Broken Rice Price in Hungary - 2023
Contents:
- Broken Rice Price in Hungary (CIF) - 2022
- Broken Rice Price in Hungary (FOB) - 2022
- Broken Rice Imports in Hungary
- Broken Rice Exports in Hungary
Broken Rice Price in Hungary (CIF) - 2022
The average broken rice import price stood at $571 per ton in 2022, rising by 11% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice import price increased by +64.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($908 per ton), while the price for Greece ($440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in Hungary (FOB) - 2022
In 2022, the average broken rice export price amounted to $1,159 per ton, stabilizing at the previous year. In general, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 60%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($6,890 per ton), while the average price for exports to Slovakia ($895 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Imports in Hungary
For the third consecutive year, Hungary recorded decline in overseas purchases of broken rice, which decreased by -11.3% to 2.1K tons in 2022. Overall, imports continue to indicate a precipitous decline.
In value terms, broken rice imports dropped modestly to $1.2M in 2022. Over the period under review, imports recorded a deep reduction.
| Import of Broken Rice in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 363 | 520 | 335 | 202 | -17.7% |
| Spain | 190 | N/A | N/A | 187 | -0.5% |
| Myanmar | 280 | 172 | N/A | 167 | -15.8% |
| Netherlands | 113 | 236 | 387 | 160 | 12.3% |
| Belgium | 137 | N/A | N/A | 137 | 0.0% |
| Slovakia | 93.3 | 258 | 216 | 92.3 | -0.4% |
| Bulgaria | 12.9 | N/A | N/A | 56.6 | 63.7% |
| Italy | 257 | 219 | 174 | 45.1 | -44.0% |
| Others | 190 | 18.9 | 103 | 147 | -8.2% |
| Total | 1,636 | 1,422 | 1,215 | 1,194 | -10.0% |
Top Suppliers of Broken Rice to Hungary in 2022:
- Greece (459.1 tons)
- Spain (289.2 tons)
- Netherlands (283.6 tons)
- Belgium (247.0 tons)
- Myanmar (243.5 tons)
- Slovakia (129.9 tons)
- Bulgaria (124.4 tons)
- Italy (49.7 tons)
Broken Rice Exports in Hungary
For the third consecutive year, Hungary recorded decline in overseas shipments of broken rice, which decreased by 0% to 136 kg in 2022. In general, exports continue to indicate a sharp setback. The smallest decline of -98.4% was in 2020.
In value terms, broken rice exports amounted to $158 in 2022. Overall, exports showed a dramatic downturn. The smallest decline of -97.5% was in 2020.
| Export of Broken Rice in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.7 | N/A | N/A | 0.1 | -72.3% |
| Slovakia | 3.0 | N/A | N/A | N/A | 0% |
| Serbia | N/A | 0.3 | N/A | N/A | 0% |
| Poland | 4.0 | N/A | N/A | N/A | 0% |
| Netherlands | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 12.4 | 0.3 | N/A | 0.2 | -74.7% |
Top Export Markets for Broken Rice from Hungary in 2022:
- Belgium (95.0 kg)
- Slovakia (37.0 kg)
- Netherlands (3.0 kg)
906
This report provides an in-depth analysis of the rice market in Hungary.
486
This report provides an in-depth analysis of the paddy rice market in Hungary.
321
This report provides an in-depth analysis of the grain market in Hungary.
1389
This report provides an in-depth analysis of the global broken rice market.
499
This report provides an in-depth analysis of the global milled rice market.
7895
This report provides an in-depth analysis of the global rice market.
1595
This report provides an in-depth analysis of the global paddy rice market.
749
This report provides an in-depth analysis of the global brown rice market.
626
This report provides an in-depth analysis of the global milled rice market.
3959
This report provides an in-depth analysis of the global grain market.
62
Explore the top import markets for milled rice in 2023, including key statistics and trends. Discover which countries drive the global demand for rice imports.
296
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
838
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
800
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1429
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10426
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2164
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1509
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1554
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1342
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
