tanmayMay 11, 2021
Global Hungary Freight And Logistics Market Size, Status And Forecast 2021-2026
The Hungary freight and logistics market has been on a constant rise since the past few years and is expected to grow at a CAGR of around 6% in the coming years. The net turnover of the logistics service providers in Hungary of around HUF 3,400 billion, accounts for nearly 5% of the total net turnover of the national economy. Currently, there are 40,000 logistics companies in Hungary, of which a significant part are small and medium-sized enterprises. The Hungarian logistics sector employs 259 thousand people, which is around 6.5% of the total employment on the countries labor force. The Logistics sector accounts for 6.3% of the Hungarian gross domestic product.