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Hungary - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Hungary: Cereal Flour Market Overview 2020

Cereal Flour Market Size in Hungary

For the second consecutive year, Hungary recorded decline in market revenue of cereal flours, which decreased by -X% to $X in 2018. Over the period under review, cereal flour consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, the cereal flour market attained its peak level of $X. From 2012 to 2018, the growth of the cereal flour market remained at a lower figure.

Cereal Flour Production in Hungary

In value terms, cereal flour production totaled $X in 2018 estimated in export prices. In general, cereal flour production, however, saw a slight decrease. The most prominent rate of growth was recorded in 2011 when production volume increased by X% y-o-y. In that year, cereal flour production attained its peak level of $X. From 2012 to 2018, cereal flour production growth failed to regain its momentum.

Cereal Flour Exports

Exports from Hungary

In 2018, the exports of cereal flours from Hungary went down to X tonnes, waning by -X% against 2017 figures. In general, the total exports indicated a remarkable expansion from 2007 to 2018: its volume 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, cereal flour exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Hungary exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, cereal flour exports dropped modestly to $X in 2018. Over the period under review, the total exports indicated strong growth from 2007 to 2018: its value 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, cereal flour exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, cereal flour exports attained their peak of $X. From 2012 to 2018, the growth of cereal flour exports failed to regain its momentum.

Exports by Country

Turkey (X tonnes) and Kazakhstan (X tonnes) represented roughly X% of total exports of cereal flours in 2018. It was distantly followed by Germany (X tonnes), making up a X% share of total exports. The following exporters - Argentina (X tonnes), Pakistan (X tonnes), Belgium (X tonnes), Egypt (X tonnes), the U.S. (X tonnes), France (X tonnes), Uzbekistan (X tonnes), Mexico (X tonnes) and Canada (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the biggest increases were in Uzbekistan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest cereal flour supplier from Hungary, comprising X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Turkey amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the cereal flour export price in Hungary amounted to $X per tonne, rising by X% against the previous year. Overall, the cereal flour export price, however, saw a moderate shrinkage. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Hungary export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Cereal Flour Imports

Imports into Hungary

After three years of growth, the imports of cereal flours decreased by -X% into Hungary to X tonnes in 2018. Over the period under review, cereal flour imports, however, saw strong growth. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Hungary imports peaked at X tonnes in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, cereal flour imports went down slightly to $X in 2018. Overall, cereal flour imports, however, enjoyed remarkable growth. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, cereal flour imports hit record highs at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.

Imports by Country

Afghanistan (X tonnes) and Iraq (X tonnes) were the key importers of cereal flours in 2018, recording approx. X% and X% of total imports, respectively. Uzbekistan (X tonnes), the Netherlands (X tonnes), Angola (X tonnes), the U.S. (X tonnes), Syrian Arab Republic (X tonnes), France (X tonnes), Brazil (X tonnes), Guinea (X tonnes), Bolivia (X tonnes) and Somalia (X tonnes) held a little share of total imports.

From 2007 to 2018, the biggest increases were in Guinea, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal flour importing markets into Hungary were Iraq ($X), Afghanistan ($X) and the U.S. ($X), with a combined X% share of total imports. The Netherlands, France, Angola, Guinea, Brazil, Syrian Arab Republic, Uzbekistan, Bolivia and Somalia lagged somewhat behind, together comprising a further X terms of the main importing countries, Guinea saw the highest growth rate of 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

In 2018, the cereal flour import price in Hungary amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the cereal flour import price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. Hungary import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour
• Prodcom 10612200 - Cereal flours (excluding wheat or meslin)

This report provides an in-depth analysis of the cereal flour 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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