Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary - 2023

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary (CIF) - 2023
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary (FOB) - 2022
  3. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary
  4. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary (CIF) - 2023

The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $284 per ton in October 2023, waning by -90.2% against the previous month. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 187% m-o-m. Over the period under review, average import prices attained the peak figure at $3,237 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From October 2022 to October 2023, the rate of growth in terms of prices for Slovakia amounted to +27.4% per month.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary (FOB) - 2022

The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $539 per ton in 2022, shrinking by -3.1% against the previous year. Over the period under review, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 76%. As a result, the export price attained the peak level of $1,793 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,913 per ton), while the average price for exports to Slovakia ($207 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 Poland (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary

For the fourth consecutive year, Hungary recorded growth in supplies from abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds, which increased by 392% to 4.2K tons in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds surged to $2.3M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia32.625.73111,381248.6%
Poland2079.3N/A2313.7%
Italy36.050.371.259.218.0%
RomaniaN/AN/AN/A46.70%
Czech Republic37.721794.739.81.8%
Others41124429957511.8%
Total7245467762,33247.7%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Hungary in 2022:

  1. Slovakia (3653.4 tons)
  2. Poland (126.0 tons)
  3. Italy (104.1 tons)
  4. Romania (94.3 tons)
  5. Czech Republic (48.3 tons)

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary

Exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from Hungary skyrocketed to 10K tons in 2022, increasing by 621% on 2021 figures. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds skyrocketed to $5.7M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria60.11296014,952335.1%
Germany2751601543275.9%
Italy28.1N/A34.315576.7%
Switzerland10599.0N/A56.3-18.8%
Slovakia23.522.817.525.52.8%
Others40.614.72.813448.9%
Total5324258095,650119.8%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Hungary in 2022:

  1. Austria (9.5K tons)
  2. Italy (0.4K tons)
  3. Germany (0.2K tons)
  4. Switzerland (0.1K tons)
  5. Slovakia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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