Hungary: Safety Headgear Market 2025

Safety Headgear Market Size in Hungary

The Hungarian safety headgear market soared to $X in 2021, rising by 26% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a prominent expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Safety Headgear Exports

Exports from Hungary

In 2021, exports of safety headgear from Hungary skyrocketed to X units, jumping by 90% compared with 2020. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 133% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, safety headgear exports skyrocketed to $X in 2021. In general, exports saw a tangible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 149% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X units), Slovakia (X units) and Austria (X units) were the main destinations of safety headgear exports from Hungary, with a combined 81% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +145.3%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) emerged as the key foreign market for safety headgear exports from Hungary, comprising 44% of total exports. The second position in the ranking was taken by Serbia ($X), with a 20% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at +42.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+39.5% per year) and Austria (+140.4% per year).

Export Prices by Country

In 2021, the average safety headgear export price amounted to $X per unit, surging by 1.8% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2016 an increase of 26% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+41.2%), while the prices for the other major destinations experienced mixed trend patterns.

Safety Headgear Imports

Imports into Hungary

Safety headgear imports into Hungary skyrocketed to X units in 2021, increasing by 25% against 2020 figures. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 51%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, safety headgear imports soared to $X in 2021. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 50% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), France (X units) and the Netherlands (X units) were the main suppliers of safety headgear imports to Hungary, together comprising 42% of total imports. These countries were followed by Italy, Poland, Croatia, Germany, Spain, Slovenia, the Czech Republic and Slovakia, which together accounted for a further 52%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +162.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Germany ($X) appeared to be the largest safety headgear suppliers to Hungary, together accounting for 42% of total imports. Croatia, the Netherlands, Spain, Poland, the Czech Republic, Italy, Slovenia and Slovakia lagged somewhat behind, together comprising a further 45%.

In terms of the main suppliers, Croatia, with a CAGR of +145.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average safety headgear import price stood at $X per unit in 2021, rising by 6.7% against the previous year. In general, the import price, however, showed a mild setback. The growth pace was the most rapid in 2017 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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