Hungary - Sweet Corn Prepared Or Preserved - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hungary - Sweet Corn Prepared Or Preserved - Market Analysis, Forecast, Size, Trends and Insights

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Preserved Sweet Corn Price in Hungary - 2023

Contents:

  1. Preserved Sweet Corn Price in Hungary (FOB) - 2023
  2. Preserved Sweet Corn Price in Hungary (CIF) - 2023
  3. Preserved Sweet Corn Exports in Hungary
  4. Preserved Sweet Corn Imports in Hungary

Preserved Sweet Corn Price in Hungary (FOB) - 2023

The average preserved sweet corn export price stood at $2,165 per ton in September 2023, approximately reflecting the previous month. In general, export price indicated a resilient expansion from September 2022 to September 2023: its price increased at an average monthly rate of +5.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, preserved sweet corn export price decreased by -3.8% against July 2023 indices. The pace of growth was the most pronounced in October 2022 when the average export price increased by 32% month-to-month. Over the period under review, the average export prices reached the maximum at $2,251 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($2,643 per ton), while the average price for exports to France ($1,711 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Price in Hungary (CIF) - 2023

In September 2023, the average preserved sweet corn import price amounted to $1,685 per ton, rising by 4.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in May 2023 when the average import price increased by 33% against the previous month. The import price peaked at $1,886 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($3,174 per ton), while the price for China ($995 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Sweet Corn Exports in Hungary

In 2022, shipments abroad of sweet corn prepared or preserved decreased by -0.2% to 186K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 6.8%. As a result, the exports reached the peak of 193K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved sweet corn exports expanded slightly to $259M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 11%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Preserved Sweet Corn in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany58.960.173.678.410.0%
Poland18.221.019.522.26.8%
France20.221.219.822.13.0%
United Kingdom12.715.815.316.18.2%
Italy16.412.615.014.2-4.7%
Austria8.310.511.612.314.0%
Sweden7.310.39.610.412.5%
Belgium6.37.27.710.418.2%
Netherlands2.43.56.57.848.1%
Romania5.96.05.86.00.6%
Czech Republic4.55.65.95.78.2%
Greece3.53.74.95.516.3%
Slovakia3.54.44.84.37.1%
Others37.746.551.343.95.2%
Total2062282512597.9%

Top Export Markets for Preserved Sweet Corn from Hungary in 2022:

  1. Germany (54.7K tons)
  2. France (20.1K tons)
  3. Poland (19.0K tons)
  4. Italy (10.6K tons)
  5. United Kingdom (9.6K tons)
  6. Austria (9.0K tons)
  7. Belgium (7.9K tons)
  8. Sweden (6.4K tons)
  9. Netherlands (5.3K tons)
  10. Romania (5.0K tons)
  11. Czech Republic (4.5K tons)
  12. Slovakia (3.4K tons)
  13. Greece (2.9K tons)

Preserved Sweet Corn Imports in Hungary

Preserved sweet corn imports into Hungary reduced dramatically to 4.7K tons in 2022, declining by -15.1% against the year before. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 236% against the previous year. As a result, imports reached the peak of 5.6K tons, and then declined remarkably in the following year.

In value terms, preserved sweet corn imports shrank to $5.6M in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 207% against the previous year. As a result, imports attained the peak of $5.8M, and then fell in the following year.

Import of Preserved Sweet Corn in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9117863,6462,45839.2%
UkraineN/AN/A364894145.6%
Germany1,327792732697-19.3%
MoldovaN/AN/A318664108.8%
Poland59.910621439186.9%
SerbiaN/AN/AN/A3340%
Others213221577197-2.6%
Total2,5101,9055,8505,63530.9%

Top Suppliers of Preserved Sweet Corn to Hungary in 2022:

  1. France (2418.6 tons)
  2. Ukraine (638.1 tons)
  3. Moldova (590.8 tons)
  4. Germany (364.1 tons)
  5. Serbia (309.2 tons)
  6. Poland (290.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved sweet corn 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 448 - Sweet Corn, Prepared or Preserved

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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