Hungary - Grape Must - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Must Price in Hungary - 2023
Contents:
- Grape Must Price in Hungary (FOB) - 2022
- Grape Must Price in Hungary (CIF) - 2022
- Grape Must Exports in Hungary
- Grape Must Imports in Hungary
Grape Must Price in Hungary (FOB) - 2022
The average grape must export price stood at $0.6 per litre in 2022, with an increase of 5.7% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 39%. Over the period under review, the average export prices reached the peak figure at $0.8 per litre in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1.4 per litre), while the average price for exports to Slovakia ($0.5 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.5%), while the prices for the other major destinations experienced a decline.
Grape Must Price in Hungary (CIF) - 2022
The average grape must import price stood at $1.9 per litre in 2022, surging by 1.6% against the previous year. Over the period under review, the import price, however, saw a mild setback. The growth pace was the most rapid in 2017 when the average import price increased by 121% against the previous year. Over the period under review, average import prices hit record highs at $3.2 per litre in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($2.1 per litre), while the price for the Czech Republic amounted to $0.6 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Grape Must Exports in Hungary
In 2022, the amount of grape must exported from Hungary declined notably to 4.9M litres, waning by -25.4% against the year before. Over the period under review, exports faced a abrupt shrinkage. The smallest decline of -5.3% was in 2020. The exports peaked at 7.4M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, grape must exports contracted notably to $2.8M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, the exports reached the peak of $3.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Grape Must in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 1,234 | 2,602 | 2,018 | 1,182 | -1.4% |
| Czech Republic | 195 | 487 | 886 | 593 | 44.9% |
| Croatia | N/A | 191 | 484 | 448 | 53.2% |
| France | N/A | N/A | N/A | 262 | 0% |
| Italy | 957 | 12.8 | 52.0 | 166 | -44.2% |
| Germany | 399 | 375 | 101 | 142 | -29.1% |
| Others | N/A | 1.7 | 3.0 | 3.2 | 37.2% |
| Total | 2,785 | 3,669 | 3,545 | 2,796 | 0.1% |
Top Export Markets for Grape Must from Hungary in 2022:
- Slovakia (2588.3K litres)
- Czech Republic (860.9K litres)
- Croatia (743.1K litres)
- France (284.1K litres)
- Italy (281.8K litres)
- Germany (99.9K litres)
Grape Must Imports in Hungary
In 2022, overseas purchases of grape must decreased by -70.5% to 47K litres, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports attained the peak of 172K litres. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, grape must imports contracted remarkably to $89K in 2022. In general, imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 101% against the previous year. As a result, imports reached the peak of $374K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Grape Must in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 141 | 94.2 | 54.1 | 84.6 | -15.7% |
| Czech Republic | N/A | N/A | N/A | 4.6 | 0% |
| Spain | 45.3 | 69.8 | 207 | N/A | 113.8% |
| France | N/A | 210 | 34.9 | N/A | -83.4% |
| Others | N/A | N/A | 0.8 | N/A | 0% |
| Total | 186 | 374 | 297 | 89.2 | -21.7% |
Top Suppliers of Grape Must to Hungary in 2022:
- Italy (39.5K litres)
- Czech Republic (7.2K litres)
This report provides an in-depth analysis of the grape must 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 11021250 - Grape must (excluding alcohol duty)
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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