Hungary: Lettuce And Chicory Market Overview 2021

Lettuce And Chicory Market Size in Hungary

In 2019, the Hungarian lettuce and chicory market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Lettuce And Chicory Production in Hungary

In value terms, lettuce and chicory production fell to $X in 2019 estimated in export prices. In general, production recorded a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

The average yield of lettuce and chicory in Hungary fell slightly to X tonnes per ha in 2019, with a decrease of -X% on 2018. Over the period under review, the yield showed a perceptible slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the average lettuce and chicory yield reached the maximum level at X tonnes per ha in 2008; however, from 2009 to 2019, 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 2019, the total area harvested in terms of lettuce and chicory production in Hungary was estimated at X ha, increasing by X% on the previous year. Over the period under review, the harvested area recorded notable growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, the harvested area attained the peak level of X ha. From 2014 to 2019, the growth of the lettuce and chicory harvested area failed to regain the momentum.

Lettuce And Chicory Exports

Exports from Hungary

In 2019, approx. X tonnes of lettuce and chicory were exported from Hungary; remaining constant against 2018 figures. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, lettuce and chicory exports declined to $X in 2019. Over the period under review, total exports indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

Romania (X tonnes) was the main destination for lettuce and chicory exports from Hungary, with a X% share of total exports. Moreover, lettuce and chicory exports to Romania exceeded the volume sent to the second major destination, Austria (X tonnes), threefold. The Czech Republic (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Romania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and the Czech Republic (+X% per year).

In value terms, the largest markets for lettuce and chicory exported from Hungary were Romania ($X), Austria ($X) and the Czech Republic ($X), together accounting for X% of total exports.

Among the main countries of destination, the Czech Republic (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average lettuce and chicory export price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Hungary

In 2019, approx. X tonnes of lettuce and chicory were imported into Hungary; picking up by X% on 2018 figures. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are likely to see gradual growth in the near future.

In value terms, lettuce and chicory imports rose slightly to $X in 2019. In general, imports recorded a prominent increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are likely to see gradual growth in years to come.

Imports by Country

Spain (X tonnes), Germany (X tonnes) and Austria (X tonnes) were the main suppliers of lettuce and chicory imports to Hungary, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lettuce and chicory suppliers to Hungary were Spain ($X), Germany ($X) and Austria ($X), with a combined X% share of total imports.

Among the main suppliers, Germany recorded 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

The average lettuce and chicory import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Czech Republic ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lettuce and chicory in the world?

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China (16M tonnes) constituted the country with the largest volume of lettuce and chicory consumption, accounting for 57% of total volume. Moreover, lettuce and chicory consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.6M tonnes), fourfold. India (1.3M tonnes) ranked third in terms of total consumption with a 4.5% share.

What are the largest producers of lettuce and chicory in the world?

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The country with the largest volume of lettuce and chicory production was China (16M tonnes), accounting for 57% of total volume. Moreover, lettuce and chicory production in China exceeded the figures recorded by the second-largest producer, the U.S. (3.6M tonnes), fourfold. The third position in this ranking was occupied by India (1.3M tonnes), with a 4.5% share.

What are the leading suppliers of lettuce and chicory to Hungary?

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In value terms, Spain ($9.1M), Germany ($4.8M) and Austria ($1.6M) were the largest lettuce and chicory suppliers to Hungary, with a combined 81% share of total imports.

What are the leading importers of lettuce and chicory from Hungary?

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In value terms, the largest markets for lettuce and chicory exported from Hungary were Romania ($5.4M), Austria ($4.5M) and the Czech Republic ($2.1M), with a combined 85% share of total exports.

What is the average export price for lettuce and chicory in Hungary?

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The average lettuce and chicory export price stood at $2,046 per tonne in 2019, reducing by -11.3% against the previous year.

What is the average import price for lettuce and chicory in Hungary?

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In 2019, the average lettuce and chicory import price amounted to $1,119 per tonne, waning by -9.6% against the previous year.