Hungary - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in Hungary - 2023
Contents:
- Frozen Sweet Corn Price in Hungary (FOB) - 2023
- Frozen Sweet Corn Price in Hungary (CIF) - 2022
- Frozen Sweet Corn Exports in Hungary
- Frozen Sweet Corn Imports in Hungary
Frozen Sweet Corn Price in Hungary (FOB) - 2023
The average frozen sweet corn export price stood at $1,456 per ton in August 2023, dropping by -9.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in November 2022 an increase of 20% against the previous month. The export price peaked at $1,602 per ton in July 2023, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($1,946 per ton), while the average price for exports to Israel ($1,093 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Sweet Corn Price in Hungary (CIF) - 2022
The average frozen sweet corn import price stood at $1,059 per ton in 2022, increasing by 9.4% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen sweet corn import price increased by +29.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34%. As a result, import price reached the peak level of $1,137 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,445 per ton), while the price for Bulgaria ($783 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Sweet Corn Exports in Hungary
In 2022, exports of frozen sweet corn from Hungary reduced to 50K tons, with a decrease of -6.7% compared with the previous year. Overall, exports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of less than 0.1%.
In value terms, frozen sweet corn exports reduced to $56M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year.
| Export of Frozen Sweet Corn in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 21.5 | 22.3 | 25.0 | 22.8 | 2.0% |
| Belgium | 7.5 | 8.4 | 10.8 | 9.1 | 6.7% |
| Japan | 1.6 | 2.8 | 4.0 | 4.5 | 41.2% |
| Israel | 1.0 | 2.3 | 2.3 | 3.2 | 47.4% |
| Germany | 4.1 | 4.8 | 4.0 | 2.5 | -15.2% |
| Sweden | 2.9 | 1.6 | 2.1 | 2.0 | -11.6% |
| Slovakia | 1.6 | 3.2 | 1.2 | 1.5 | -2.1% |
| Finland | 0.5 | 0.9 | 1.4 | 1.2 | 33.9% |
| Poland | 1.8 | 1.6 | 0.6 | 0.4 | -39.4% |
| Others | 7.4 | 7.5 | 7.9 | 8.2 | 3.5% |
| Total | 49.9 | 55.5 | 59.3 | 55.5 | 3.6% |
Top Export Markets for Frozen Sweet Corn from Hungary in 2022:
- United Kingdom (20.5K tons)
- Belgium (9.1K tons)
- Israel (3.4K tons)
- Japan (3.2K tons)
- Germany (2.2K tons)
- Sweden (1.4K tons)
- Finland (1.2K tons)
- Slovakia (1.2K tons)
- Poland (0.4K tons)
Frozen Sweet Corn Imports in Hungary
For the fourth consecutive year, Hungary recorded growth in supplies from abroad of frozen sweet corn, which increased by 39% to 8K tons in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 176% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, frozen sweet corn imports soared to $8.5M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 153% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Frozen Sweet Corn in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | N/A | N/A | N/A | 2,336 | 0% |
| Serbia | 525 | 625 | 815 | 1,373 | 37.8% |
| Ukraine | N/A | N/A | 640 | 967 | 51.1% |
| Poland | 155 | 95.0 | 132 | 906 | 80.1% |
| Bulgaria | N/A | N/A | N/A | 625 | 0% |
| Slovakia | 95.0 | 254 | 456 | 543 | 78.8% |
| Germany | 39.5 | 115 | 1,322 | 464 | 127.3% |
| Austria | 80.5 | 283 | 486 | 312 | 57.1% |
| Croatia | 75.1 | 1,132 | 1,500 | N/A | 346.9% |
| Others | 186 | 415 | 226 | 943 | 71.8% |
| Total | 1,156 | 2,920 | 5,576 | 8,468 | 94.2% |
Top Suppliers of Frozen Sweet Corn to Hungary in 2022:
- Moldova (2435.0 tons)
- Serbia (1556.0 tons)
- Ukraine (882.8 tons)
- Poland (799.1 tons)
- Bulgaria (798.0 tons)
- Slovakia (520.2 tons)
- Germany (320.8 tons)
- Austria (301.6 tons)
This report provides an in-depth analysis of the frozen sweet corn 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 447 - Sweet Corn, Frozen
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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