Hungary
Hungary is a Central European country with a rich cultural heritage, beautiful architecture, and delicious cuisine. However, in recent years, it has also emerged as a hub for e-commerce and logistics due to several factors that make it an attractive destination for businesses in these industries.
In 2020, the e-commerce market in Hungary was worth EUR 3 billion, with a growth rate of 22.5% compared to the previous year. It is expected to continue its upward trend, with a projected annual growth rate of 15% by 2025, making it one of the fastest-growing e-commerce markets in Europe. The largest segment in the e-commerce market in Hungary is fashion, with a market volume of EUR 1 billion in 2020. Other significant segments include electronics and media, with a market volume of EUR 600 million and EUR 350 million, respectively.
According to a market report by ResearchAndMarkets, the logistics market in Hungary is expected to grow at a CAGR of 6.5% from 2021 to 2026. The growth is driven by the increasing demand for e-commerce and the need for efficient supply chain management. Moreover, tools such as shipping analytics are becoming increasingly popular among e-commerce businesses in Hungary, as they help to optimize shipping routes, reduce transit time, and minimize costs.
Transit Time Insights & Analysis
Dive into quarterly transit time trends and spotlight the top carriers, offering a clear view of the country's logistics landscape.
Dive into quarterly transit time trends and spotlight the top carriers, offering a clear view of the country's logistics landscape.
Carrier Performance in Top Trade Routes
Delve into the transit times of carriers on specific trade routes and acquaint yourself with the top international carriers setting the benchmark in the logistics industry
Delve into the transit times of carriers on specific trade routes and acquaint yourself with the top international carriers setting the benchmark in the logistics industry
Explore more markets
Deep dive into each of the following market's e-commerce logistics insights
Deep dive into each of the following market's e-commerce logistics insights
Delivery Performance Insights
Get a comprehensive overview of delivery performance data, ranging from delivery success rates by quarter to the percentage of delivery success for top carriers
Get a comprehensive overview of delivery performance data, ranging from delivery success rates by quarter to the percentage of delivery success for top carriers
Data Collection and Analysis Methodology
Vast Data Collection
Our benchmarking and carrier performance measurement techniques allow us to collect billions of anonymized data points from over 170 countries each year. We analyze the data from the hundreds of millions of parcels tracked on our platform from over 1,000 carriers, giving us the ability to distill a wealth of information about the global logistics industry.
Maintaining Data Representativeness
Domestic and international data is analyzed on a trade lane level, comparing the combinations of origin and destination to maintain data representativeness. This allows us to capture the nuances of specific trade lanes and provide insights that are tailored to the needs of our customers.
Rigorous Quality Control
To ensure the accuracy and representativeness of our data, we set strict minimum requirements for data point quantity and comparability when compiling carrier data sets. This helps to eliminate outliers and ensure that our insights are based on high-quality, unbiased, and representative data.
Transparent and Accurate Data Analysis
At our core, we believe that transparency and accuracy are essential to building trust with our customers. We are committed to delivering data insights that are free from bias and reflect the realities of the global logistics industry. Our customers can be confident in the accuracy of our data and the reliability of our insights.
Data-Driven Excellence with Real Consumer Insights
Global Data Coverage
Our data comprises over 170 million shipments spanning across 63,000 domestic and international tradelanes in 170+ countries.
Based on Neutral and Representative Data
With no affiliation to any logistics company, confidently benchmark your data against 1,070+ last mile carriers.
Comprehensive Metrics
Analyze key KPIs such as transit times, issue ratios and on-time performance while reviewing e-commerce trends and consumer insights.
