Hungary: Beer Market Overview 2021

Beer Market Size in Hungary

In 2020, the Hungarian beer market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. Overall, consumption, however, showed a mild curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Beer Production in Hungary

In value terms, beer production contracted to $X in 2020 estimated in export prices. In general, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. Beer production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Beer Exports

Exports from Hungary

In 2020, beer exports from Hungary rose notably to X tonnes, surging by X% against 2019 figures. Over the period under review, total exports indicated mild growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, beer exports contracted to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tonnes), Slovakia (X tonnes) and Croatia (X tonnes) were the main destinations of beer exports from Hungary, together accounting for X% of total exports. Poland, Romania, China and Serbia lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Croatia ($X) and Slovakia ($X) were the largest markets for beer exported from Hungary worldwide, together comprising X% of total exports. China, Romania, Poland and Serbia lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average beer export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was China ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Hungary

For the fourth year in a row, Hungary recorded growth in purchases abroad of beer made from malt (excluding non-alcoholic beer), which increased by X% to X tonnes in 2020. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

In value terms, beer imports reached $X in 2020. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Poland (X tonnes) constituted the largest beer supplier to Hungary, accounting for a X% share of total imports. Moreover, beer imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tonnes), twofold. Slovakia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and Slovakia (+X% per year).

In value terms, Poland ($X), the Czech Republic ($X) and Germany ($X) appeared to be the largest beer suppliers to Hungary, with a combined X% share of total imports. Slovakia, Serbia, Romania and Austria lagged somewhat behind, together accounting for a further X terms of the main suppliers, Slovakia (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average beer import price stood at $X per tonne in 2020, approximately equating the previous year. In general, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beer made from malt (excluding non-alcoholic beer) in the world?

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The country with the largest volume of beer consumption was China (77M tonnes), accounting for 33% of total volume. Moreover, beer consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (28M tonnes), threefold. The third position in this ranking was occupied by Brazil (17M tonnes), with a 7.1% share.

What are the largest producers of beer made from malt (excluding non-alcoholic beer) in the world?

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The country with the largest volume of beer production was China (76M tonnes), comprising approx. 33% of total volume. Moreover, beer production in China exceeded the figures recorded by the second-largest producer, the U.S. (24M tonnes), threefold. The third position in this ranking was occupied by Brazil (17M tonnes), with a 7.2% share.

What are the leading suppliers of beer made from malt (excluding non-alcoholic beer) to Hungary?

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In value terms, Poland ($22M), the Czech Republic ($13M) and Germany ($7.2M) were the largest beer suppliers to Hungary, with a combined 54% share of total imports. These countries were followed by Slovakia, Serbia, Romania and Austria, which together accounted for a further 26%.

What are the leading importers of beer made from malt (excluding non-alcoholic beer) from Hungary?

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In value terms, the largest markets for beer exported from Hungary were the Czech Republic ($5.4M), Croatia ($4.2M) and Slovakia ($3.1M), together comprising 65% of total exports. China, Romania, Poland and Serbia lagged somewhat behind, together comprising a further 30%.

What is the average export price for beer made from malt (excluding non-alcoholic beer) in Hungary?

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In 2020, the average beer export price amounted to $403 per tonne, declining by -7% against the previous year.

What is the average import price for beer made from malt (excluding non-alcoholic beer) in Hungary?

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In 2020, the average beer import price amounted to $422 per tonne, approximately mirroring the previous year.