Hungary - Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Orange Juice (Single Strength) in Hungary - 2023
Contents:
- Price for Orange Juice (Single Strength) in Hungary (CIF) - 2023
- Price for Orange Juice (Single Strength) in Hungary (FOB) - 2023
- Imports of Orange Juice (Single Strength) in Hungary
- Exports of Orange Juice (Single Strength) in Hungary
Price for Orange Juice (Single Strength) in Hungary (CIF) - 2023
In July 2023, the average orange juice (single strength) import price amounted to $1,069 per ton, falling by -4.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.1%. The pace of growth was the most pronounced in May 2023 an increase of 23% against the previous month. Over the period under review, average import prices attained the peak figure at $1,121 per ton in June 2023, and then contracted modestly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($1,393 per ton), while the price for Poland ($757 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Orange Juice (Single Strength) in Hungary (FOB) - 2023
The average orange juice (single strength) export price stood at $908 per ton in August 2023, surging by 3% against the previous month. Over the period under review, export price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.8% 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, orange juice (single strength) export price increased by +56.0% against August 2022 indices. The most prominent rate of growth was recorded in January 2023 an increase of 13% against the previous month. The export price peaked in August 2023.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to Austria ($982 per ton) and Croatia ($965 per ton), while the average price for exports to Slovenia ($852 per ton) and Slovakia ($874 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 Austria (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Orange Juice (Single Strength) in Hungary
In 2022, purchases abroad of orange juice (single strength) decreased by -19.4% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 16K tons, and then contracted remarkably in the following year.
In value terms, orange juice (single strength) imports contracted significantly to $9.5M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of $12M, and then shrank remarkably in the following year.
| Import of Orange Juice (Single Strength) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.4 | 3.7 | 4.1 | 4.0 | 5.6% |
| Poland | 3.3 | 3.0 | 4.2 | 2.5 | -8.8% |
| Austria | 1.7 | 1.7 | 2.0 | 1.5 | -4.1% |
| Czech Republic | 0.4 | 0.2 | 0.8 | 1.1 | 40.1% |
| Romania | 0.6 | 0.4 | 0.3 | 0.3 | -20.6% |
| Others | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Total | 9.7 | 9.2 | 11.6 | 9.5 | -0.7% |
Top Suppliers of Orange Juice (Single Strength) to Hungary in 2022:
- Poland (4.5K tons)
- Germany (4.4K tons)
- Austria (2.0K tons)
- Czech Republic (1.1K tons)
- Romania (0.6K tons)
Exports of Orange Juice (Single Strength) in Hungary
After two years of decline, shipments abroad of orange juice (single strength) increased by 62% to 17K tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, orange juice (single strength) exports surged to $10M in 2022. In general, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Orange Juice (Single Strength) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2,732 | 2,028 | 1,461 | 2,713 | -0.2% |
| Slovakia | 1,847 | 1,662 | 1,953 | 2,571 | 11.7% |
| Czech Republic | 2,315 | 1,688 | 1,543 | 2,261 | -0.8% |
| Poland | 31.7 | 3.9 | 5.9 | 815 | 195.1% |
| Croatia | 353 | 222 | 468 | 516 | 13.5% |
| Romania | 723 | 391 | 320 | 489 | -12.2% |
| Lithuania | 175 | 232 | 202 | 256 | 13.5% |
| Slovenia | 291 | 195 | 202 | 189 | -13.4% |
| Others | 858 | 623 | 778 | 603 | -11.1% |
| Total | 9,326 | 7,045 | 6,933 | 10,414 | 3.7% |
Top Export Markets for Orange Juice (Single Strength) from Hungary in 2022:
- Austria (4.6K tons)
- Slovakia (4.1K tons)
- Czech Republic (3.8K tons)
- Poland (1.1K tons)
- Croatia (0.8K tons)
- Romania (0.7K tons)
- Lithuania (0.4K tons)
- Slovenia (0.3K tons)
This report provides an in-depth analysis of the market for orange juice (single strength) 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 491 - Juice of Orange
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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