Hungary - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLemon and Lime Price in Hungary - 2023
Contents:
- Lemon and Lime Price in Hungary (CIF) - 2023
- Lemon and Lime Price in Hungary (FOB) - 2023
- Lemon and Lime Imports in Hungary
- Lemon and Lime Exports in Hungary
Lemon and Lime Price in Hungary (CIF) - 2023
The average lemon and lime import price stood at $1,684 per ton in August 2023, growing by 9.1% against the previous month. Overall, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, lemon and lime import price increased by +61.9% against March 2023 indices. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 20% month-to-month. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($2,460 per ton), while the price for Turkey ($740 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Egypt (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Lemon and Lime Price in Hungary (FOB) - 2023
In July 2023, the average lemon and lime export price amounted to $1,808 per ton, waning by -2.8% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 139% against the previous month. As a result, the export price attained the peak level of $1,993 per ton. From June 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Romania ($2,467 per ton), while the average price for exports to Bulgaria ($1,533 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Lemon and Lime Imports in Hungary
In 2022, approx. 22K tons of lemons and limes were imported into Hungary; picking up by 3.9% compared with 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 24K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, lemon and lime imports rose modestly to $24M in 2022. The total import value increased at an average annual rate of +2.3% 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 with an increase of 31%. As a result, imports reached the peak of $30M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Lemon and Lime in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.8 | 8.1 | 8.9 | 8.0 | 11.3% |
| Germany | 5.2 | 6.3 | 4.3 | 4.7 | -3.3% |
| Turkey | 2.9 | 5.4 | 3.7 | 3.8 | 9.4% |
| Austria | 1.9 | 1.8 | 1.7 | 2.1 | 3.4% |
| Netherlands | 2.0 | 4.4 | 2.6 | 1.9 | -1.7% |
| Czech Republic | 0.2 | 0.6 | 1.0 | 1.2 | 81.7% |
| Slovakia | 0.8 | 0.8 | 0.7 | 1.0 | 7.7% |
| Bulgaria | N/A | 0.5 | 0.5 | 0.6 | 9.5% |
| United Kingdom | 2.0 | 1.8 | 0.2 | 0.2 | -53.6% |
| North Macedonia | 1.7 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.4 | 0.9 | 31.0% |
| Total | 22.9 | 30.1 | 24.0 | 24.5 | 2.3% |
Top Suppliers of Lemon and Lime to Hungary in 2022:
- Spain (6.0K tons)
- Turkey (4.7K tons)
- Germany (4.4K tons)
- Czech Republic (1.2K tons)
- Austria (1.2K tons)
- Netherlands (1.1K tons)
- Slovakia (1.0K tons)
- Bulgaria (0.8K tons)
- United Kingdom (0.2K tons)
Lemon and Lime Exports in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas shipments of lemons and limes, which increased by 29% to 5K tons in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, lemon and lime exports soared to $5.3M in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 88% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Lemon and Lime in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,207 | 1,716 | 506 | 1,531 | 8.2% |
| Germany | 20.1 | 877 | 1,530 | 1,325 | 304.0% |
| Croatia | 577 | 950 | 739 | 963 | 18.6% |
| Czech Republic | N/A | 154 | 367 | 780 | 125.1% |
| Spain | N/A | 210 | 186 | 309 | 21.3% |
| Bulgaria | 383 | 157 | 80.7 | 183 | -21.8% |
| Slovakia | 4.5 | 69.8 | 3.9 | 93.3 | 174.7% |
| Ukraine | 86.4 | 119 | 91.5 | 40.2 | -22.5% |
| Others | 0.4 | 38.0 | 9.1 | 90.4 | 509.1% |
| Total | 2,278 | 4,291 | 3,512 | 5,315 | 32.6% |
Top Export Markets for Lemon and Lime from Hungary in 2022:
- Germany (2019.6 tons)
- Czech Republic (938.5 tons)
- Romania (928.0 tons)
- Croatia (661.5 tons)
- Spain (185.3 tons)
- Bulgaria (93.2 tons)
- Slovakia (81.4 tons)
- Ukraine (36.2 tons)
This report provides an in-depth analysis of the lemon and lime 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 497 - Lemons and limes
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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