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Hungary - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Chili And Pepper Market Overview 2021

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Chili And Pepper Market Size in Hungary

In 2020, the Hungarian chili and pepper market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Chili And Pepper Production in Hungary

In value terms, chili and pepper production expanded significantly to $X in 2020 estimated in export prices. Overall, production saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Chili and pepper production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

In 2020, the average yield of chilies and peppers (green) in Hungary fell to X tonnes per ha, therefore, remained relatively stable against 2019. Over the period under review, the yield saw a slight contraction. The pace of growth was the most pronounced in 2011 when the yield increased by X% y-o-y. The chili and pepper yield peaked at X tonnes per ha in 2007; however, from 2008 to 2020, the 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 2020, the total area harvested in terms of chilies and peppers (green) production in Hungary dropped to X ha, with a decrease of -X% compared with the previous year. In general, the harvested area saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to chili and pepper production reached the peak figure at X ha in 2009; however, from 2010 to 2020, the harvested area stood at a somewhat lower figure.

Chili And Pepper Exports

Exports from Hungary

In 2020, overseas shipments of chilies and peppers (green) decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2009 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, chili and pepper exports amounted to $X in 2020. In general, exports saw a mild shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for chili and pepper exports from Hungary, with a X% share of total exports. Moreover, chili and pepper exports to Germany exceeded the volume sent to the second major destination, Austria (X tonnes), fivefold. The third position in this ranking was occupied by Slovakia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and Slovakia (+X% per year).

In value terms, Germany ($X) remains the key foreign market for chili and pepper exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and Switzerland (+X% per year).

Export Prices by Country

The average chili and pepper export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

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

Chili And Pepper Imports

Imports into Hungary

In 2020, approx. X tonnes of chilies and peppers (green) were imported into Hungary; picking up by X% on the previous year's figure. Over the period under review, imports showed a tangible expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, chili and pepper imports skyrocketed to $X in 2020. In general, total imports indicated a perceptible increase from 2007 to 2020: its value 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, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of chili and pepper to Hungary, with a X% share of total imports. Moreover, chili and pepper imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. North Macedonia (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 Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and North Macedonia (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of chili and pepper to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by North Macedonia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and North Macedonia (+X% per year).

Import Prices by Country

In 2020, the average chili and pepper import price amounted to $X per tonne, remaining stable against the previous year. Overall, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Czech Republic ($X per tonne), while the price for Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Serbia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chilies and peppers (green) in the world?
+
China (19M tonnes) constituted the country with the largest volume of chili and pepper consumption, accounting for 50% of total volume. Moreover, chili and pepper consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (2.8M tonnes), sevenfold. Turkey (2.6M tonnes) ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of chilies and peppers (green) in the world?
+
The country with the largest volume of chili and pepper production was China (19M tonnes), comprising approx. 50% of total volume. Moreover, chili and pepper production in China exceeded the figures recorded by the second-largest producer, Mexico (3.4M tonnes), sixfold. The third position in this ranking was occupied by Indonesia (2.8M tonnes), with a 7.1% share.
What are the leading suppliers of chilies and peppers (green) to Hungary?
+
In value terms, Spain ($9.9M) constituted the largest supplier of chili and pepper to Hungary, comprising 46% of total imports. The second position in the ranking was occupied by Germany ($2.9M), with a 13% share of total imports. It was followed by North Macedonia, with a 8.1% share.
What are the leading importers of chilies and peppers (green) from Hungary?
+
In value terms, Germany ($20M) remains the key foreign market for chili and pepper exports from Hungary, comprising 68% of total exports. The second position in the ranking was occupied by Austria ($2.5M), with a 8.6% share of total exports. It was followed by Switzerland, with a 6.2% share.
What is the average export price for chilies and peppers (green) in Hungary?
+
The average chili and pepper export price stood at $1,544 per tonne in 2020, growing by 18% against the previous year.
What is the average import price for chilies and peppers (green) in Hungary?
+
In 2020, the average chili and pepper import price amounted to $1,426 per tonne, almost unchanged from the previous year.

Product coverage:
• FCL 401 - Chillies and peppers (green)

This report provides an in-depth analysis of the chili and pepper 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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