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Hungary - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Oct 21, 2019

Hungary's Exports of Preserved Peas Halved over the Last Decade, Mainly Due to Low Supplies to Russia

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IndexBox has just published a new report: 'Hungary - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

Hungary, the world's largest importer of canned peas, suffers from a continued decline in its production and exports. Over the past decade, its exports fell sharply from $ X million in 2008 to $ X million in 2018, mainly due to low shipments to Russia.

Production in Hungary

Preserved peas production in Hungary amounted to X tonnes in 2018, declining by -X% against the previous year. Overall, preserved peas production continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Preserved peas production peaked at X tonnes in 2008; however, from 2009 to 2018, production failed to regain its momentum.

In value terms, preserved peas production amounted to $X in 2018 estimated in export prices. In general, preserved peas production continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, preserved peas production reached its peak figure level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Exports from Hungary

Preserved peas exports from Hungary stood at X tonnes in 2018, dropping by -X% against the previous year. In general, preserved peas exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, preserved peas exports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, preserved peas exports amounted to $X (IndexBox estimates) in 2018. Over the period under review, preserved peas exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Russia (X tonnes) was the main destination for preserved peas exports from Hungary, accounting for a X% share of total exports. Moreover, preserved peas exports to Russia exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

From 2008 to 2018, the average annual growth rate of volume to Russia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, the largest markets for preserved peas exported from Hungary were Russia ($X), Germany ($X) and Italy ($X), with a combined X% share of total exports. These countries were followed by Romania, Lithuania, Belgium, the UK, the Czech Republic, Latvia, France, Poland and Armenia, which together accounted for a further X%.

Among the main countries of destination, Belgium recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved peas export price stood at $X per tonne in 2018, surging by X% against the previous year. In general, the preserved peas export price, however, continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. In that year, the average export prices for preserved peas reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for preserved peas remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Armenia ($X per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

This report provides an in-depth analysis of the preserved peas market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007-2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2019
Figure 5:
Trade Balance, In Physical Terms, 2007-2019
Figure 6:
Trade Balance, In Value Terms, 2007-2019
Figure 7:
Per Capita Consumption, 2007-2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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