
Hungary - Beer Made From Malt (Excluding Non-Alcoholic Beer) - Market Analysis, Forecast, Size, Trends And Insights
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Hungary: Beer Market Overview 2020
Beer Market Size in Hungary
The revenue of the beer market in Hungary amounted to $X in 2018, reducing by -X% against the previous year. Overall, beer consumption continues to indicate a deep slump. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the beer market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.
Beer Production in Hungary
In value terms, beer production totaled $X in 2018 estimated in export prices. Over the period under review, beer production continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Over the period under review, beer production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.
Beer Exports
Exports from Hungary
In 2018, the beer exports from Hungary totaled X tonnes, reducing by -X% against the previous year. Over the period under review, the total exports indicated a moderate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beer exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.
In value terms, beer exports amounted to $X in 2018. Over the period under review, beer exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. In that year, beer exports reached their peak of $X. From 2014 to 2018, the growth of beer exports remained at a somewhat lower figure.
Exports by Country
Slovakia (X tonnes), Croatia (X tonnes) and Romania (X tonnes) were the main destinations of beer exports from Hungary, together accounting for X% of total exports. Serbia, the Czech Republic, Poland and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Serbia, while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for beer exported from Hungary were Slovakia ($X), Croatia ($X) and Romania ($X), with a combined X% share of total exports. Serbia, Bosnia and Herzegovina, Poland and the Czech Republic lagged somewhat behind, together comprising a further X terms of the main countries of destination, Serbia recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
The average beer export price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the beer export price, however, continues to indicate a measured slump. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. In that year, the average export prices for beer made from malt (excluding non-alcoholic beer) attained their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the average export prices for beer made from malt (excluding non-alcoholic beer) failed to regain its momentum.
There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Bosnia and Herzegovina ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced mixed trend patterns.
Beer Imports
Imports into Hungary
In 2018, approx. X tonnes of beer made from malt (excluding non-alcoholic beer) were imported into Hungary; jumping by X% against the previous year. Overall, the total imports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beer imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.
In value terms, beer imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the near future.
Imports by Country
Poland (X tonnes), the Czech Republic (X tonnes) and Romania (X tonnes) were the main suppliers of beer imports to Hungary, together comprising X% of total imports. These countries were followed by Serbia, Germany, Slovenia and Italy, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Serbia, while the other leaders experienced more modest paces of growth.
In value terms, the largest beer suppliers to Hungary were Poland ($X), the Czech Republic ($X) and Germany ($X), with a combined X% share of total imports. Serbia, Romania, Italy and Slovenia lagged somewhat behind, together accounting for a further X terms of the main suppliers, Italy recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the average beer import price amounted to $X per tonne, increasing by X% against the previous year. In general, the beer import price, however, continues to indicate a drastic setback. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the beer market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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