Hungary - Carob - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarob Price in Hungary - 2023
Contents:
- Carob Price in Hungary (CIF) - 2022
- Carob Price in Hungary (FOB) - 2022
- Carob Imports in Hungary
- Carob Exports in Hungary
Carob Price in Hungary (CIF) - 2022
The average carob import price stood at $1,085 per ton in 2022, surging by 3.9% against the previous year. Overall, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($2,444 per ton), while the price for the Netherlands ($461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Carob Price in Hungary (FOB) - 2022
The average carob export price stood at $796 per ton in 2022, dropping by -62.9% against the previous year. In general, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 7.4% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,487 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,132 per ton), while the average price for exports to Suriname totaled $707 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.3%).
Carob Imports in Hungary
For the third consecutive year, Hungary recorded decline in purchases abroad of carob, which decreased by -6.6% to 12 tons in 2022. Overall, imports saw a abrupt decrease.
In value terms, carob imports declined slightly to $13K in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
| Import of Carob in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.8 | 4.9 | 9.6 | 6.0 | 28.9% |
| Italy | 10.1 | 4.4 | 2.8 | 3.4 | -30.4% |
| Netherlands | 2.4 | 2.0 | N/A | 1.4 | -16.4% |
| Indonesia | N/A | N/A | 0.4 | 1.3 | 225.0% |
| Others | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| Total | 15.3 | 11.4 | 13.0 | 12.6 | -6.3% |
Top Suppliers of Carob to Hungary in 2022:
- Spain (6.0 tons)
- Netherlands (3.0 tons)
- Italy (2.0 tons)
- Indonesia (0.6 tons)
Carob Exports in Hungary
In 2022, the amount of carob exported from Hungary skyrocketed to 14 tons, growing by 1,008% on the previous year's figure. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,154%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, carob exports surged to $11K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,901%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Carob in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Suriname | N/A | N/A | 9.5 | 0% | |
| Germany | N/A | 1.6 | 0.8 | -50.0% | |
| Slovakia | 0.1 | 0.5 | 0.5 | 123.6% | |
| Croatia | N/A | 0.5 | 0.3 | -40.0% | |
| Others | N/A | 0.1 | 0.1 | 0.0% | |
| Total | 0.1 | 2.7 | 11.2 | 958.3% | |
Top Export Markets for Carob from Hungary in 2022:
- Suriname (13.4 tons)
- Germany (0.3 tons)
- Slovakia (0.2 tons)
- Croatia (0.1 tons)
This report provides an in-depth analysis of the carob 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 461 - Carobs
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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