Hungary - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in Hungary - 2023
Contents:
- Frozen Fruit Price in Hungary (FOB) - 2023
- Frozen Fruit Price in Hungary (CIF) - 2023
- Frozen Fruit Exports in Hungary
- Frozen Fruit Imports in Hungary
Frozen Fruit Price in Hungary (FOB) - 2023
The average frozen fruit export price stood at $3,097 per ton in June 2023, rising by 29% against the previous month. Over the period under review, export price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.6% 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, frozen fruit export price increased by +42.7% against February 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the Netherlands ($5,262 per ton), while the average price for exports to Belgium ($1,882 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 Germany (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fruit Price in Hungary (CIF) - 2023
In June 2023, the average frozen fruit import price amounted to $2,003 per ton, which is down by -6.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 11% against the previous month. Over the period under review, average import prices hit record highs at $2,555 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Bulgaria ($3,259 per ton), while the price for Egypt ($1,023 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 Bulgaria (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fruit Exports in Hungary
In 2022, shipments abroad of frozen fruits decreased by -7.6% to 13K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 12%. As a result, the exports reached the peak of 16K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, frozen fruit exports shrank rapidly to $30M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.
| Export of Frozen Fruit in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Austria | 5.4 | 6.8 | 9.3 | 31.2% | |
| Sweden | 11.8 | 12.0 | 9.1 | -12.2% | |
| Germany | 2.3 | 4.8 | 6.8 | 71.9% | |
| Switzerland | 3.4 | 3.8 | 3.9 | 7.1% | |
| Netherlands | 1.8 | 1.6 | 2.7 | 22.5% | |
| Romania | 1.6 | 1.6 | 1.7 | 3.1% | |
| Belgium | 1.3 | 1.2 | 1.4 | 3.8% | |
| Others | 1.9 | 4.1 | 4.0 | 45.1% | |
| Total | 29.4 | 35.9 | 38.9 | 15.0% | |
Top Export Markets for Frozen Fruit from Hungary in 2022:
- Austria (3.3K tons)
- Sweden (3.0K tons)
- Germany (2.6K tons)
- Switzerland (1.2K tons)
- Romania (1.0K tons)
- Netherlands (0.8K tons)
- Belgium (0.7K tons)
Frozen Fruit Imports in Hungary
In 2022, overseas purchases of frozen fruits decreased by -16.9% to 13K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 12%.
In value terms, frozen fruit imports fell to $33M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year.
| Import of Frozen Fruit in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Poland | 3.0 | 4.2 | 7.6 | 59.2% | |
| Slovakia | 0.1 | 1.0 | 5.7 | 655.0% | |
| Serbia | 3.2 | 4.2 | 5.6 | 32.3% | |
| Netherlands | 3.3 | 3.4 | 4.1 | 11.5% | |
| Germany | 4.0 | 4.2 | 4.0 | 0.0% | |
| Bulgaria | 1.5 | 2.0 | 1.6 | 3.3% | |
| Egypt | 0.2 | 0.3 | 1.0 | 123.6% | |
| Sweden | 5.3 | 5.1 | 0.9 | -58.8% | |
| China | 0.5 | 0.3 | 0.6 | 9.5% | |
| Czech Republic | 0.7 | 0.7 | 0.5 | -15.5% | |
| Spain | 0.4 | 0.6 | 0.5 | 11.8% | |
| Italy | 1.0 | 1.0 | 0.1 | -68.4% | |
| Others | 1.9 | 3.2 | 4.0 | 45.1% | |
| Total | 25.0 | 30.2 | 36.0 | 20.0% | |
Top Suppliers of Frozen Fruit to Hungary in 2022:
- Italy (undefinedK tons)
- Serbia (3.6K tons)
- Poland (3.2K tons)
- Slovakia (2.4K tons)
- Netherlands (2.0K tons)
- Germany (1.5K tons)
- Egypt (1.0K tons)
- Bulgaria (0.6K tons)
- China (0.5K tons)
- Czech Republic (0.3K tons)
- Sweden (0.2K tons)
- Spain (0.2K tons)
This report provides an in-depth analysis of the frozen fruit 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 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
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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