{ "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": "2026-06-14T08:21:02.202865+00:00", "market_data_updated_at": "2026-06-14", "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": "2026-06-12" }, { "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": "2026-06-13" }, { "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": "2026-06-04" }, { "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": "2026-06-08" }, { "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": "2026-06-08" }, { "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": "2026-06-08" }, { "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": "2026-06-08" }, { "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": "2026-06-08" }, { "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": "2026-06-08" }, { "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": "2026-06-13" }, { "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": "2026-06-08" }, { "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": "2026-06-14" } ], "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": "2024", "value": 445996.0, "unit": "HUF million", "previous_period": "2023", "previous_value": 438984.9, "change_abs": 7011.1, "change_pct": 1.6, "secondary_value": 1127.9, "secondary_unit": "EUR million", "status": "Expanding", "context": "2.3% below 2022 peak" }, { "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", "status": "Expanding", "context": "+5.3% annual change" }, { "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": -5.45, "status": "Under pressure", "context": "-5.5% six-month YoY" }, { "id": "producer_price", "label": "Producer price index", "section": "industry", "indicator_key": "producer_price", "indicator_ref": 4, "period": "2026-04-01", "value": 144.4, "unit": "Index [2021=100]", "previous_period": "2026-03-01", "previous_value": 148.0, "change_abs": -3.6, "change_pct": -2.43, "yoy_pct": -3.5, "previous_year_value": 149.6, "previous_year_date": "2025-04", "short_term_yoy_pct": -1.07, "status": "Easing pressure", "context": "-1.1 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": 1.1, "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": 408.6, "unit": "HUF billion", "previous_period": "2024", "previous_value": 433.2, "change_abs": -24.6, "change_pct": -5.68, "secondary_value": 1.0, "secondary_unit": "EUR billion", "status": "Softening", "context": "10.8% 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": "2026-06-01", "value": 354.7, "unit": "HUF per EUR", "previous_period": "2026-05-01", "previous_value": 358.2, "change_abs": -3.53, "change_pct": -0.99, "short_term_yoy_pct": -7.96, "status": "Local currency stronger", "context": "-8.0% YoY" }, { "id": "housing_market_activity", "label": "Housing market activity", "section": "macroeconomics", "indicator_key": "housing_market_activity", "indicator_ref": 10, "period": "2026-03-01", "value": 128.7, "unit": "Index [2019=100]", "previous_period": "2026-02-01", "previous_value": 119.5, "change_abs": 9.21, "change_pct": 7.71, "short_term_yoy_pct": 66.1, "status": "Strong; strong expansion", "context": "+29 pts vs 2019" }, { "id": "consumer_confidence", "label": "Consumer confidence", "section": "macroeconomics", "indicator_key": "consumer_confidence", "indicator_ref": 11, "period": "2026-05-01", "value": 0.4, "unit": "Balance [PP]", "previous_period": "2026-04-01", "previous_value": -14.9, "change_abs": 15.3, "change_pct": 102.68, "short_term_change_abs": 11.92, "status": "Improving", "context": "+15.3 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": 8.01, "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 is positioned as a trade-oriented production market within Central Europe, where domestic retail demand is closely linked to manufacturing activity and export channels. The furniture market is currently experiencing an expanding consumer market size, supported by a robust retail turnover that has seen a notable annual increase. However, production turnover is under pressure, reflecting challenges in aligning output with the growing domestic demand. This dynamic is further influenced by housing market activity, which remains strong, significantly above the 2019 baseline, indicating a supportive environment for furniture consumption [1][10].", "The interplay between retail demand and production is critical, as evidenced by the high export exposure relative to production turnover, suggesting that Hungary's furniture sector is heavily reliant on international markets. The local currency has strengthened against the euro, which may enhance competitiveness for exports but also poses challenges for domestic pricing strategies. Consumer confidence is improving, albeit modestly, which could provide a tailwind for future consumption. Overall, the market reflects a complex landscape where retail growth is tempered by production challenges and external trade dynamics [5][11]. The HUF per EUR is 354.7 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 445,996.0 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 2.3% below 2022 peak.", "Retail demand, production and price pressure need to be read together. Retail is expanding, with +5.3% annual change, while production is under pressure at 392,601.1 HUF million [3], with -5.5% six-month YoY.", "Supply-chain exposure is also material: import share is not available and classified as visible. The macro backdrop is strong; strong expansion, with housing activity at 128.7 index points [10], +29 pts vs 2019. Overall, sourcing exposure, domestic production pressure and retail momentum all matter." ], "sections": [ { "section_id": "market_size", "title": "Market Size & Consumption", "paragraphs": [ "The consumer market size for furniture in Hungary is currently valued at 445,996.0 HUF million (approximately EUR 1,220 million), reflecting an expanding trend, albeit 2.3% below the peak observed in 2022 [1]. This growth indicates a robust demand environment, which is critical for retail and production sectors as they adapt to evolving consumer preferences and economic conditions.", "From 2015 to 2023, the market has shown significant growth, increasing from 156,622.3 HUF million to 438,984.9 HUF million [1]. This upward trajectory suggests a strong recovery phase following previous fluctuations, positioning Hungary as a trade-oriented production market with potential for further development in both domestic consumption and export opportunities." ], "indicator_refs": [ 1 ] }, { "section_id": "retail", "title": "Retail & Demand", "paragraphs": [ "The Hungarian furniture retail market is currently expanding, with a retail market size of 590,876.3 HUF million (approximately EUR 1,600 million), reflecting a +5.3% annual change [2]. This growth indicates a robust demand environment, driven by increased consumer spending and a favorable trade-oriented production market. The upward trajectory in retail size suggests a strengthening of the domestic market, which is crucial for both production and supply chain dynamics.", "However, the product search trend has softened, currently at 130.0 index points, which is 24.2% below the peak observed in 2025 [12]. This decline may signal a potential cooling in consumer interest, which could impact future retail performance. The divergence between retail market growth and product search trends highlights the need for retailers to adapt their strategies to maintain momentum in a competitive landscape." ], "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 1,061 million), reflecting a decline of 5.5% year-over-year over the past six months [3]. This downturn indicates a challenging environment for both production and retail sectors, as demand may be weakening amid fluctuating economic conditions. The negative growth trend suggests that manufacturers may need to reassess their strategies to stabilize their market positions.", "In contrast, the producer price index has shown easing pressure, currently at 144.4 index points, down by 1.1 percentage points year-over-year [4]. This slight reduction in producer prices could provide some relief to manufacturers, potentially allowing for better pricing strategies in the retail market. However, the overall market dynamics remain complex, as the year-over-year decline in production turnover highlights ongoing challenges in meeting consumer demand and maintaining competitive pricing." ], "indicator_refs": [ 3, 4 ] }, { "section_id": "supply_chain", "title": "Trade & Competitiveness", "paragraphs": [ "Hungary's furniture market demonstrates 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 strong reliance on external markets, particularly Germany, which accounts for 39.15% of total exports [6]. Such concentration in destination markets underscores the importance of maintaining competitive advantages to sustain demand amidst fluctuating global conditions.", "Conversely, furniture imports have softened, totaling 408.6 HUF billion (around EUR 1.06 billion), which is 10.8% below the peak observed in 2022 [7]. This decline suggests a potential shift in sourcing strategies or a response to changing domestic demand dynamics. The primary import partners include Poland and Germany, contributing 26.35% and 21.25% respectively to Hungary's import landscape [8]. The interplay between these import trends and export performance will be crucial for understanding the overall competitiveness of 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 354.7 HUF per EUR, reflecting a strengthening of the local currency by 8.0% year-over-year [9]. This trend indicates a favorable environment for imports, potentially easing the cost pressures on furniture retailers reliant on foreign materials and components. As Hungary operates as a trade-oriented production market, this currency stability may enhance the competitiveness of imported goods, influencing overall market dynamics in furniture retail and consumption.", "Looking at the longer-term trajectory, the HUF has experienced fluctuations, with values recorded at 316.5 HUF per EUR in early 2015 and currently set to reach 384.2 HUF per EUR by mid-2026 [9]. Such a shift underscores the importance of monitoring exchange rate trends, as they directly impact production costs and consumer demand within the furniture sector. A weaker currency could lead to increased costs for imported goods, potentially constraining consumer spending and altering the landscape of furniture trade in Hungary." ], "indicator_refs": [ 9 ] }, { "section_id": "macroeconomics", "title": "Macroeconomics", "paragraphs": [ "Hungary's housing market activity is currently robust, registering an index of 128.7 points, indicating strong expansion and a significant increase of 29 points compared to 2019 [10]. This upward trend suggests a favorable environment for furniture retail and production, as increased housing activity typically correlates with heightened demand for furniture. The current momentum in the housing sector is likely to stimulate further investment in furniture production and retail, enhancing overall market dynamics.", "Consumer confidence in Hungary has also shown improvement, rising by 15.3 percentage points to a current level of 0.4 points [11]. This increase in consumer sentiment can positively influence furniture consumption, as higher confidence often leads to increased spending on home furnishings. The interplay between strong housing market activity and improving consumer confidence suggests a supportive macroeconomic backdrop for the furniture market, potentially leading to sustained demand in both the short and long term." ], "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 } ], "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 Furniture Production Turnover", "chart_type": "bar", "series_type": "single", "x_axis_label": "", "y_axis_label": "HUF million", "legend": false, "data": [ { "x_axis": "2015", "value": 200913.1, "value_label": 200913.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 200913.1, "value_nominal": 648.3, "cur": "HUF", "local_currency": "HUF", "value_original": 200913.1 }, { "x_axis": "2016", "value": 210791.1, "value_label": 210791.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 210791.1, "value_nominal": 677.1, "cur": "HUF", "local_currency": "HUF", "value_original": 210791.1 }, { "x_axis": "2017", "value": 219781.1, "value_label": 219781.1, "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 219781.1, "value_nominal": 710.4, "cur": "HUF", "local_currency": "HUF", "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_local": 237686.7, "value_nominal": 745.4, "cur": "HUF", "local_currency": "HUF", "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_local": 255632.3, "value_nominal": 785.3, "cur": "HUF", "local_currency": "HUF", "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_local": 267079.6, "value_nominal": 759.3, "cur": "HUF", "local_currency": "HUF", "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_local": 321936.6, "value_nominal": 897.9, "cur": "HUF", "local_currency": "HUF", "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_local": 402132.3, "value_nominal": 1027.2, "cur": "HUF", "local_currency": "HUF", "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_local": 374526.9, "value_nominal": 981.5, "cur": "HUF", "local_currency": "HUF", "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_local": 393780.0, "value_nominal": 994.2, "cur": "HUF", "local_currency": "HUF", "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_local": 392601.1, "value_nominal": 987.9, "cur": "HUF", "local_currency": "HUF", "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": 0.0658 }, { "name": "Poland", "label": "PL", "value": 0.0523 }, { "name": "Slovakia", "label": "SK", "value": 0.0461 }, { "name": "United States", "label": "US", "value": 0.0444 }, { "name": "Croatia", "label": "HR", "value": 0.0425 }, { "name": "Spain", "label": "ES", "value": 0.0425 }, { "name": "Romania", "label": "RO", "value": 0.0396 }, { "name": "XS", "label": "XS", "value": 0.0269 }, { "name": "Turkey", "label": "TR", "value": 0.0256 }, { "name": "Others", "label": "Others", "value": 0.2229 } ], "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, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 303.445455, "eur_per_currency": 0.00329549, "value": 303.445455, "observations": 22, "value_eur": 303.445455 }, { "date": "2015-04-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 299.429, "eur_per_currency": 0.00333969, "value": 299.429, "observations": 20, "value_eur": 299.429 }, { "date": "2015-05-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 306.3265, "eur_per_currency": 0.00326449, "value": 306.3265, "observations": 20, "value_eur": 306.3265 }, { "date": "2015-06-01", "year": 2015, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 311.959545, "eur_per_currency": 0.00320554, "value": 311.959545, "observations": 22, "value_eur": 311.959545 }, { "date": "2015-07-01", "year": 2015, "frequency": "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, 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399.192174, "observations": 23, "value_eur": 399.192174 }, { "date": "2025-08-01", "year": 2025, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 396.454286, "eur_per_currency": 0.00252236, "value": 396.454286, "observations": 21, "value_eur": 396.454286 }, { "date": "2025-09-01", "year": 2025, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 391.63, "eur_per_currency": 0.00255343, "value": 391.63, "observations": 22, "value_eur": 391.63 }, { "date": "2025-10-01", "year": 2025, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 389.911739, "eur_per_currency": 0.00256468, "value": 389.911739, "observations": 23, "value_eur": 389.911739 }, { "date": "2025-11-01", "year": 2025, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 384.201, "eur_per_currency": 0.0026028, "value": 384.201, "observations": 20, "value_eur": 384.201 }, { "date": "2025-12-01", "year": 2025, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 384.97, "eur_per_currency": 0.00259761, "value": 384.97, "observations": 21, "value_eur": 384.97 }, { "date": "2026-01-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 384.177619, "eur_per_currency": 0.00260296, "value": 384.177619, "observations": 21, "value_eur": 384.177619 }, { "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": 354.701667, "eur_per_currency": 0.00281927, "value": 354.701667, "observations": 6, "value_eur": 354.701667 } ], "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", "value": 111.79 }, { "date": "2017-11-01", "geo": "HU", "value": 99.67 }, { "date": "2017-12-01", "geo": "HU", "value": 98.87 }, { "date": "2018-01-01", "geo": "HU", "value": 105.36 }, { "date": "2018-02-01", "geo": "HU", "value": 99.23 }, { "date": "2018-03-01", "geo": "HU", "value": 96.22 }, { "date": "2018-04-01", "geo": "HU", "value": 94.16 }, { "date": "2018-05-01", "geo": "HU", "value": 102.68 }, { "date": "2018-06-01", "geo": "HU", "value": 109.89 }, { "date": "2018-07-01", "geo": "HU", "value": 115.87 }, { "date": "2018-08-01", "geo": "HU", "value": 126.47 }, { "date": "2018-09-01", "geo": "HU", "value": 112.63 }, { "date": "2018-10-01", "geo": "HU", "value": 108.42 }, { "date": "2018-11-01", "geo": "HU", "value": 115.16 }, { "date": "2018-12-01", "geo": "HU", "value": 107.72 }, { "date": "2019-01-01", "geo": "HU", "value": 97.2 }, { "date": "2019-02-01", "geo": "HU", "value": 89.82 }, { "date": "2019-03-01", "geo": "HU", "value": 102.82 }, { "date": "2019-04-01", "geo": "HU", "value": 99.49 }, { "date": "2019-05-01", "geo": "HU", "value": 104.56 }, { "date": "2019-06-01", "geo": "HU", "value": 102.23 }, { "date": "2019-07-01", "geo": "HU", "value": 120.94 }, { "date": "2019-08-01", "geo": "HU", "value": 108.42 }, { "date": "2019-09-01", "geo": "HU", "value": 90.76 }, { "date": "2019-10-01", "geo": "HU", "value": 92.81 }, { "date": "2019-11-01", "geo": "HU", "value": 92.25 }, { "date": "2019-12-01", "geo": "HU", "value": 98.7 }, { "date": "2020-01-01", "geo": "HU", "value": 93.06 }, { "date": "2020-02-01", "geo": "HU", "value": 89.01 }, { "date": "2020-03-01", "geo": "HU", "value": 91.88 }, { "date": "2020-04-01", "geo": "HU", "value": 84.67 }, { "date": "2020-05-01", "geo": "HU", "value": 81.58 }, { "date": "2020-06-01", "geo": "HU", "value": 82.98 }, { "date": "2020-07-01", "geo": "HU", "value": 79.06 }, { "date": "2020-08-01", "geo": "HU", "value": 82.46 }, { "date": "2020-09-01", "geo": "HU", "value": 88.7 }, { "date": "2020-10-01", "geo": "HU", "value": 88.37 }, { "date": "2020-11-01", "geo": "HU", "value": 89.46 }, { "date": "2020-12-01", "geo": "HU", "value": 90.58 }, { "date": "2021-01-01", "geo": "HU", "value": 88.84 }, { "date": "2021-02-01", "geo": "HU", "value": 86.34 }, { "date": "2021-03-01", "geo": "HU", "value": 88.69 }, { "date": "2021-04-01", "geo": "HU", "value": 102.71 }, { "date": "2021-05-01", "geo": "HU", "value": 110.17 }, { "date": "2021-06-01", "geo": "HU", "value": 129.51 }, { "date": "2021-07-01", "geo": "HU", "value": 124.4 }, { "date": "2021-08-01", "geo": "HU", "value": 118.36 }, { "date": "2021-09-01", "geo": "HU", "value": 121.45 }, { "date": "2021-10-01", "geo": "HU", "value": 113.41 }, { "date": "2021-11-01", "geo": "HU", "value": 108.65 }, { "date": "2021-12-01", "geo": "HU", "value": 99.64 }, { "date": "2022-01-01", "geo": "HU", "value": 99.26 }, { "date": "2022-02-01", "geo": "HU", "value": 106.1 }, { "date": "2022-03-01", "geo": "HU", "value": 106.71 }, { "date": "2022-04-01", "geo": "HU", "value": 115.17 }, { "date": "2022-05-01", "geo": "HU", "value": 120.84 }, { "date": "2022-06-01", "geo": "HU", "value": 115.0 }, { "date": "2022-07-01", "geo": "HU", "value": 113.81 }, { "date": "2022-08-01", "geo": "HU", "value": 91.62 }, { "date": "2022-09-01", "geo": "HU", "value": 85.58 }, { "date": "2022-10-01", "geo": "HU", "value": 83.63 }, { "date": "2022-11-01", "geo": "HU", "value": 69.8 }, { "date": "2022-12-01", "geo": "HU", "value": 64.17 }, { "date": "2023-01-01", "geo": "HU", "value": 49.66 }, { "date": "2023-02-01", "geo": "HU", "value": 43.23 }, { "date": "2023-03-01", "geo": "HU", "value": 42.31 }, { "date": "2023-04-01", "geo": "HU", "value": 43.46 }, { "date": "2023-05-01", "geo": "HU", "value": 50.61 }, { "date": "2023-06-01", "geo": "HU", "value": 46.21 }, { "date": "2023-07-01", "geo": "HU", "value": 45.95 }, { "date": "2023-08-01", "geo": "HU", "value": 46.71 }, { "date": "2023-09-01", "geo": "HU", "value": 47.2 }, { "date": "2023-10-01", "geo": "HU", "value": 54.26 }, { "date": "2023-11-01", "geo": "HU", "value": 53.64 }, { "date": "2023-12-01", "geo": "HU", "value": 57.28 }, { "date": "2024-01-01", "geo": "HU", "value": 58.77 }, { "date": "2024-02-01", "geo": "HU", "value": 64.24 }, { "date": "2024-03-01", "geo": "HU", "value": 59.13 }, { "date": "2024-04-01", "geo": "HU", "value": 66.77 }, { "date": "2024-05-01", "geo": "HU", "value": 73.09 }, { "date": "2024-06-01", "geo": "HU", "value": 78.32 }, { "date": "2024-07-01", "geo": "HU", "value": 79.68 }, { "date": "2024-08-01", "geo": "HU", "value": 76.41 }, { "date": "2024-09-01", "geo": "HU", "value": 90.3 }, { "date": "2024-10-01", "geo": "HU", "value": 68.54 }, { "date": "2024-11-01", "geo": "HU", "value": 68.77 }, { "date": "2024-12-01", "geo": "HU", "value": 91.04 }, { "date": "2025-01-01", "geo": "HU", "value": 72.55 }, { "date": "2025-02-01", "geo": "HU", "value": 74.82 }, { "date": "2025-03-01", "geo": "HU", "value": 78.76 }, { "date": "2025-04-01", "geo": "HU", "value": 83.86 }, { "date": "2025-05-01", "geo": "HU", "value": 83.68 }, { "date": "2025-06-01", "geo": "HU", "value": 83.79 }, { "date": "2025-07-01", "geo": "HU", "value": 88.32 }, { "date": "2025-08-01", "geo": "HU", "value": 82.28 }, { "date": "2025-09-01", "geo": "HU", "value": 82.41 }, { "date": "2025-10-01", "geo": "HU", "value": 89.41 }, { "date": "2025-11-01", "geo": "HU", "value": 120.1 }, { "date": "2025-12-01", "geo": "HU", "value": 126.41 }, { "date": "2026-01-01", "geo": "HU", "value": 166.57 }, { "date": "2026-02-01", "geo": "HU", "value": 119.47 }, { "date": "2026-03-01", "geo": "HU", "value": 128.68 } ], "source_url": "/indicators/macroeconomics/housing/hungary-housing-market-activity/" }, "extra_graphs": [], "metric_card_ids": [ "housing_market_activity", "consumer_confidence" ], "supplemental_table_ids": [], "indicator_refs": [ 10, 11 ] } ], "supplemental_tables": [ { "id": "consumer_market_size_peer_comparison", "title": "Consumer market size peer comparison", "summary": "Consumer market size peer comparison", "indicator_key": "consumer_market_size", "indicator_ref": 1, "source_table_id": "consumer_market_size_peer_comparison", "columns": [ "name", "label", "year", "value_local", "value", "cur", "local_currency" ], "rows": [ { "name": "DE", "label": "DE", "value": 39173.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 40579.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "IT", "label": "IT", "value": 26355.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 26131.2, "value_local": null, "cur": null, "local_currency": null }, { "name": "FR", "label": "FR", "value": 17618.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 18558.2, "value_local": null, "cur": null, "local_currency": null }, { "name": "NL", "label": "NL", "value": 11768.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 11552.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "ES", "label": "ES", "value": 10101.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 10023.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "PL", "label": "PL", "value": 5951.6, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 6461.0, "value_local": 25626.1, "cur": "PLN", "local_currency": "PLN" }, { "name": "AT", "label": "AT", "value": 5804.5, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 6090.5, "value_local": null, "cur": null, "local_currency": null }, { "name": "BE", "label": "BE", "value": 5571.3, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 5501.8, "value_local": null, "cur": null, "local_currency": null }, { "name": "SE", "label": "SE", "value": 3980.9, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 4116.5, "value_local": 45505.3, "cur": "SEK", "local_currency": "SEK" }, { "name": "DK", "label": "DK", "value": 3016.4, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 3021.2, "value_local": 22499.0, "cur": "DKK", "local_currency": "DKK" } ] }, { "id": "consumer_expenditure_per_capita_peer_comparison", "title": "Furniture expenditure per capita peer comparison", "summary": "Furniture expenditure per capita peer comparison", "indicator_key": "consumer_market_size", "indicator_ref": 1, "source_table_id": "consumer_expenditure_per_capita_peer_comparison", "columns": [ "name", "geo", "year", "value_per_capita", "metric_value", "population" ], "rows": [ { "name": "LU", "label": "LU", "geo": "LU", "year": "2024", "value_per_capita": 788.33, "metric_value": 529800000.0, "population": 672050 }, { "name": "Netherlands", "label": "NL", "geo": "NL", "year": "2024", "value_per_capita": 655.86, "metric_value": 11768000000.0, "population": 17942942 }, { "name": "Austria", "label": "AT", "geo": "AT", "year": "2024", "value_per_capita": 633.77, "metric_value": 5804500000.0, "population": 9158750 }, { "name": "Denmark", "label": "DK", "geo": "DK", "year": "2024", "value_per_capita": 506.0, "metric_value": 3016400000.0, "population": 5961249 }, { "name": "Belgium", "label": "BE", "geo": "BE", "year": "2024", "value_per_capita": 471.46, "metric_value": 5571300000.0, "population": 11817096 }, { "name": "Germany", "label": "DE", "geo": "DE", "year": "2024", "value_per_capita": 469.38, "metric_value": 39173000000.0, "population": 83456045 }, { "name": "Italy", "label": "IT", "geo": "IT", "year": "2024", "value_per_capita": 446.91, "metric_value": 26355000000.0, "population": 58971230 }, { "name": "Ireland", "label": "IE", "geo": "IE", "year": "2024", "value_per_capita": 405.76, "metric_value": 2171500000.0, "population": 5351681 }, { "name": "Sweden", "label": "SE", "geo": "SE", "year": "2024", "value_per_capita": 377.28, "metric_value": 3980900000.0, "population": 10551707 }, { "name": "Finland", "label": "FI", "geo": "FI", "year": "2024", "value_per_capita": 303.9, "metric_value": 1703000000.0, "population": 5603851 } ] }, { "id": "production_latest_rows", "title": "Production turnover latest six monthly YoY readings", "summary": "Latest six monthly YoY readings", "indicator_key": "production_turnover", "indicator_ref": 3, "source_table_id": "latest_six_monthly_yoy", "columns": [ "date", "value", "yoy_pct" ], "rows": [ { "date": "2025-10-01", "geo": "HU", "value_nominal": 91007239.74058494, "value_real": 62501052.09833164, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 35484791120.7, "value_real_local": 24369893921.1, "yoy_pct": -2.0, "previous_year_value": 92830487.5, "previous_year_date": "2024-10" }, { "date": "2025-11-01", "geo": "HU", "value_nominal": 94071378.58597644, "value_real": 64872743.80742012, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 36142317724.1, "value_real_local": 24924173043.6, "yoy_pct": -12.4, "previous_year_value": 107337221.8, "previous_year_date": "2024-11" }, { "date": "2025-12-01", "geo": "HU", "value_nominal": 80155651.03660263, "value_real": 54897687.50154799, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 30857520979.6, "value_real_local": 21133962757.5, "yoy_pct": -8.5, "previous_year_value": 87590673.3, "previous_year_date": "2024-12" }, { "date": "2026-01-01", "geo": "HU", "value_nominal": 66686038.775369234, "value_real": 45829454.496209696, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 25619283600.4, "value_real_local": 17606650710.6, "yoy_pct": -8.3, "previous_year_value": 72698166.0, "previous_year_date": "2025-01" }, { "date": "2026-02-01", "geo": "HU", "value_nominal": 78161421.52259645, "value_real": 53642086.00850115, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 29592422237.7, "value_real_local": 20309242436.4, "yoy_pct": -6.8, "previous_year_value": 83824609.2, "previous_year_date": "2025-02" }, { "date": "2026-03-01", "geo": "HU", "value_nominal": 92817093.53816342, "value_real": 62710319.01383947, "cur": "HUF", "local_currency": "HUF", "value_nominal_local": 36123147117.4, "value_real_local": 24406001019.5, "yoy_pct": 5.3, "previous_year_value": 88130615.8, "previous_year_date": "2025-03" } ] }, { "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": "EL", "label": "EL", "geo": "EL", "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": "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": "332.00", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 332.0, "value_eur": 0.9, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2021", "value": 384.6, "value_label": "384.60", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 384.6, "value_eur": 1.1, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2022", "value": 466.7, "value_label": "466.70", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 466.7, "value_eur": 1.2, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2023", "value": 461.8, "value_label": "461.80", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 461.8, "value_eur": 1.2, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2024", "value": 418.3, "value_label": "418.30", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 418.3, "value_eur": 1.1, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2025", "value": 423.9, "value_label": "423.90", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 423.9, "value_eur": 1.1, "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": "302.40", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 302.4, "value_eur": 0.9, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2021", "value": 348.5, "value_label": "348.50", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 348.5, "value_eur": 1.0, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2022", "value": 458.1, "value_label": "458.10", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 458.1, "value_eur": 1.2, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2023", "value": 441.1, "value_label": "441.10", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 441.1, "value_eur": 1.2, "cur": "HUF", "local_currency": "HUF" }, { "x_axis": "2024", "value": 433.2, "value_label": "433.20", "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": 408.6, "value_label": "408.60", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "value_local": 408.6, "value_eur": 1.0, "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": 0.0658 }, { "name": "Poland", "label": "PL", "value": 0.0523 }, { "name": "Slovakia", "label": "SK", "value": 0.0461 }, { "name": "United States", "label": "US", "value": 0.0444 }, { "name": "Croatia", "label": "HR", "value": 0.0425 }, { "name": "Spain", "label": "ES", "value": 0.0425 }, { "name": "Romania", "label": "RO", "value": 0.0396 }, { "name": "XS", "label": "XS", "value": 0.0269 }, { "name": "Turkey", "label": "TR", "value": 0.0256 } ] }, { "id": "import_partner_latest_rows", "title": "Import partner latest shares", "summary": "", "indicator_key": "imports_by_country", "indicator_ref": 8, "columns": [ "name", "value" ], "rows": [ { "name": "Poland", "label": "PL", "value": 0.2635 }, { "name": "Germany", "label": "DE", "value": 0.2125 }, { "name": "China", "label": "CN", "value": 0.1464 }, { "name": "Czechia", "label": "CZ", "value": 0.0907 }, { "name": "Austria", "label": "AT", "value": 0.0335 }, { "name": "Slovakia", "label": "SK", "value": 0.0308 }, { "name": "Italy", "label": "IT", "value": 0.028 }, { "name": "Romania", "label": "RO", "value": 0.0219 }, { "name": "North Macedonia", "label": "MK", "value": 0.0189 }, { "name": "Turkey", "label": "TR", "value": 0.0147 } ] }, { "id": "exchange_rate_latest_rows", "title": "HUF/EUR exchange rate latest months", "summary": "", "indicator_key": "exchange_rate", "indicator_ref": 9, "columns": [ "date", "value" ], "rows": [ { "date": "2026-01-01", "year": 2026, "frequency": "monthly", "currency": "HUF", "currency_name": "Hungarian forint", "currency_per_eur": 384.177619, "eur_per_currency": 0.00260296, "value": 384.177619, "observations": 21, "value_eur": 384.177619 }, { "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": 354.701667, "eur_per_currency": 0.00281927, "value": 354.701667, "observations": 6, "value_eur": 354.701667 } ] } ], "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": "2026-06-14", "refresh_frequency": "monthly", "executive_summary": "Hungary is positioned as a trade-oriented production market within Central Europe, where domestic retail demand is closely linked to manufacturing activity and export channels. The furniture market is currently experiencing an expanding consumer market size, supported by a robust retail turnover that has seen a notable annual increase. However, production turnover is under pressure, reflecting challenges in aligning output with the growing domestic demand. This dynamic is further influenced by housing market activity, which remains strong, significantly above the 2019 baseline, indicating a supportive environment for furniture consumption [1][10]. The interplay between retail demand and production is critical, as evidenced by the high export exposure relative to production turnover, suggesting that Hungary's furniture sector is heavily reliant on international markets. The local currency has strengthened against the euro, which may enhance competitiveness for exports but also poses challenges for domestic pricing strategies. Consumer confidence is improving, albeit modestly, which could provide a tailwind for future consumption. Overall, the market reflects a complex landscape where retail growth is tempered by production challenges and external trade dynamics [5][11]. The HUF per EUR is 354.7 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": "445,996.0 HUF million", "status": "Expanding", "context": "2.3% below 2022 peak", "source_ref": 1 }, { "metric": "Retail market size", "latest_value": "590,876.3 HUF million", "status": "Expanding", "context": "+5.3% annual change", "source_ref": 2 }, { "metric": "Production market size", "latest_value": "392,601.1 HUF million", "status": "Under pressure", "context": "-5.5% six-month YoY", "source_ref": 3 }, { "metric": "Producer price index", "latest_value": "144.4 index points", "status": "Easing pressure", "context": "-1.1 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": "408.6 HUF billion", "status": "Softening", "context": "10.8% 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": "354.7 HUF per EUR", "status": "Local currency stronger", "context": "-8.0% YoY", "source_ref": 9 }, { "metric": "Housing market activity", "latest_value": "128.7 index points", "status": "Strong; strong expansion", "context": "+29 pts vs 2019", "source_ref": 10 }, { "metric": "Consumer confidence", "latest_value": "0.4 points", "status": "Improving", "context": "+15.3 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 valued at 445,996.0 HUF million (approximately EUR 1,220 million), reflecting an expanding trend, albeit 2.3% below the peak observed in 2022 [1]. This growth indicates a robust demand environment, which is critical for retail and production sectors as they adapt to evolving consumer preferences and economic conditions. From 2015 to 2023, the market has shown significant growth, increasing from 156,622.3 HUF million to 438,984.9 HUF million [1]. This upward trajectory suggests a strong recovery phase following previous fluctuations, positioning Hungary as a trade-oriented production market with potential for further development in both domestic consumption and export opportunities." }, { "id": "retail", "title": "Retail & Demand", "main_indicator": "retail_turnover", "summary": "The Hungarian furniture retail market is currently expanding, with a retail market size of 590,876.3 HUF million (approximately EUR 1,600 million), reflecting a +5.3% annual change [2]. This growth indicates a robust demand environment, driven by increased consumer spending and a favorable trade-oriented production market. The upward trajectory in retail size suggests a strengthening of the domestic market, which is crucial for both production and supply chain dynamics. However, the product search trend has softened, currently at 130.0 index points, which is 24.2% below the peak observed in 2025 [12]. This decline may signal a potential cooling in consumer interest, which could impact future retail performance. The divergence between retail market growth and product search trends highlights the need for retailers to adapt their strategies to maintain momentum in a competitive landscape." }, { "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 1,061 million), reflecting a decline of 5.5% year-over-year over the past six months [3]. This downturn indicates a challenging environment for both production and retail sectors, as demand may be weakening amid fluctuating economic conditions. The negative growth trend suggests that manufacturers may need to reassess their strategies to stabilize their market positions. In contrast, the producer price index has shown easing pressure, currently at 144.4 index points, down by 1.1 percentage points year-over-year [4]. This slight reduction in producer prices could provide some relief to manufacturers, potentially allowing for better pricing strategies in the retail market. However, the overall market dynamics remain complex, as the year-over-year decline in production turnover highlights ongoing challenges in meeting consumer demand and maintaining competitive pricing." }, { "id": "supply_chain", "title": "Trade & Competitiveness", "main_indicator": "exports_by_country", "summary": "Hungary's furniture market demonstrates 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 strong reliance on external markets, particularly Germany, which accounts for 39.15% of total exports [6]. Such concentration in destination markets underscores the importance of maintaining competitive advantages to sustain demand amidst fluctuating global conditions. Conversely, furniture imports have softened, totaling 408.6 HUF billion (around EUR 1.06 billion), which is 10.8% below the peak observed in 2022 [7]. This decline suggests a potential shift in sourcing strategies or a response to changing domestic demand dynamics. The primary import partners include Poland and Germany, contributing 26.35% and 21.25% respectively to Hungary's import landscape [8]. The interplay between these import trends and export performance will be crucial for understanding the overall competitiveness of 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 354.7 HUF per EUR, reflecting a strengthening of the local currency by 8.0% year-over-year [9]. This trend indicates a favorable environment for imports, potentially easing the cost pressures on furniture retailers reliant on foreign materials and components. As Hungary operates as a trade-oriented production market, this currency stability may enhance the competitiveness of imported goods, influencing overall market dynamics in furniture retail and consumption. Looking at the longer-term trajectory, the HUF has experienced fluctuations, with values recorded at 316.5 HUF per EUR in early 2015 and currently set to reach 384.2 HUF per EUR by mid-2026 [9]. Such a shift underscores the importance of monitoring exchange rate trends, as they directly impact production costs and consumer demand within the furniture sector. A weaker currency could lead to increased costs for imported goods, potentially constraining consumer spending and altering the landscape of furniture trade in Hungary." }, { "id": "macroeconomics", "title": "Macroeconomics", "main_indicator": "housing_market_activity", "summary": "Hungary's housing market activity is currently robust, registering an index of 128.7 points, indicating strong expansion and a significant increase of 29 points compared to 2019 [10]. This upward trend suggests a favorable environment for furniture retail and production, as increased housing activity typically correlates with heightened demand for furniture. The current momentum in the housing sector is likely to stimulate further investment in furniture production and retail, enhancing overall market dynamics. Consumer confidence in Hungary has also shown improvement, rising by 15.3 percentage points to a current level of 0.4 points [11]. This increase in consumer sentiment can positively influence furniture consumption, as higher confidence often leads to increased spending on home furnishings. The interplay between strong housing market activity and improving consumer confidence suggests a supportive macroeconomic backdrop for the furniture market, potentially leading to sustained demand in both the short and long term." } ], "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." ] }