Hungary - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Asparagus Price in Hungary - 2023
Contents:
- Preserved Asparagus Price in Hungary (CIF) - 2022
- Preserved Asparagus Price in Hungary (FOB) - 2022
- Preserved Asparagus Imports in Hungary
- Preserved Asparagus Exports in Hungary
Preserved Asparagus Price in Hungary (CIF) - 2022
The average preserved asparagus import price stood at $6,392 per ton in 2022, picking up by 21% against the previous year. Over the period under review, the import price saw strong growth. The growth pace was the most rapid in 2016 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Germany ($36,750 per ton), while the price for the Czech Republic ($2,877 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Asparagus Price in Hungary (FOB) - 2022
In 2022, the average preserved asparagus export price amounted to $4,982 per ton, growing by 92% against the previous year. In general, the export price continues to indicate resilient growth. Over the period under review, the average export prices reached the maximum at $5,690 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($5,071 per ton), while the average price for exports to Austria ($2,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Asparagus Imports in Hungary
In 2022, approx. 10 tons of preserved asparagus were imported into Hungary; falling by -55.8% on the previous year. Overall, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.
In value terms, preserved asparagus imports reduced dramatically to $67K in 2022. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 41%.
| Import of Preserved Asparagus in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 65.2 | 29.0 | 90.1 | 38.8 | -15.9% |
| Germany | 43.9 | 52.9 | 30.5 | 22.2 | -20.3% |
| France | N/A | N/A | N/A | 4.9 | 0% |
| Czech Republic | 26.3 | 1.3 | 2.2 | 0.9 | -67.5% |
| Spain | 4.1 | 5.3 | 2.1 | N/A | -28.4% |
| China | 14.5 | N/A | N/A | N/A | 0% |
| Italy | 12.8 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.4 | N/A | 15.5% |
| Total | 167 | 88.7 | 125 | 66.8 | -26.3% |
Top Suppliers of Preserved Asparagus to Hungary in 2022:
- Austria (9.1 tons)
- Germany (0.6 tons)
- France (0.5 tons)
- Czech Republic (0.3 tons)
Preserved Asparagus Exports in Hungary
In 2022, the amount of preserved asparagus exported from Hungary shrank markedly to 338 kg, which is down by -91.2% compared with the previous year's figure. Overall, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year.
In value terms, preserved asparagus exports dropped notably to $1.7K in 2022. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 80%.
| Export of Preserved Asparagus in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 0.2 | 1.6 | 700.0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| France | 12.8 | N/A | N/A | N/A | 0% |
| Indonesia | 11.5 | N/A | N/A | N/A | 0% |
| Poland | 4.2 | 5.5 | 9.8 | N/A | 52.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.6 | 5.5 | 9.9 | 1.7 | -61.0% |
Top Export Markets for Preserved Asparagus from Hungary in 2022:
- Romania (322.0 kg)
- Austria (12.0 kg)
This report provides an in-depth analysis of the preserved asparagus 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 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)
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
- 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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