Hungary - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Vegetables Price in Hungary - 2023
Contents:
- Dried Vegetables Price in Hungary (FOB) - 2023
- Dried Vegetables Price in Hungary (CIF) - 2023
- Dried Vegetables Exports in Hungary
- Dried Vegetables Imports in Hungary
Dried Vegetables Price in Hungary (FOB) - 2023
In June 2023, the average dried vegetables export price amounted to $7,507 per ton, almost unchanged from the previous month. Overall, export price indicated a pronounced expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, dried vegetables export price decreased by -15.4% against April 2023 indices. The growth pace was the most rapid in February 2023 an increase of 38% m-o-m. The export price peaked at $8,872 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Iran ($35,104 per ton), while the average price for exports to Turkey ($3,803 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Vegetables Price in Hungary (CIF) - 2023
The average dried vegetables import price stood at $6,177 per ton in June 2023, which is down by -23.9% against the previous month. In general, the import price, however, saw tangible growth. The pace of growth was the most pronounced in March 2023 when the average import price increased by 88% against the previous month. Over the period under review, average import prices reached the peak figure at $12,823 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 the United States ($20,358 per ton), while the price for India ($886 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 Germany (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Vegetables Exports in Hungary
In 2022, shipments abroad of dried vegetables and mixtures of vegetables decreased by -4.5% to 5.3K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 16%.
In value terms, dried vegetables exports expanded sharply to $29M in 2022. The total export value increased at an average annual rate of +11.8% 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 with an increase of 16%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Dried Vegetables in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.6 | 5.7 | 6.8 | 8.6 | 23.2% |
| Germany | 3.0 | 4.6 | 4.6 | 4.6 | 15.3% |
| France | 1.6 | 1.8 | 2.1 | 1.9 | 5.9% |
| Spain | 1.0 | 1.0 | 1.9 | 1.7 | 19.3% |
| Italy | 1.4 | 1.1 | 1.2 | 1.6 | 4.6% |
| Romania | 1.1 | 0.9 | 1.3 | 1.3 | 5.7% |
| Poland | 0.4 | 0.7 | 1.0 | 0.8 | 26.0% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Netherlands | 0.5 | 0.8 | 0.6 | 0.7 | 11.9% |
| Japan | 0.1 | 0.3 | 0.6 | 0.7 | 91.3% |
| Serbia | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
| Belgium | 0.2 | 0.3 | 0.4 | 0.5 | 35.7% |
| Mexico | 1.0 | 0.8 | 0.2 | 0.3 | -33.1% |
| Others | 5.1 | 5.6 | 4.3 | 4.8 | -2.0% |
| Total | 20.5 | 23.8 | 25.4 | 28.7 | 11.9% |
Top Export Markets for Dried Vegetables from Hungary in 2022:
- United States (1584.8 tons)
- Germany (1146.4 tons)
- France (336.9 tons)
- Romania (319.6 tons)
- Spain (302.5 tons)
- Italy (250.4 tons)
- United Kingdom (197.8 tons)
- Netherlands (113.9 tons)
- Poland (101.3 tons)
- Belgium (99.7 tons)
- Serbia (95.3 tons)
- Japan (81.8 tons)
- Mexico (43.9 tons)
Dried Vegetables Imports in Hungary
In 2022, approx. 8.3K tons of dried vegetables and mixtures of vegetables were imported into Hungary; rising by 39% against 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, dried vegetables imports soared to $33M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dried Vegetables in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 2.2 | 2.7 | 5.6 | 38.7% |
| China | 2.0 | 2.5 | 3.1 | 4.0 | 26.0% |
| Serbia | 2.4 | 2.5 | 2.9 | 3.9 | 17.6% |
| France | 3.8 | 3.3 | 3.6 | 3.4 | -3.6% |
| Poland | 1.5 | 2.3 | 2.7 | 3.2 | 28.7% |
| Germany | 2.7 | 2.7 | 2.6 | 2.8 | 1.2% |
| Slovakia | 0.1 | 0.1 | 0.2 | 1.1 | 122.4% |
| Italy | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Portugal | 0.9 | 0.9 | 0.8 | 0.8 | -3.9% |
| Spain | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
| Romania | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Belgium | 0.2 | 0.3 | 0.3 | 0.5 | 35.7% |
| Sweden | N/A | N/A | N/A | 0.3 | 0% |
| Others | 4.8 | 4.8 | 4.0 | 5.1 | 2.0% |
| Total | 20.6 | 21.6 | 23.5 | 33.1 | 17.1% |
Top Suppliers of Dried Vegetables to Hungary in 2022:
- Netherlands (1494.6 tons)
- China (1228.0 tons)
- Poland (1143.7 tons)
- Serbia (1109.0 tons)
- Germany (562.8 tons)
- Belgium (273.2 tons)
- Spain (263.4 tons)
- Romania (255.5 tons)
- Slovakia (252.7 tons)
- Italy (218.6 tons)
- Portugal (214.8 tons)
- Sweden (186.8 tons)
- France (179.8 tons)
This report provides an in-depth analysis of the dried vegetables 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:
- Prodcom 10391390 - Dried vegetables (excluding potatoes, onions, mushrooms and truffles) and mixtures of vegetables, whole, cut, sliced, b roken or in powder, but not further prepared
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
- 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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