Hungary - Beer - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBeer Price in Hungary - 2023
Contents:
- Beer Price in Hungary (CIF) - 2023
- Beer Price in Hungary (FOB) - 2023
- Beer Imports in Hungary
- Beer Exports in Hungary
Beer Price in Hungary (CIF) - 2023
In July 2023, the average beer import price amounted to $782 per thousand litres, shrinking by -7.5% against the previous month. In general, import price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, beer import price increased by +90.3% against October 2022 indices. The most prominent rate of growth was recorded in January 2023 an increase of 44% m-o-m. Over the period under review, average import prices reached the peak figure at $845 per thousand litres in June 2023, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($2.5 per litre), while the price for Serbia ($510 per thousand litres) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Beer Price in Hungary (FOB) - 2023
The average beer export price stood at $692 per thousand litres in July 2023, dropping by -6% against the previous month. Overall, export price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, beer export price decreased by -16.3% against May 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 20% month-to-month. Over the period under review, the average export prices reached the peak figure at $827 per thousand litres in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was China ($1.2 per litre), while the average price for exports to the Czech Republic ($524 per thousand litres) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Beer Imports in Hungary
In 2022, the amount of beer imported into Hungary was estimated at 189M litres, rising by 2.7% against the year before. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 5.5%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, beer imports expanded sharply to $87M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Beer in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 20.7 | 20.4 | 27.5 | 24.0 | 5.1% |
| Czech Republic | 13.8 | 12.1 | 15.8 | 15.7 | 4.4% |
| Germany | 8.1 | 6.8 | 7.7 | 8.1 | 0.0% |
| Slovakia | 1.2 | 5.8 | 2.1 | 7.1 | 80.9% |
| Belgium | 7.3 | 5.7 | 5.5 | 6.2 | -5.3% |
| Serbia | 5.9 | 4.9 | 4.7 | 5.1 | -4.7% |
| Croatia | 1.2 | 0.3 | 0.1 | 4.8 | 58.7% |
| Romania | 5.5 | 4.3 | 4.4 | 3.6 | -13.2% |
| Austria | 6.0 | 4.1 | 2.1 | 1.7 | -34.3% |
| Others | 7.1 | 9.2 | 12.8 | 10.7 | 14.7% |
| Total | 76.6 | 73.5 | 82.6 | 87.1 | 4.4% |
Top Suppliers of Beer to Hungary in 2022:
- Poland (69.5M litres)
- Czech Republic (35.5M litres)
- Slovakia (17.7M litres)
- Germany (16.4M litres)
- Serbia (12.2M litres)
- Croatia (11.2M litres)
- Romania (5.5M litres)
- Belgium (5.2M litres)
- Austria (3.3M litres)
Beer Exports in Hungary
In 2022, overseas shipments of beer decreased by -15% to 46M litres for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 54M litres, and then fell rapidly in the following year.
In value terms, beer exports dropped slightly to $23M in 2022. The total export value increased at an average annual rate of +12.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. The exports peaked at $23M in 2021, and then reduced modestly in the following year.
| Export of Beer in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2.6 | 5.3 | 7.5 | 5.0 | 24.4% |
| Serbia | 1.0 | 0.3 | 0.1 | 4.9 | 69.8% |
| China | 1.9 | 2.8 | 3.1 | 3.5 | 22.6% |
| Croatia | 2.9 | 4.2 | 4.2 | 2.7 | -2.4% |
| Poland | 1.6 | 1.3 | 1.3 | 2.2 | 11.2% |
| Romania | 1.5 | 1.4 | 2.3 | 1.4 | -2.3% |
| Germany | N/A | 0.4 | 0.2 | 0.6 | 22.5% |
| Slovakia | 3.2 | 3.1 | 3.1 | 0.4 | -50.0% |
| Others | 0.9 | 0.5 | 1.3 | 1.8 | 26.0% |
| Total | 15.7 | 19.4 | 23.1 | 22.6 | 12.9% |
Top Export Markets for Beer from Hungary in 2022:
- Czech Republic (12.0M litres)
- Poland (7.4M litres)
- Croatia (7.4M litres)
- Serbia (7.1M litres)
- Romania (4.3M litres)
- China (3.1M litres)
- Germany (1.4M litres)
- Slovakia (0.9M litres)
This report provides an in-depth analysis of the beer 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.
Product coverage:
- FCL 51 - Beer of Barley
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the beer market in Hungary.
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This report provides an in-depth analysis of the global beer market.
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This report provides an in-depth analysis of the beer market in Hungary.
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This report provides an in-depth analysis of the global beer market.
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Explore the top import markets for beer in the world, including key statistics and insights. Discover the countries with the highest import values for beer, such as the United States, France, and Italy. Dive into the market trends and preferences driving the global beer industry.
598
Explore the best import markets for beer worldwide, including the United States, France, China, Italy, and the United Kingdom. These countries provide immense opportunities for beer producers due to their growing consumer base and diverse beer styles.
