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Hungary - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Lettuce And Chicory Market Overview 2021

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

Product coverage:
• FCL 372 - Lettuce and chicory

This report provides an in-depth analysis of the lettuce and chicory 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 2007–2019
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:
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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