Hungary: Cabbage Market Overview 2020

Cabbage Market Size in Hungary

The revenue of the cabbage market in Hungary amounted to $X in 2018, falling by -X% against the previous year. Overall, cabbage consumption continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. In that year, the cabbage market attained its peak level of $X. From 2012 to 2018, the growth of the cabbage market failed to regain its momentum.

Cabbage Production in Hungary

In value terms, cabbage production amounted to $X in 2018 estimated in export prices. Overall, cabbage production continues to indicate a drastic contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. In that year, cabbage production attained its peak level of $X. From 2012 to 2018, cabbage production growth remained at a lower figure.

In 2018, the average cabbage yield in Hungary totaled X tonne per ha, shrinking by -X% against the previous year. Overall, the cabbage yield continues to indicate a slight drop. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the average cabbage yield reached its peak figure level at X tonne per ha in 2012; however, from 2013 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of cabbage and other brassicas in Hungary totaled X ha, reducing by -X% against the previous year. Overall, the cabbage harvested area continues to indicate a significant deduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cabbage production attained its maximum at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Cabbage Exports

Exports from Hungary

In 2018, the exports of cabbage and other brassicas from Hungary totaled X tonnes, declining by -X% against the previous year. In general, cabbage exports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. In that year, cabbage exports attained their peak of X tonnes. From 2015 to 2018, the growth of cabbage exports remained at a somewhat lower figure.

In value terms, cabbage exports totaled $X in 2018. Over the period under review, cabbage exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, cabbage exports attained their peak of $X. From 2011 to 2018, the growth of cabbage exports remained at a somewhat lower figure.

Exports by Country

Romania (X tonnes), Slovakia (X tonnes) and Finland (X tonnes) were the main destinations of cabbage exports from Hungary, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Finland ($X) and Slovakia ($X) appeared to be the largest markets for cabbage exported from Hungary worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Romania experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average cabbage export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the cabbage export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for cabbage and other brassicas reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per tonne), while the average price for exports to Slovakia ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Cabbage Imports

Imports into Hungary

In 2018, the imports of cabbage and other brassicas into Hungary stood at X tonnes, reducing by -X% against the previous year. Over the period under review, cabbage imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, cabbage imports stood at $X in 2018. Over the period under review, the total imports indicated modest growth from 2007 to 2018: its value decreased 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. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Italy (X tonnes) were the main suppliers of cabbage imports to Hungary, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) were the largest cabbage suppliers to Hungary, together comprising X% of total imports.

Italy experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average cabbage import price amounted to $X per tonne, going down by -X% against the previous year. Over the period under review, the import price indicated a temperate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 an increase of X% against the previous year. In that year, the average import prices for cabbage and other brassicas reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for cabbage and other brassicas remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Austria ($X per tonne), while the price for Macedonia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform