Hungary - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChestnut Price in Hungary - 2023
Contents:
- Chestnut Price in Hungary (CIF) - 2022
- Chestnut Price in Hungary (FOB) - 2022
- Chestnut Imports in Hungary
- Chestnut Exports in Hungary
Chestnut Price in Hungary (CIF) - 2022
In 2022, the average chestnut import price amounted to $1,546 per ton, waning by -26.2% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. Over the period under review, average import prices attained the peak figure at $2,093 per ton in 2021, and then fell significantly in the following year.
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 Germany ($5,444 per ton), while the price for Bosnia and Herzegovina ($941 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+0.1%), while the prices for the other major suppliers experienced a decline.
Chestnut Price in Hungary (FOB) - 2022
In 2022, the average chestnut export price amounted to $5,450 per ton, rising by 33% against the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 218%. Over the period under review, the average export prices attained the peak figure at $7,445 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2013 to 2022, the rate of growth in terms of prices for Switzerland amounted to +62.2% per year.
Chestnut Imports in Hungary
In 2022, approx. 1.5K tons of chestnuts were imported into Hungary; picking up by 42% compared with the year before. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chestnut imports expanded remarkably to $2.3M in 2022. Overall, imports, however, recorded a noticeable slump.
| Import of Chestnut in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 533 | 637 | 286 | 592 | 3.6% |
| Albania | 906 | 916 | 547 | 533 | -16.2% |
| Germany | 546 | 384 | 471 | 329 | -15.5% |
| Bosnia and Herzegovina | 35.4 | 84.7 | 260 | 287 | 100.9% |
| Italy | 31.5 | 16.4 | 148 | 163 | 73.0% |
| Austria | 124 | 179 | 193 | 163 | 9.5% |
| Spain | 68.8 | 69.3 | 181 | 86.2 | 7.8% |
| Czech Republic | 174 | 101 | 90.1 | 70.9 | -25.9% |
| Others | 61.8 | 57.6 | 23.2 | 89.5 | 13.1% |
| Total | 2,481 | 2,446 | 2,200 | 2,313 | -2.3% |
Top Suppliers of Chestnut to Hungary in 2022:
- Albania (520.8 tons)
- North Macedonia (450.1 tons)
- Bosnia and Herzegovina (304.6 tons)
- Germany (60.5 tons)
- Italy (43.6 tons)
- Austria (33.1 tons)
- Spain (24.5 tons)
- Czech Republic (17.7 tons)
Chestnut Exports in Hungary
In 2022, approx. 476 kg of chestnuts were exported from Hungary; increasing by 406% against 2021 figures. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,275% against the previous year. As a result, the exports reached the peak of 1.1 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, chestnut exports soared to $2.6K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 10,139%. As a result, the exports attained the peak of $7.6K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Chestnut in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | 6.9 | N/A | 2.6 | -38.6% |
| Spain | N/A | N/A | 0.2 | N/A | 0% |
| Slovakia | N/A | 0.7 | N/A | N/A | 0% |
| Austria | N/A | N/A | 0.1 | N/A | 0% |
| Slovenia | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 7.6 | 0.4 | 2.6 | 196.2% |
Top Export Markets for Chestnut from Hungary in 2022:
- Romania (476.0 kg)
This report provides an in-depth analysis of the chestnut 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 220 - Chestnuts
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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