Industry Statistics and Rankings
How does this industry perform in Hungary compared to Europe?
Country Benchmarking
Industry Data Hungary
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#16 In EuropeBusiness
#12 In EuropeEmployees
#14 In EuropeWages
#18 In EuropeThe Freight Road Transport in Hungary ranks 16 in Europe with regards to its 2024 revenue (€7.0bn). Revenue received by operators in Hungary has been low in volatility over the past five-year period, with the average annual change in revenue (4.9 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Freight Road Transport industry in Hungary in 2024?
The market size of the Freight Road Transport industry in Hungary is €7.0bn in 2024.
How many businesses are there in the Freight Road Transport in Hungary industry in 2024?
There are 24,156 businesses in the Freight Road Transport industry in Hungary, which has grown at a CAGR of 9.2 % between 2019 and 2024.
Has the Freight Road Transport industry in Hungary grown or declined over the past 5 years?
The market size of the Freight Road Transport industry in Hungary has been declining at a CAGR of 4.9 % between 2019 and 2024.
What is the forecast growth of the Freight Road Transport industry in Hungary over the next 5 years?
Over the next five years, the Freight Road Transport industry in Hungary is expected to grow.
What does the Freight Road Transport in Hungary include?
National transport and International loaded and unloaded transport are part of the Freight Road Transport industry.
How competitive is the Freight Road Transport industry in Hungary?
The level of competition is high and steady in the Freight Road Transport industry in Hungary.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Postal & Courier Activities in Hungary
- Freight Rail Transport in Hungary
Complementors
- Warehousing & Storage in Hungary
- Land Transport Support Services in Hungary
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry transport freight by road. The industry includes haulage of goods in bulk, including food products, beverages and tobacco, timber, automobiles, refrigerated goods, heavy machinery, liquids and waste materials.
What's included in this industry?
National transportInternational loaded and unloaded transportCross trade transport and cabotageIndustry Code
4923 - Freight transport by road in Hungary
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Freight Road Transport in Hungary
- Employees in the Freight Road Transport in Hungary
- Business in the Freight Road Transport in Hungary
- Profit in the Freight Road Transport in Hungary
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Lorry drivers must comply with EU Regulation 561/2006. This regulation lays down rules on driving times, breaks and rest periods for drivers of lorries, coaches and buses to improve working conditions and road safety. Increasingly stringent emission regulations will impact diesel vehicles.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Freight Road Transport in Hungary industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Volatile fuel prices cause purchase costs to soar. Over 2022, the world price of crude oil jumped by almost 40%, pushing up fuel prices and purchase costs. Some companies charge their clients input costs and an additional management fee to protect profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Freight Road Transport in Hungary industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
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