Hungary - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlantain Price in Hungary - 2023
Contents:
- Plantain Price in Hungary (CIF) - 2023
- Plantain Price in Hungary (FOB) - 2023
- Plantain Imports in Hungary
- Plantain Exports in Hungary
Plantain Price in Hungary (CIF) - 2023
The average plantain import price stood at $1,365 per ton in August 2023, flattening at the previous month. In general, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 47% m-o-m. The import price peaked at $1,394 per ton in June 2023; afterwards, it flattened through to August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Slovakia ($1,374 per ton) and Romania ($1,362 per ton), while the price for Germany ($1,362 per ton) and Poland ($1,362 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plantain Price in Hungary (FOB) - 2023
The average plantain export price stood at $1,607 per ton in August 2023, remaining constant against the previous month. Over the period under review, export price indicated perceptible growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, plantain export price decreased by -2.9% against June 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,654 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to Slovenia ($1,607 per ton) and Poland ($1,607 per ton), while the average price for exports to Romania ($1,606 per ton) and Slovakia ($1,607 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plantain Imports in Hungary
In 2022, imports of plantains into Hungary soared to 34K tons, increasing by 25% against the previous year's figure. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plantain imports surged to $27M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plantain in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 13.7 | 9.7 | 9.4 | 9.3 | -12.1% |
| Poland | N/A | N/A | N/A | 6.4 | 0% |
| Romania | N/A | N/A | N/A | 5.6 | 0% |
| Germany | N/A | N/A | 0.3 | 3.2 | 966.7% |
| Slovenia | N/A | 0.1 | N/A | 1.5 | 287.3% |
| Netherlands | N/A | N/A | 0.7 | 0.5 | -28.6% |
| Italy | 1.5 | 0.7 | 1.4 | 0.2 | -48.9% |
| Belgium | 6.7 | 4.8 | 4.2 | 0.1 | -75.4% |
| Czech Republic | 2.4 | 4.0 | 3.9 | N/A | 27.5% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 24.3 | 19.3 | 20.0 | 26.8 | 3.3% |
Top Suppliers of Plantain to Hungary in 2022:
- Slovakia (17.0K tons)
- Romania (8.1K tons)
- Germany (4.1K tons)
- Poland (1.8K tons)
- Slovenia (1.8K tons)
- Netherlands (0.6K tons)
- Italy (0.2K tons)
- Belgium (0.1K tons)
Plantain Exports in Hungary
In 2022, the amount of plantains exported from Hungary reduced dramatically to 6.5K tons, which is down by -47.5% on 2021. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.1% against the previous year. As a result, the exports attained the peak of 12K tons, and then fell notably in the following year.
In value terms, plantain exports fell sharply to $5.7M in 2022. In general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 9.7% against the previous year. As a result, the exports attained the peak of $9.5M, and then reduced remarkably in the following year.
| Export of Plantain in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | N/A | N/A | N/A | 2.4 | 0% |
| Romania | 6.3 | 1.5 | 3.2 | 2.3 | -28.5% |
| Poland | N/A | N/A | N/A | 0.6 | 0% |
| Slovakia | N/A | N/A | N/A | 0.3 | 0% |
| Czech Republic | 2.8 | 7.1 | 6.3 | 0.1 | -67.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.1 | 8.6 | 9.5 | 5.7 | -14.4% |
Top Export Markets for Plantain from Hungary in 2022:
- Croatia (2.8K tons)
- Romania (2.5K tons)
- Poland (0.7K tons)
- Slovakia (0.3K tons)
- Czech Republic (0.1K tons)
This report provides an in-depth analysis of the plantain 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 489 - Plantains
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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