Hungary - Protein Concentrates and Flavoured or Coloured Sugar Syrups - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary - 2023
Contents:
- Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary (FOB) - 2023
- Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary (CIF) - 2022
- Exports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary
- Imports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary
Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary (FOB) - 2023
The average export price for protein concentrates and flavoured or coloured sugar syrups stood at $14,780 per ton in September 2023, waning by -4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 14% against the previous month. Over the period under review, the average export prices reached the maximum at $19,337 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Italy ($27,059 per ton), while the average price for exports to France ($7,071 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 Italy (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary (CIF) - 2022
In 2022, the average import price for protein concentrates and flavoured or coloured sugar syrups amounted to $3,296 per ton, which is down by -15.3% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for protein concentrates and flavoured or coloured sugar syrups decreased by -22.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 37% against the previous year. The import price peaked at $4,235 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,288 per ton), while the price for Serbia ($1,574 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary
In 2022, approx. 3.3K tons of protein concentrates and flavoured or coloured sugar syrups were exported from Hungary; rising by 4% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of protein concentrates and flavoured or coloured sugar syrups surged to $52M in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
Export of Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.1 | 4.6 | 5.4 | 8.4 | 27.0% |
France | 1.5 | 1.6 | 3.1 | 4.9 | 48.4% |
Spain | 2.0 | 2.5 | 4.0 | 4.2 | 28.1% |
Poland | 0.7 | 0.8 | 5.5 | 2.5 | 52.9% |
United Kingdom | 1.2 | 1.1 | 2.1 | 2.5 | 27.7% |
Czech Republic | 0.8 | 0.9 | 1.1 | 2.4 | 44.2% |
Slovenia | 0.7 | 1.2 | 1.5 | 2.0 | 41.9% |
Slovakia | 1.0 | 0.7 | 1.5 | 2.0 | 26.0% |
Turkey | 0.9 | 0.9 | 0.8 | 1.7 | 23.6% |
Italy | 0.8 | 1.0 | 1.3 | 1.7 | 28.6% |
Austria | 0.8 | 1.0 | 0.8 | 1.4 | 20.5% |
United Arab Emirates | 0.5 | 0.2 | 0.7 | 1.0 | 26.0% |
Serbia | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
Others | 7.6 | 8.6 | 16.0 | 16.3 | 29.0% |
Total | 23.0 | 25.4 | 44.3 | 51.7 | 31.0% |
Top Export Markets for Protein Concentrate and Flavoured or Coloured Sugar Syrup from Hungary in 2022:
- Germany (475.8 tons)
- United Kingdom (324.4 tons)
- France (254.8 tons)
- Spain (221.0 tons)
- Poland (176.2 tons)
- Slovenia (148.6 tons)
- Czech Republic (132.5 tons)
- Slovakia (122.1 tons)
- Turkey (104.0 tons)
- United Arab Emirates (86.4 tons)
- Italy (84.1 tons)
- Austria (79.3 tons)
- Serbia (55.2 tons)
Imports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary
For the fourth consecutive year, Hungary recorded growth in supplies from abroad of protein concentrates and flavoured or coloured sugar syrups, which increased by 25% to 2.3K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 33%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of protein concentrates and flavoured or coloured sugar syrups amounted to $7.7M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Protein Concentrate and Flavoured or Coloured Sugar Syrup in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 915 | 1,818 | 2,155 | 1,667 | 22.1% |
Germany | 674 | 893 | 1,047 | 1,252 | 22.9% |
Serbia | 175 | 289 | 505 | 907 | 73.1% |
United States | 819 | 813 | 520 | 774 | -1.9% |
France | 1,021 | 1,023 | 1,123 | 710 | -11.4% |
Netherlands | 777 | 1,007 | 293 | 591 | -8.7% |
Austria | 264 | 354 | 430 | 400 | 14.9% |
Denmark | 49.1 | 108 | 24.0 | 196 | 58.6% |
Czech Republic | 16.8 | 18.9 | 199 | 161 | 112.4% |
China | 87.7 | 123 | 193 | 32.2 | -28.4% |
United Kingdom | 393 | 666 | 155 | 18.3 | -64.0% |
Others | 378 | 445 | 619 | 1,011 | 38.8% |
Total | 5,570 | 7,559 | 7,262 | 7,719 | 11.5% |
Top Suppliers of Protein Concentrate and Flavoured or Coloured Sugar Syrup to Hungary in 2022:
- Slovakia (743.1 tons)
- Serbia (576.3 tons)
- United States (224.3 tons)
- Germany (199.1 tons)
- Denmark (119.0 tons)
- Netherlands (106.6 tons)
- Austria (88.1 tons)
- Czech Republic (63.1 tons)
- France (60.8 tons)
- China (6.8 tons)
- United Kingdom (0.8 tons)
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup 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 10891935 - Protein concentrates and flavoured or coloured sugar syrups
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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