Price for Vegetables; Seed Potatoes, Fresh or Chilled in Hungary - 2023
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Hungary (CIF) - 2023
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Hungary (FOB) - 2023
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Hungary
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Hungary
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Hungary (CIF) - 2023
In May 2023, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $686 per ton, surging by 28% against the previous month. Over the last six months, it increased at an average monthly rate of +3.3%. The import price peaked at $693 per ton in February 2023; however, from March 2023 to May 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 the Netherlands.
From November 2022 to May 2023, the rate of growth in terms of prices for Spain amounted to +4.3% per month.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Hungary (FOB) - 2023
In April 2023, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $1,475 per ton, jumping by 49% against the previous month. Overall, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices reached the peak figure at $2,139 per ton in January 2023; however, from February 2023 to April 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was Slovakia ($2,726 per ton), while the average price for exports to Croatia ($1,095 per ton) was amongst the lowest.
From January 2023 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Hungary
In 2022, overseas purchases of vegetables; seed potatoes, fresh or chilleds were finally on the rise to reach 8.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds expanded sharply to $5.1M in 2022. Over the period under review, imports, however, showed a deep slump.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3,891 | 3,068 | 3,025 | 3,475 | -3.7% |
| Germany | 994 | 727 | 1,245 | 1,227 | 7.3% |
| Austria | 286 | 521 | 67.7 | 120 | -25.1% |
| Belgium | 11.3 | 48.0 | 41.1 | 108 | 112.2% |
| Czech Republic | 9.4 | 11.3 | 38.8 | 87.8 | 110.6% |
| France | 227 | 146 | 14.9 | 39.5 | -44.2% |
| Slovakia | 343 | 186 | 56.2 | N/A | -59.5% |
| Others | 221 | 205 | 154 | 68.5 | -32.3% |
| Total | 5,982 | 4,911 | 4,642 | 5,126 | -5.0% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Hungary in 2022:
- Netherlands (6.0K tons)
- Germany (1.7K tons)
- Belgium (0.3K tons)
- Czech Republic (0.2K tons)
- Austria (0.2K tons)
- France (0.1K tons)
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Hungary
In 2022, the amount of vegetables; seed potatoes, fresh or chilleds exported from Hungary soared to 747 tons, growing by 149% on the year before. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetables; seed potatoes, fresh or chilleds skyrocketed to $520K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 86.1 | 107 | 181 | 140 | 17.6% |
| Kosovo | N/A | 48.2 | 41.8 | 108 | 49.7% |
| Serbia | 80.7 | 135 | 87.7 | 101 | 7.8% |
| Slovakia | 120 | 73.2 | 97.2 | 92.5 | -8.3% |
| Croatia | 3.3 | 40.0 | 41.0 | 42.8 | 135.0% |
| North Macedonia | N/A | 11.5 | N/A | 30.1 | 61.8% |
| Albania | N/A | N/A | N/A | 5.2 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 290 | 415 | 449 | 520 | 21.5% |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Hungary in 2022:
- Kosovo (276.0 tons)
- North Macedonia (264.0 tons)
- Romania (62.1 tons)
- Serbia (56.9 tons)
- Slovakia (43.8 tons)
- Albania (23.8 tons)
- Croatia (20.8 tons)
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