Hungary - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHazelnut Price in Hungary - 2023
Contents:
- Hazelnut Price in Hungary (CIF) - 2022
- Hazelnut Price in Hungary (FOB) - 2022
- Hazelnut Imports in Hungary
- Hazelnut Exports in Hungary
Hazelnut Price in Hungary (CIF) - 2022
In 2022, the average hazelnut import price amounted to $3,687 per ton, jumping by 28% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 47% against the previous year. The import price peaked at $4,923 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,251 per ton), while the price for Serbia ($829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Hazelnut Price in Hungary (FOB) - 2022
The average hazelnut export price stood at $6,811 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 a decrease of -1.3%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2013 to 2022, the rate of growth in terms of prices for Slovakia amounted to +14.5% per year.
Hazelnut Imports in Hungary
Hazelnut imports into Hungary contracted sharply to 37 tons in 2022, waning by -52% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 222%. As a result, imports reached the peak of 77 tons, and then contracted dramatically in the following year.
In value terms, hazelnut imports fell significantly to $137K in 2022. Overall, imports, however, showed a slight increase. The pace of growth was the most pronounced in 2021 when imports increased by 197% against the previous year. As a result, imports reached the peak of $223K, and then reduced remarkably in the following year.
| Import of Hazelnut in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 6.3 | 53.4 | 196 | 57.9 | 109.5% |
| Germany | 0.4 | N/A | N/A | 49.7 | 399.0% |
| Italy | 5.7 | 4.0 | 4.9 | 15.8 | 40.5% |
| Poland | 17.6 | 5.0 | 4.7 | 5.5 | -32.1% |
| Serbia | N/A | N/A | 11.4 | 5.0 | -56.1% |
| Czech Republic | 70.2 | 4.9 | 4.8 | 3.0 | -65.0% |
| Spain | 29.6 | 7.1 | 1.3 | N/A | -79.0% |
| Others | 0.1 | 0.8 | N/A | N/A | 700.0% |
| Total | 130 | 75.2 | 223 | 137 | 1.8% |
Top Suppliers of Hazelnut to Hungary in 2022:
- Slovakia (17.8 tons)
- Germany (8.0 tons)
- Serbia (6.0 tons)
- Italy (4.1 tons)
- Poland (0.9 tons)
- Czech Republic (0.5 tons)
Hazelnut Exports in Hungary
In 2022, after two years of decline, there was decline in shipments abroad of hazelnuts, when their volume decreased by 0% to 3 tons. In general, exports faced a significant contraction. The smallest decline of 99.9% was in 2020.
In value terms, hazelnut exports stood at $21K in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of 99.9% was in 2020.
| Export of Hazelnut in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 20.6 | 0% |
| Croatia | 2.1 | N/A | N/A | N/A | 0% |
| Germany | 81.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 84.0 | N/A | N/A | 20.6 | -37.4% |
Top Export Markets for Hazelnut from Hungary in 2022:
- United Kingdom (3.0 tons)
This report provides an in-depth analysis of the hazelnut 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 225 - Hazelnuts (Filberts)
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
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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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Global hazelnut consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the global hazelnut market grew to X thousand tons.
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From 2007 to 2015, global exports on the hazelnut market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports amounted to X thousand tons in 2015, a decrease of X thousand tons (or X%) on the previous yea
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The value of total imports on the global hazelnut market in 2015 stood at X million USD, an increase of X million USD (or X%) on the previous year. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, haze
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The global production of hazelnuts was estimated at X thousand tons in 2015, an increase of X thousand tons (or X%) on the figure for 2014, and X thousand tons (or X%) less than the peak production level that was recorded in 2008. In valu
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In 2015, the global hazelnut market grew to X thousand tons, following the significant market contraction in 2014. In value terms, the market volume increased over the period from 2014-2015, reaching X million USD.
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Producers of confectionary products, wishing to reduce their dependency on Turkey's erratic and unstable hazelnut yield figures, are showing interest in the development of new areas and sites intended for hazelnut cultivation.
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