Industry revenue of »retail sale of automotive fuel in specialised stores« in Hungary 2011-2023

Mirroring the trend in majority of the European countries including Denmark, Poland and Portugal, revenues from the sale of automotive fuel in specialised stores in Hungary are projected to decline from 4.9 billion U.S. dollars in 2011 to 3.4 billion U.S. dollars by 2023. This isn’t much surprising, as the EU legislation is in talks to phase out fossil-fuelled cars in the medium to long term, owing to the rising carbon footprint and growing environmental concerns. As a result, diesel cars face a grim future not only in the country, but within the whole of Europe. In fact, in 2018, diesel car registrations fell 36 percent across Europe, and have dropped by over 50 percent since the past five years, according to data from

This has opened the market for electric vehicles and Hungary is at the forefront. According to a report from the Budapest Business Journal, Hungary is one of the fastest growing markets for electric cars and hybrid electric cars, backed by favorable governmental initiatives such as large subsidies.

As of Q1 2020, 517 electric cars were sold in the country, a 36 percent year-on-year increase. Moreover, hybrid car sales grew nearly three-fold to over 5,600 compared to a year back.

Industry revenue of »retail sale of automotive fuel in specialised stores« in Hungary from 2011 to 2023

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* All products require an annual contract; Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Hungary. The industry “retail sale of automotive fuel in specialised stores“ has the code “G473“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Hungary"

Further Content: You might find this interesting as well

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.