| Product Code: ETC088478 | Publication Date: Jun 2021 | Updated Date: Jan 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Hungary`s import trend for propane in 2024 experienced a notable decline, with a growth rate of -38.53% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -5.55%. This significant decrease in import momentum could be attributed to shifts in demand patterns or changes in trade policies impacting the market stability.

By 2027, the Propane market in Hungary is anticipated to reach a growth rate of 5.30%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

The Hungary Propane Market is experiencing steady growth, supported by the increasing demand for clean and efficient energy sources across residential, commercial, and industrial sectors. Propane is widely used for heating, cooking, transportation, and industrial processes due to its affordability, versatility, and lower carbon footprint compared to traditional fuels. In Hungary, the shift towards cleaner energy sources and the implementation of stricter environmental regulations are driving the adoption of propane for various applications. Moreover, the availability of advanced propane distribution infrastructure and storage facilities further contributes to market growth in Hungary.
The Hungary propane market is influenced by factors such as the increasing demand for clean and efficient energy sources, expanding applications of propane across residential, commercial, industrial, and agricultural sectors, and favorable government initiatives promoting the use of propane as an alternative fuel. Propane offers advantages such as lower emissions, cost-effectiveness, and versatility, driving its adoption in heating, cooking, transportation, and power generation applications.
Challenges in the propane market may include volatility in global energy markets, regulatory constraints on storage and distribution, and the need for infrastructure investments to expand distribution networks and ensure reliable supply chains.
Government policies in Hungary regarding the propane market aim to ensure safety, environmental protection, and fair competition. These policies may include regulations governing the storage, transportation, and distribution of propane, safety standards for propane equipment and installations, and incentives for companies to invest in clean energy alternatives.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Propane Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Propane Market Revenues & Volume, 2020 & 2027F |
3.3 Hungary Propane Market - Industry Life Cycle |
3.4 Hungary Propane Market - Porter's Five Forces |
3.5 Hungary Propane Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Hungary Propane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Propane Market Trends |
6 Hungary Propane Market, By Types |
6.1 Hungary Propane Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Hungary Propane Market Revenues & Volume, By Applications, 2018 - 2027F |
6.1.3 Hungary Propane Market Revenues & Volume, By Industrial, 2018 - 2027F |
6.1.4 Hungary Propane Market Revenues & Volume, By Commercial, 2018 - 2027F |
6.1.5 Hungary Propane Market Revenues & Volume, By Residential, 2018 - 2027F |
6.1.6 Hungary Propane Market Revenues & Volume, By Transportation, 2018 - 2027F |
6.1.7 Hungary Propane Market Revenues & Volume, By Agriculture, 2018 - 2027F |
6.1.8 Hungary Propane Market Revenues & Volume, By Chemicals and Refineries, 2018 - 2027F |
7 Hungary Propane Market Import-Export Trade Statistics |
7.1 Hungary Propane Market Export to Major Countries |
7.2 Hungary Propane Market Imports from Major Countries |
8 Hungary Propane Market Key Performance Indicators |
9 Hungary Propane Market - Opportunity Assessment |
9.1 Hungary Propane Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 Hungary Propane Market - Competitive Landscape |
10.1 Hungary Propane Market Revenue Share, By Companies, 2020 |
10.2 Hungary Propane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here