Hungary - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarrot and Turnip Price in Hungary - 2023
Contents:
- Carrot and Turnip Price in Hungary (CIF) - 2023
- Carrot and Turnip Price in Hungary (FOB) - 2023
- Carrot and Turnip Imports in Hungary
- Carrot and Turnip Exports in Hungary
Carrot and Turnip Price in Hungary (CIF) - 2023
In June 2023, the average carrot and turnip import price amounted to $1,121 per ton, leveling off at the previous month. Over the period under review, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in December 2022 an increase of 73% month-to-month. Over the period under review, average import prices reached the peak figure at $1,161 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($1,736 per ton), while the price for Slovakia ($693 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Carrot and Turnip Price in Hungary (FOB) - 2023
In May 2023, the average carrot and turnip export price amounted to $1,027 per ton, picking up by 16% against the previous month. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in June 2022 an increase of 25% against the previous month. Over the period under review, the average export prices attained the peak figure in May 2023.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Slovakia ($1,779 per ton), while the average price for exports to Romania ($999 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Carrot and Turnip Imports in Hungary
In 2022, carrot and turnip imports into Hungary declined to 7K tons, waning by -2.1% compared with 2021. Overall, imports showed a pronounced decline.
In value terms, carrot and turnip imports reduced notably to $4.1M in 2022. Over the period under review, imports faced a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 1.3%. As a result, imports attained the peak of $5.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Carrot and Turnip in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,451 | 1,497 | 853 | 996 | -11.8% |
| Netherlands | 2,299 | 1,362 | 1,813 | 969 | -25.0% |
| Austria | 593 | 1,086 | 1,123 | 942 | 16.7% |
| Italy | 577 | 451 | 647 | 462 | -7.1% |
| Czech Republic | 73.7 | 698 | 95.6 | 173 | 32.9% |
| Slovakia | 114 | 82.0 | 69.2 | 154 | 10.5% |
| Poland | 385 | 189 | 152 | 141 | -28.5% |
| Serbia | 108 | 68.0 | 35.0 | 26.0 | -37.8% |
| Others | 214 | 456 | 407 | 238 | 3.6% |
| Total | 5,815 | 5,889 | 5,194 | 4,101 | -11.0% |
Top Suppliers of Carrot and Turnip to Hungary in 2022:
- Austria (1806.6 tons)
- Netherlands (1739.6 tons)
- Germany (1439.1 tons)
- Italy (803.8 tons)
- Slovakia (408.3 tons)
- Poland (327.7 tons)
- Czech Republic (218.1 tons)
- Serbia (77.2 tons)
Carrot and Turnip Exports in Hungary
In 2022, approx. 4K tons of carrots and turnips were exported from Hungary; surging by 76% compared with the previous year. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 94%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, carrot and turnip exports soared to $1.7M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carrot and Turnip in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 821 | 1,138 | 938 | 1,529 | 23.0% |
| Slovakia | 42.5 | 66.9 | 141 | 95.5 | 31.0% |
| Others | 68.3 | 69.5 | 56.2 | 56.6 | -6.1% |
| Total | 932 | 1,275 | 1,135 | 1,681 | 21.7% |
Top Export Markets for Carrot and Turnip from Hungary in 2022:
- Romania (3.9K tons)
- Slovakia (0.1K tons)
This report provides an in-depth analysis of the carrot and turnip 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 426 - Carrot
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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This report provides an in-depth analysis of the carrot and turnip market in Hungary.
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This report provides an in-depth analysis of the global carrot and turnip market.
685
This report provides an in-depth analysis of the carrot and turnip market in Hungary.
3589
This report provides an in-depth analysis of the global carrot and turnip market.
8296
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4385
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4973
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5617
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
8296
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4385
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4973
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5617
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
