Hungary - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hungary - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights

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Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary - 2023

Contents:

  1. Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary (FOB) - 2022
  2. Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary (CIF) - 2022
  3. Exports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary
  4. Imports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary

Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary (FOB) - 2022

The average export price for tree, flower and other seeds, fruits and spores for sowing stood at $7,115 per ton in 2022, dropping by -7.7% against the previous year. Overall, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44%. Over the period under review, the average export prices attained the peak figure at $8,801 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($22,816 per ton), while the average price for exports to the Netherlands ($3,327 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 Belgium (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary (CIF) - 2022

The average import price for tree, flower and other seeds, fruits and spores for sowing stood at $9,992 per ton in 2022, growing by 5.9% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 tree, flower and other seeds, fruits and spores for sowing increased by +74.2% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 70%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Poland ($24,718 per ton), while the price for Austria ($1,569 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary

In 2022, exports of tree, flower and other seeds, fruits and spores for sowing from Hungary soared to 449 tons, rising by 83% against the previous year. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing soared to $3.2M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands23917230892256.8%
Denmark7.63.14.0912393.2%
Germany4716387065263.8%
Romania12713415.4126-0.3%
Czech Republic56.821.485.061.52.7%
Austria41.625.954.747.54.5%
Others664639714601-3.3%
Total1,6071,6331,8883,19625.8%

Top Export Markets for Tree, Flower and Other Seeds, Fruits and Spores for Sowing from Hungary in 2022:

  1. Netherlands (277.0 tons)
  2. Germany (69.6 tons)
  3. Denmark (40.0 tons)
  4. Czech Republic (16.3 tons)
  5. Romania (11.8 tons)
  6. Austria (10.7 tons)

Imports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary

In 2022, imports of tree, flower and other seeds, fruits and spores for sowing into Hungary skyrocketed to 57 tons, increasing by 27% against the previous year. Over the period under review, imports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, imports attained the peak of 78 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing surged to $568K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14426022223417.6%
Netherlands13.341.537.1137117.6%
Italy2.61.15.047.1162.6%
PolandN/A1.82.724.2266.7%
Romania0.20.118.215.0321.7%
Slovakia48.943.318.814.1-33.9%
South KoreaN/AN/AN/A8.60%
Austria26.91.20.70.9-67.8%
Belgium4.916.416.9N/A85.7%
Others11480.610287.0-8.6%
Total35444642356817.1%

Top Suppliers of Tree, Flower and Other Seeds, Fruits and Spores for Sowing to Hungary in 2022:

  1. Germany (18.7 tons)
  2. Netherlands (17.0 tons)
  3. Italy (5.4 tons)
  4. Slovakia (4.8 tons)
  5. Romania (3.7 tons)
  6. South Korea (2.9 tons)
  7. Poland (1.0 tons)
  8. Austria (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing 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:

    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. TOP EXPORTING COUNTRIES
      4. 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 VOLUME AND VALUE
    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. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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    Free Data: Tree, flower and other seeds, fruits and spores for sowing - Hungary