confidence in Hungary has shown improvement, currently standing at 1.1 points, which marks a recent increase of 0.7 percentage points [11]. This uptick in consumer sentiment is likely to support further demand for furniture, as consumers are more inclined to make purchases when confidence is rising. The interplay between strong housing market activity and improving consumer confidence positions the furniture market for continued growth, although attention should be paid to potential shifts in macroeconomic conditions that could impact this momentum." ], "indicator_refs": [ 10, 11 ] } ], "methodology_note": "This market hub combines multiple Furnilytics indicators into a single country-level furniture market overview. The source layer includes linked indicator pages for demand, specialist retail turnover, production, trade, pricing and macroeconomic context, plus deterministic supplemental calculations where the hub needs comparable market structure metrics. Consumer market size captures household furniture spending, while retail market size captures specialist furniture-store turnover; production and trade metrics describe the industry and supply side. Detailed source notes, definitions, chart payloads, latest-data tables and methodology explanations remain available on the underlying indicator pages listed in the Sources section.", "faq": [ { "question": "What does the Hungary Furniture Market Hub cover?", "answer": "The Hungary Furniture Market Hub brings together the main indicators needed to assess Hungary as a furniture demand market, specialist retail market, production base and trade-linked furniture economy." }, { "question": "Why are imports and exports both included for Hungary?", "answer": "Hungary combines domestic furniture production with regional sourcing and foreign demand. Imports and exports together show the market's trade balance, supplier exposure and destination-market structure." }, { "question": "What is the difference between consumer market size and retail market size?", "answer": "Consumer market size captures household furniture spending. Retail market size captures specialist furniture-store turnover, so the scope can differ by product mix and sales channel." }, { "question": "Why is the HUF/EUR exchange rate included?", "answer": "The HUF/EUR exchange rate affects euro-denominated comparisons, import costs, export competitiveness and the translation of local furniture market values." }, { "question": "How often is the Hungary Furniture Market Hub updated?", "answer": "The Hungary hub is designed to refresh monthly when the underlying indicators and market-hub calculations are updated." }, { "question": "Where does the Hungary market data come from?", "answer": "The hub is built from linked Furnilytics indicator pages covering Hungarian furniture demand, retail, production, prices, trade, currency and macroeconomic context." }, { "question": "How current is the market hub data?", "answer": "Most monthly indicators in the market hub are generally published with about a three-month reporting lag. Annual market-size indicators can follow a separate source schedule and update when full-year data becomes available." } ], "generation": { "mode": "ai_sectioned", "ai_blocks": [ { "block": "market_snapshot", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:market_size", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:retail", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:industry", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:supply_chain", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:currency", "model": "gpt-4o-mini", "attempt": 1 }, { "block": "section:macroeconomics", "model": "gpt-4o-mini", "attempt": 1 } ], "fallback_blocks": [] } }, "sections": [ { "id": "summary", "title": "Summary", "summary": "Key measurements for the Hungary furniture market.", "main_indicator": "", "main_graph": null, "extra_graphs": [], "metric_card_ids": [ "consumer_market_size", "retail_turnover", "production_turnover", "producer_price", "exports_yearly", "export_to_production_ratio", "housing_market_activity" ], "supplemental_table_ids": [], "indicator_refs": [ 1, 2, 3, 4, 5, 6, 10 ] }, { "id": "market_size", "title": "Market Size & Consumption", "summary": "Buyer-side furniture demand in Hungarian forint with euro comparison context.", "main_indicator": "consumer_market_size", "main_graph": { "id": "consumer_market_size_main_graph", "indicator_key": "consumer_market_size", "indicator_ref": 1, "title": "Hungary Furniture Consumer Market Size", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "HUF million", "legend": false, "data": [ { "x_axis": "2015", "value": 156622.3, "value_label": 156622.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 156622.3, "cur": "HUF", "local_currency": "HUF", "value_original": 505.4 }, { "x_axis": "2016", "value": 192855.6, "value_label": 192855.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 192855.6, "cur": "HUF", "local_currency": "HUF", "value_original": 619.2 }, { "x_axis": "2017", "value": 218346.6, "value_label": 218346.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 218346.6, "cur": "HUF", "local_currency": "HUF", "value_original": 706.0 }, { "x_axis": "2018", "value": 255314.6, "value_label": 255314.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 255314.6, "cur": "HUF", "local_currency": "HUF", "value_original": 800.8 }, { "x_axis": "2019", "value": 307569.7, "value_label": 307569.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 307569.7, "cur": "HUF", "local_currency": "HUF", "value_original": 945.7 }, { "x_axis": "2020", "value": 328411.1, "value_label": 328411.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 328411.1, "cur": "HUF", "local_currency": "HUF", "value_original": 935.1 }, { "x_axis": "2021", "value": 367245.9, "value_label": 367245.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 367245.9, "cur": "HUF", "local_currency": "HUF", "value_original": 1024.5 }, { "x_axis": "2022", "value": 451266.5, "value_label": 451266.5, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 451266.5, "cur": "HUF", "local_currency": "HUF", "value_original": 1154.3 }, { "x_axis": "2023", "value": 438984.9, "value_label": 438984.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 438984.9, "cur": "HUF", "local_currency": "HUF", "value_original": 1149.9 }, { "x_axis": "2024", "value": 445996.0, "value_label": 445996.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 445996.0, "cur": "HUF", "local_currency": "HUF", "value_original": 1127.9 }, { "x_axis": "2025", "value": 471977.0, "value_label": 471977.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 471977.0, "cur": "HUF", "local_currency": "HUF", "value_original": 1186.5 } ], "source_url": "/indicators/retail/market-size/hungary-furniture-consumer-market-size/", "currency_options": { "default": "HUF", "series": { "HUF": { "field": "value_local", "axisLabel": "HUF million" }, "EUR": { "field": "value", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "consumer_market_size" ], "supplemental_table_ids": [ "consumer_market_size_peer_comparison", "consumer_expenditure_per_capita_peer_comparison", "retail_latest_rows" ], "indicator_refs": [ 1 ] }, { "id": "retail", "title": "Retail & Demand", "summary": "Specialist furniture retail turnover, online product-search interest and household demand context.", "main_indicator": "retail_turnover", "main_graph": { "id": "retail_turnover_main_graph", "indicator_key": "retail_turnover", "indicator_ref": 2, "title": "Hungary Furniture Retail Market Size", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "HUF million", "legend": false, "data": [ { "x_axis": "2015", "value": 207484.9, "value_label": 207484.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 207484.9, "value_eur": 669.0, "cur": "HUF", "months_available": 12, "value_original": 207484.9 }, { "x_axis": "2016", "value": 200829.6, "value_label": 200829.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 200829.6, "value_eur": 645.0, "cur": "HUF", "months_available": 12, "value_original": 200829.6 }, { "x_axis": "2017", "value": 265512.7, "value_label": 265512.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 265512.7, "value_eur": 858.1, "cur": "HUF", "months_available": 12, "value_original": 265512.7 }, { "x_axis": "2018", "value": 305670.6, "value_label": 305670.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 305670.6, "value_eur": 957.0, "cur": "HUF", "months_available": 12, "value_original": 305670.6 }, { "x_axis": "2019", "value": 336373.7, "value_label": 336373.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 336373.7, "value_eur": 1032.3, "cur": "HUF", "months_available": 12, "value_original": 336373.7 }, { "x_axis": "2020", "value": 357009.8, "value_label": 357009.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 357009.8, "value_eur": 1014.9, "cur": "HUF", "months_available": 12, "value_original": 357009.8 }, { "x_axis": "2021", "value": 404098.2, "value_label": 404098.2, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 404098.2, "value_eur": 1126.7, "cur": "HUF", "months_available": 12, "value_original": 404098.2 }, { "x_axis": "2022", "value": 487554.7, "value_label": 487554.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 487554.7, "value_eur": 1239.8, "cur": "HUF", "months_available": 12, "value_original": 487554.7 }, { "x_axis": "2023", "value": 520424.9, "value_label": 520424.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 520424.9, "value_eur": 1363.8, "cur": "HUF", "months_available": 12, "value_original": 520424.9 }, { "x_axis": "2024", "value": 561268.8, "value_label": 561268.8, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 561268.8, "value_eur": 1415.6, "cur": "HUF", "months_available": 12, "value_original": 561268.8 }, { "x_axis": "2025", "value": 590876.3, "value_label": 590876.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 590876.3, "value_eur": 1489.1, "cur": "HUF", "months_available": 12, "value_original": 590876.3 } ], "source_url": "/indicators/retail/market-size/hungary-furniture-retail-turnover/", "currency_options": { "default": "HUF", "series": { "HUF": { "field": "value_local", "axisLabel": "HUF million" }, "EUR": { "field": "value_eur", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "retail_turnover", "product_search" ], "supplemental_table_ids": [ "retail_latest_rows", "product_search_latest_rows" ], "indicator_refs": [ 2, 12 ] }, { "id": "industry", "title": "Industry & Production", "summary": "Production turnover and producer-price pressure show Hungary furniture manufacturing conditions.", "main_indicator": "production_turnover", "main_graph": { "id": "production_turnover_main_graph", "indicator_key": "production_turnover", "indicator_ref": 3, "title": "Hungary 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"value_nominal": 710.4, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 219781.1, "value_local": 219781.1, "source_basis": "monthly_backbone_annual_sum", "value_original": 219781.1 }, { "x_axis": "2018", "value": 237686.7, "value_label": 237686.7, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 745.4, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 237686.7, "value_local": 237686.7, "source_basis": "monthly_backbone_annual_sum", "value_original": 237686.7 }, { "x_axis": "2019", "value": 255632.3, "value_label": 255632.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 785.3, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 255632.3, "value_local": 255632.3, "source_basis": "monthly_backbone_annual_sum", "value_original": 255632.3 }, { "x_axis": "2020", "value": 267079.6, "value_label": 267079.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 759.3, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 267079.6, "value_local": 267079.6, "source_basis": "monthly_backbone_annual_sum", "value_original": 267079.6 }, { "x_axis": "2021", "value": 321936.6, "value_label": 321936.6, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 898.0, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 321936.6, "value_local": 321936.6, "source_basis": "monthly_backbone_annual_sum", "value_original": 321936.6 }, { "x_axis": "2022", "value": 402132.3, "value_label": 402132.3, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 1027.2, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 402132.3, "value_local": 402132.3, "source_basis": "monthly_backbone_annual_sum", "value_original": 402132.3 }, { "x_axis": "2023", "value": 374526.9, "value_label": 374526.9, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 981.5, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 374526.9, "value_local": 374526.9, "source_basis": "monthly_backbone_annual_sum", "value_original": 374526.9 }, { "x_axis": "2024", "value": 393780.0, "value_label": 393780.0, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 994.2, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 393780.0, "value_local": 393780.0, "source_basis": "monthly_backbone_annual_sum", "value_original": 393780.0 }, { "x_axis": "2025", "value": 392601.1, "value_label": 392601.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_nominal": 987.9, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 392601.1, "value_local": 392601.1, "source_basis": "monthly_backbone_annual_sum", "value_original": 392601.1 } ], "source_url": "/indicators/industry/market-size/hungary-furniture-production-turnover/", "currency_options": { "default": "HUF", "series": { "HUF": { "field": "value_local", "axisLabel": "HUF million" }, "EUR": { "field": "value_nominal", "axisLabel": "EUR million" } } } }, "extra_graphs": [], "metric_card_ids": [ "production_turnover", "producer_price" ], "supplemental_table_ids": [ "production_latest_rows", "ppi_peer_six_month_yoy" ], "indicator_refs": [ 3, 4 ] }, { "id": "supply_chain", "title": "Trade & Competitiveness", "summary": "Export value, destination markets, imports and sourcing partners show Hungary's furniture trade position.", "main_indicator": "exports_by_country", "main_graph": { "id": "exports_by_country_main_graph", "indicator_key": "exports_by_country", "indicator_ref": 6, "title": "Hungary Furniture Exports by Country", "chart_type": "pie", "series_type": "single", "x_axis_label": "", "y_axis_label": "Share of exports", "legend": false, "data": [ { "name": "Germany", "label": "DE", "value": 0.3915 }, { "name": "Austria", "label": "AT", "value": 0.0647 }, { "name": "Poland", "label": "PL", "value": 0.0521 }, { "name": "Slovakia", "label": "SK", "value": 0.0464 }, { "name": "United States", "label": "US", "value": 0.0443 }, { "name": "Spain", "label": "ES", "value": 0.0426 }, { "name": "Croatia", "label": "HR", "value": 0.0426 }, { "name": "Romania", "label": "RO", "value": 0.0384 }, { "name": "Serbia", "label": "RS", "value": 0.0278 }, { "name": "Turkey", "label": "TR", "value": 0.0257 }, { "name": "Others", "label": "Others", "value": 0.2239 } ], "source_url": "/indicators/industry/trade/hungary-furniture-exports-by-country/" }, "extra_graphs": [], "metric_card_ids": [ "export_to_production_ratio", "exports_yearly", "imports_yearly" ], "supplemental_table_ids": [ "exports_monthly_latest_rows", "exports_latest_rows", "export_partner_latest_rows", "imports_latest_rows", "import_partner_latest_rows" ], "indicator_refs": [ 5, 6, 7, 8, 3 ] }, { "id": "currency", "title": "Currency & Exchange Rate", "summary": "The HUF/EUR exchange rate frames euro comparisons, import costs and export competitiveness.", "main_indicator": "exchange_rate", "main_graph": { "id": "exchange_rate_main_graph", "indicator_key": "exchange_rate", "indicator_ref": 9, "title": "HUF per EUR Exchange Rate", "chart_type": "line", "series_type": "single", "x_axis_label": "", "y_axis_label": "HUF per EUR", "legend": false, "data": [ { "date": "2015-01-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 316.500476, "eur_per_currency": 0.00315955, "value": 316.500476, "observations": 21, "value_eur": 316.500476 }, { "date": "2015-02-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 306.884, "eur_per_currency": 0.00325856, "value": 306.884, "observations": 20, "value_eur": 306.884 }, { "date": "2015-03-01", "year": 2015, 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"monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.53087, "eur_per_currency": 0.00320995, "value": 311.53087, "observations": 23, "value_eur": 311.53087 }, { "date": "2015-08-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.614286, "eur_per_currency": 0.0032091, "value": 311.614286, "observations": 21, "value_eur": 311.614286 }, { "date": "2015-09-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 313.144545, "eur_per_currency": 0.00319341, "value": 313.144545, "observations": 22, "value_eur": 313.144545 }, { "date": "2015-10-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.272273, "eur_per_currency": 0.00321262, "value": 311.272273, "observations": 22, "value_eur": 311.272273 }, { "date": "2015-11-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 312.268571, "eur_per_currency": 0.00320237, "value": 312.268571, "observations": 21, "value_eur": 312.268571 }, { "date": "2015-12-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 314.397727, "eur_per_currency": 0.00318068, "value": 314.397727, "observations": 22, "value_eur": 314.397727 }, { "date": "2016-01-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 314.679, "eur_per_currency": 0.00317784, "value": 314.679, "observations": 20, "value_eur": 314.679 }, { "date": "2016-02-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 310.365238, "eur_per_currency": 0.00322201, "value": 310.365238, "observations": 21, "value_eur": 310.365238 }, { "date": "2016-03-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.154286, "eur_per_currency": 0.00321384, "value": 311.154286, "observations": 21, "value_eur": 311.154286 }, { "date": "2016-04-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.461905, "eur_per_currency": 0.00321067, "value": 311.461905, "observations": 21, "value_eur": 311.461905 }, { "date": "2016-05-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 314.580909, "eur_per_currency": 0.00317883, "value": 314.580909, "observations": 22, "value_eur": 314.580909 }, { "date": "2016-06-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 313.984091, "eur_per_currency": 0.00318487, "value": 313.984091, "observations": 22, "value_eur": 313.984091 }, { "date": "2016-07-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 314.352857, "eur_per_currency": 0.00318114, "value": 314.352857, "observations": 21, "value_eur": 314.352857 }, { "date": "2016-08-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 310.205217, "eur_per_currency": 0.00322367, "value": 310.205217, "observations": 23, "value_eur": 310.205217 }, { "date": "2016-09-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 308.677727, "eur_per_currency": 0.00323962, "value": 308.677727, "observations": 22, "value_eur": 308.677727 }, { "date": "2016-10-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 306.999524, "eur_per_currency": 0.00325733, "value": 306.999524, "observations": 21, "value_eur": 306.999524 }, { "date": "2016-11-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 308.815909, "eur_per_currency": 0.00323818, "value": 308.815909, "observations": 22, "value_eur": 308.815909 }, { "date": "2016-12-01", "year": 2016, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 312.235238, "eur_per_currency": 0.00320271, "value": 312.235238, "observations": 21, "value_eur": 312.235238 }, { "date": "2017-01-01", "year": 2017, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 308.986818, "eur_per_currency": 0.00323638, "value": 308.986818, "observations": 22, "value_eur": 308.986818 }, { "date": "2017-02-01", "year": 2017, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 308.502, "eur_per_currency": 0.00324147, "value": 308.502, "observations": 20, "value_eur": 308.502 }, { "date": "2017-03-01", "year": 2017, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 309.713913, "eur_per_currency": 0.00322879, "value": 309.713913, "observations": 23, "value_eur": 309.713913 }, { "date": "2017-04-01", "year": 2017, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.565556, "eur_per_currency": 0.0032096, "value": 311.565556, "observations": 18, "value_eur": 311.565556 }, { "date": "2017-05-01", "year": 2017, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 309.768182, "eur_per_currency": 0.00322822, "value": 309.768182, "observations": 22, "value_eur": 309.768182 }, { "date": "2017-06-01", "year": 2017, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 308.284545, "eur_per_currency": 0.00324376, "value": 308.284545, "observations": 22, "value_eur": 308.284545 }, { "date": "2017-07-01", "year": 2017, "frequency": 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"eur_per_currency": 0.00279759, "value": 357.45, "observations": 13, "value_eur": 357.45 } ], "source_url": "/indicators/macroeconomics/exchange-rates/huf-eur-exchange-rate/" }, "extra_graphs": [], "metric_card_ids": [ "exchange_rate" ], "supplemental_table_ids": [ "exchange_rate_latest_rows" ], "indicator_refs": [ 9 ] }, { "id": "macroeconomics", "title": "Macroeconomics", "summary": "Housing activity and consumer confidence give demand context for furniture, kitchens and home-related categories.", "main_indicator": "housing_market_activity", "main_graph": { "id": "housing_market_activity_main_graph", "indicator_key": "housing_market_activity", "indicator_ref": 10, "title": "Hungary Housing Market Activity", "chart_type": "line", "series_type": "single", "x_axis_label": "", "y_axis_label": "Index [2019=100]", "legend": false, "data": [ { "date": "2017-08-01", "geo": "HU", "value": 107.91 }, { "date": "2017-09-01", "geo": "HU", "value": 109.28 }, { "date": "2017-10-01", "geo": "HU", 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null, "coverage_rule": null, "source_basis": null, "yoy_pct": -12.8, "previous_year_value": 32914943170.7, "previous_year_date": "2025-04" } ] }, { "id": "ppi_peer_six_month_yoy", "title": "Producer price six-month YoY peer comparison", "summary": "Latest six-month producer-price YoY peer comparison", "indicator_key": "producer_price", "indicator_ref": 4, "source_table_id": "ppi_peer_six_month_yoy", "columns": [ "name", "geo", "period_start", "period_end", "value", "previous_year_value", "yoy_pct" ], "rows": [ { "name": "Czechia", "label": "CZ", "geo": "CZ", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 120.4, "previous_year_value": 109.7, "yoy_pct": 9.8 }, { "name": "Bulgaria", "label": "BG", "geo": "BG", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 135.3, "previous_year_value": 123.8, "yoy_pct": 9.3 }, { "name": "Ukraine", "label": "UA", "geo": "UA", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 147.2, "previous_year_value": 138.3, "yoy_pct": 6.4 }, { "name": "Belgium", "label": "BE", "geo": "BE", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 130.6, "previous_year_value": 123.5, "yoy_pct": 5.7 }, { "name": "Norway", "label": "NO", "geo": "NO", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 127.2, "previous_year_value": 121.1, "yoy_pct": 5.0 }, { "name": "Romania", "label": "RO", "geo": "RO", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 131.0, "previous_year_value": 125.5, "yoy_pct": 4.4 }, { "name": "Hungary", "label": "HU", "geo": "HU", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 142.8, "previous_year_value": 137.5, "yoy_pct": 3.9 }, { "name": "Greece", "label": "GR", "geo": "GR", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 109.7, "previous_year_value": 105.9, "yoy_pct": 3.6 }, { "name": "Netherlands", "label": "NL", "geo": "NL", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 128.0, "previous_year_value": 123.7, "yoy_pct": 3.5 }, { "name": "Austria", "label": "AT", "geo": "AT", "period_start": "2024-03", "period_end": "2024-08", "months_count": 6, "value": 115.5, "previous_year_value": 112.5, "yoy_pct": 2.6 } ] }, { "id": "retail_latest_rows", "title": "Retail turnover latest years", "summary": "Latest six monthly YoY readings", "indicator_key": "retail_turnover", "indicator_ref": 2, "source_table_id": "latest_six_monthly_yoy", "columns": [ "date", "value", "yoy_pct" ], "rows": [ { "date": "2025-11-01", "geo": "HU", "value": 56613.739, "value_local": 56613.739, "value_eur": 147.354, "cur": "HUF", "local_currency": "HUF", "source_dataset_id": "retail/market_size/hu_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": -2.0, "previous_year_value": 57765.4, "previous_year_date": "2024-11" }, { "date": "2025-12-01", "geo": "HU", "value": 60735.474, "value_local": 60735.474, "value_eur": 157.767, "cur": "HUF", "local_currency": "HUF", "source_dataset_id": "retail/market_size/hu_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": -0.7, "previous_year_value": 61148.2, "previous_year_date": "2024-12" }, { "date": "2026-01-01", "geo": "HU", "value": 36165.169, "value_local": 36165.169, "value_eur": 94.137, "cur": "HUF", "local_currency": "HUF", "source_dataset_id": "retail/market_size/hu_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": -9.9, "previous_year_value": 40125.9, "previous_year_date": "2025-01" }, { "date": "2026-02-01", "geo": "HU", "value": 37886.511, "value_local": 37886.511, "value_eur": 100.068, "cur": "HUF", "local_currency": "HUF", "source_dataset_id": "retail/market_size/hu_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": -2.1, "previous_year_value": 38708.1, "previous_year_date": "2025-02" }, { "date": "2026-03-01", "geo": "HU", "value": 48670.247, "value_local": 48670.247, "value_eur": 125.056, "cur": "HUF", "local_currency": "HUF", "source_dataset_id": "retail/market_size/hu_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": 8.5, "previous_year_value": 44851.4, "previous_year_date": "2025-03" }, { "date": "2026-04-01", "geo": "HU", "value": 45790.33, "value_local": 45790.33, "value_eur": 124.107, "cur": "HUF", "local_currency": "HUF", "source_dataset_id": "retail/market_size/hu_furniture_retail_turnover_monthly", "source_frequency": "monthly", "yoy_pct": -3.4, "previous_year_value": 47414.8, "previous_year_date": "2025-04" } ] }, { "id": "product_search_latest_rows", "title": "Product search trend latest months", "summary": "", "indicator_key": "product_search", "indicator_ref": 12, "columns": [ "date", "value" ], "rows": [ { "date": "2025-11-01", "value": 171.3723695716209, "geo": "hu" }, { "date": "2025-12-01", "value": 154.58663550581065, "geo": "hu" }, { "date": "2026-01-01", "value": 159.84571113104727, "geo": "hu" }, { "date": "2026-02-01", "value": 166.1467315941253, "geo": "hu" }, { "date": "2026-03-01", "value": 147.50434501975965, "geo": "hu" }, { "date": "2026-04-01", "value": 129.97056018892533, "geo": "hu" } ] }, { "id": "exports_latest_rows", "title": "Furniture exports latest years", "summary": "", "indicator_key": "exports_yearly", "indicator_ref": 5, "columns": [ "year", "value_local", "value_eur" ], "rows": [ { "x_axis": "2020", "value": 332.0, "value_label": "332.0", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 332.0, "value_eur": 0.95, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2021", "value": 384.6, "value_label": "384.6", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 384.6, "value_eur": 1.07, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2022", "value": 466.7, "value_label": "466.7", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 466.7, "value_eur": 1.19, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2023", "value": 463.8, "value_label": "463.8", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 463.8, "value_eur": 1.22, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2024", "value": 418.3, "value_label": "418.3", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 418.3, "value_eur": 1.06, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2025", "value": 423.9, "value_label": "423.9", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 423.9, "value_eur": 1.06, "cur": "HUF", "local_currency": "HUF" } ] }, { "id": "imports_latest_rows", "title": "Furniture imports latest years", "summary": "", "indicator_key": "imports_yearly", "indicator_ref": 7, "columns": [ "year", "value_local", "value_eur" ], "rows": [ { "x_axis": "2020", "value": 302.4, "value_label": "302.4", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 302.4, "value_eur": 0.86, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2021", "value": 348.5, "value_label": "348.5", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 348.5, "value_eur": 0.97, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2022", "value": 458.1, "value_label": "458.1", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 458.1, "value_eur": 1.17, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2023", "value": 441.1, "value_label": "441.1", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 441.1, "value_eur": 1.16, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2024", "value": 433.2, "value_label": "433.2", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 433.2, "value_eur": 1.1, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2025", "value": 409.0, "value_label": "409.0", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 409.0, "value_eur": 1.03, "cur": "HUF", "local_currency": "HUF" } ] }, { "id": "export_partner_latest_rows", "title": "Export destination latest shares", "summary": "", "indicator_key": "exports_by_country", "indicator_ref": 6, "columns": [ "name", "value" ], "rows": [ { "name": "Germany", "label": "DE", "value": 0.3915 }, { "name": "Austria", "label": "AT", "value": 0.0647 }, { "name": "Poland", "label": "PL", "value": 0.0521 }, { "name": "Slovakia", "label": "SK", "value": 0.0464 }, { "name": "United States", "label": "US", "value": 0.0443 }, { "name": "Spain", "label": "ES", "value": 0.0426 }, { 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"exchange_rate_latest_rows", "title": "HUF/EUR exchange rate latest months", "summary": "", "indicator_key": "exchange_rate", "indicator_ref": 9, "columns": [ "date", "value" ], "rows": [ { "date": "2026-02-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 378.6065, "eur_per_currency": 0.00264126, "value": 378.6065, "observations": 20, "value_eur": 378.6065 }, { "date": "2026-03-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 389.186364, "eur_per_currency": 0.00256946, "value": 389.186364, "observations": 22, "value_eur": 389.186364 }, { "date": "2026-04-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 368.9595, "eur_per_currency": 0.00271032, "value": 368.9595, "observations": 20, "value_eur": 368.9595 }, { "date": "2026-05-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 358.231, "eur_per_currency": 0.00279149, "value": 358.231, "observations": 20, "value_eur": 358.231 }, { "date": "2026-06-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 353.938636, "eur_per_currency": 0.00282535, "value": 353.938636, "observations": 22, "value_eur": 353.938636 }, { "date": "2026-07-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 357.45, "eur_per_currency": 0.00279759, "value": 357.45, "observations": 13, "value_eur": 357.45 } ] } ], "crawl": { "type": "country_furniture_market_hub", "canonical_url": "https://www.furnilytics.com/market/hungary-furniture-market-hub/", "json_url": "https://data.furnilytics.com/market-hubs/hungary-furniture-market-hub.json", "title": "Hungary Furniture Market Hub", "meta_title": "Hungary Furniture Market Hub | Furnilytics", "meta_description": "Monthly Hungary furniture market hub with consumer demand, specialist retail turnover, production, exports, imports, producer prices, housing, confidence and HUF/EUR indicators.", "country": { "name": "Hungary", "geo": "HU", "role": "trade-oriented production market" }, "market": { "name": "Furniture", "scope": "Furniture retail, production, consumption, trade, exchange-rate and demand context" }, "market_data_updated_at": "2026-07-20", "refresh_frequency": "monthly", "executive_summary": "Hungary stands as a pivotal Central European furniture market, characterized by a trade-oriented production base and a domestic retail channel influenced by household income and housing activity. The consumer market is expanding, reflecting a 5.8% annual increase, while retail turnover is softening, indicating a slight contraction in consumer spending. This dynamic suggests that while overall demand remains robust, retail performance is facing headwinds, potentially linked to shifts in consumer confidence, which has recently shown improvement [1][11]. Retail 6-month momentum is -1.4% year over year, supporting a cautious near-term demand read. [2] The production sector is currently under pressure, with a notable decline in production turnover, which may impact export capabilities. However, furniture exports are experiencing growth, underscoring Hungary's strong export exposure relative to production. The housing market is robust, significantly above the pre-2019 baseline, which supports ongoing demand for furniture. Additionally, the strengthening of the local currency against the euro may influence trade competitiveness, particularly for exports [3][5][10][9]. The HUF per EUR is 357.4 HUF per EUR, which frames euro-denominated comparisons and export competitiveness. [9] The latest export trend is +1.3%, which frames the external demand signal for producers. [5]", "key_measurements": [ { "metric": "Consumer market size", "latest_value": "471,977.0 HUF million", "status": "Expanding", "context": "+5.8% annual change", "source_ref": 1 }, { "metric": "Retail market size", "latest_value": "590,876.3 HUF million", "status": "Softening", "context": "-1.4% six-month YoY", "source_ref": 2 }, { "metric": "Production market size", "latest_value": "392,601.1 HUF million", "status": "Under pressure", "context": "-11.7% six-month YoY", "source_ref": 3 }, { "metric": "Producer price index", "latest_value": "141.4 index points", "status": "Easing pressure", "context": "-1.9 pp six-month YoY", "source_ref": 4 }, { "metric": "Furniture exports", "latest_value": "423.9 HUF billion", "status": "Export growth", "context": "+1.3% latest export change", "source_ref": 5 }, { "metric": "Furniture imports", "latest_value": "409.0 HUF billion", "status": "Softening", "context": "10.7% below 2022 peak", "source_ref": 7 }, { "metric": "Export exposure", "latest_value": "108.0%", "status": "High export exposure", "context": "exports relative to production turnover", "source_ref": 5 }, { "metric": "HUF per EUR", "latest_value": "357.4 HUF per EUR", "status": "Local currency stronger", "context": "-10.5% YoY", "source_ref": 9 }, { "metric": "Housing market activity", "latest_value": "128.4 index points", "status": "Strong; strong expansion", "context": "+28 pts vs 2019", "source_ref": 10 }, { "metric": "Consumer confidence", "latest_value": "1.1 points", "status": "Improving", "context": "+0.7 pp recent change", "source_ref": 11 }, { "metric": "Product search trend", "latest_value": "130.0 index points", "status": "Softening", "context": "24.2% below 2025 peak", "source_ref": 12 } ], "sections": [ { "id": "market_size", "title": "Market Size & Consumption", "main_indicator": "consumer_market_size", "summary": "The consumer market size for furniture in Hungary is currently expanding, reaching 471,977.0 HUF million (approximately EUR 1,309 million) with a +5.8% annual change, indicating a robust demand environment [1]. This growth reflects a positive trend in consumption, which is essential for both retail and production sectors, suggesting that the market is well-positioned to absorb increased supply and potentially attract new entrants. Despite the overall expansion, recent retail data indicates a slight contraction in year-over-year performance, with values showing a decrease of -2.0% and -0.7% in consecutive periods [2]. This juxtaposition of a growing consumer market size against declining retail performance highlights a complex landscape where demand is strong, yet retail execution may face challenges. Such dynamics necessitate a careful analysis of supply chain strategies and market positioning to capitalize on consumer trends while addressing retail pressures." }, { "id": "retail", "title": "Retail & Demand", "main_indicator": "retail_turnover", "summary": "The Hungarian furniture retail market is currently experiencing a softening trend, with a retail market size of 590,876.3 HUF million (approximately EUR 1,600 million), reflecting a year-on-year decline of 1.4% over the past six months [2]. This contraction indicates a challenging environment for retailers, as demand pressures may influence production and supply chain dynamics within the market. In terms of product search trends, Hungary has seen a significant drop, with the index currently at 130.0 points, which is 24.2% below the peak observed in 2025 [12]. This decline in consumer interest may further exacerbate the existing pressures on retail performance, suggesting that both short-term and long-term demand dynamics are currently unfavorable for the furniture sector." }, { "id": "industry", "title": "Industry & Production", "main_indicator": "production_turnover", "summary": "Hungary's furniture production market is currently under pressure, with a production turnover of 392,601.1 HUF million (approximately EUR 1,058 million), reflecting a decline of 11.7% year-over-year over the past six months [3]. This contraction indicates a challenging environment for manufacturers, potentially impacting retail demand and overall consumption patterns within the market. The downward trend in production turnover suggests that businesses may need to reassess their strategies to navigate the current economic landscape. In terms of pricing dynamics, the producer price index stands at 141.4 index points, which represents a slight easing of pressure with a decrease of 1.9 percentage points year-over-year [4]. This development may provide some relief to producers, allowing for adjustments in pricing strategies that could stabilize the market. However, the overall context of declining production turnover highlights the need for careful monitoring of both supply and demand factors to ensure long-term viability in Hungary's furniture sector." }, { "id": "supply_chain", "title": "Trade & Competitiveness", "main_indicator": "exports_by_country", "summary": "Hungary's furniture market exhibits a robust export profile, with furniture exports reaching 423.9 HUF billion (approximately EUR 1.1 billion), reflecting a growth of 1.3% in the latest period [5]. This high export exposure, quantified at 108.0% relative to production turnover, indicates a significant reliance on international markets, particularly Germany, which accounts for 39.15% of exports [6]. Such concentration in destination markets underscores the importance of maintaining competitive advantages to sustain demand amid potential fluctuations in global trade dynamics. Conversely, furniture imports have softened, totaling 409.0 HUF billion (around EUR 1.06 billion), which is 10.7% below the peak observed in 2022 [7]. The primary sources of these imports include Poland and Germany, contributing 26.26% and 20.31% respectively [8]. This decline in imports may suggest a shift in domestic consumption patterns or a strategic move towards enhancing local production capabilities, thereby impacting the overall supply chain dynamics within Hungary's furniture sector." }, { "id": "currency", "title": "Currency & Exchange Rate", "main_indicator": "exchange_rate", "summary": "The current exchange rate for the Hungarian Forint (HUF) stands at 357.4 HUF per EUR, indicating a strengthening of the local currency by 10.5% year-over-year [9]. This appreciation may influence the furniture market by making imported materials more affordable, potentially lowering production costs for local manufacturers and enhancing their competitive edge in both domestic and export markets. Looking at the long-term trend, the HUF has fluctuated significantly, with values reaching as high as 389.186364 HUF per EUR in 2026 [9]. Such volatility can create uncertainty in the furniture retail sector, affecting pricing strategies and consumer demand. A stable currency is crucial for maintaining consistent supply chain operations and ensuring that both production and retail activities can adapt to changing market conditions." }, { "id": "macroeconomics", "title": "Macroeconomics", "main_indicator": "housing_market_activity", "summary": "Hungary's housing market activity is currently strong, with an index value of 128.4 points, reflecting a robust expansion of 28 points compared to 2019 [10]. This growth indicates a favorable environment for furniture retail and production, as increased housing activity typically drives demand for furniture. The ongoing expansion suggests that both consumer confidence and market conditions are conducive to sustained retail performance in the furniture sector. Consumer confidence in Hungary has shown improvement, currently standing at 1.1 points, which marks a recent increase of 0.7 percentage points [11]. This uptick in consumer sentiment is likely to support further demand for furniture, as consumers are more inclined to make purchases when confidence is rising. The interplay between strong housing market activity and improving consumer confidence positions the furniture market for continued growth, although attention should be paid to potential shifts in macroeconomic conditions that could impact this momentum." } ], "source_count": 12 }, "notes": [ "The hub is a composition layer over existing indicator JSON files. Indicator pages remain the canonical source pages for methodology, charts and source-specific notes.", "Hungary is configured as a trade-oriented production hub. HUF is the primary local-market view, while EUR fields remain available for international comparison." ] }