Hungary: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Hungary

In 2022, the Hungarian market for non-alcoholic beverages, not containing milk decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption showed a relatively flat trend pattern. Non-alcoholic beverage, not containing milk consumption peaked at $X in 2021, and then shrank remarkably in the following year.

Production of Non-Alcoholic Beverages, Not Containing Milk in Hungary

In value terms, non-alcoholic beverage, not containing milk production reduced markedly to $X in 2022 estimated in export price. In general, production showed a pronounced decrease. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Hungary

In 2022, shipments abroad of non-alcoholic beverages, not containing milk increased by X% to X litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a noticeable contraction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X litres in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, non-alcoholic beverage, not containing milk exports rose significantly to $X in 2022. Overall, exports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Austria (X litres), the Czech Republic (X litres) and Romania (X litres) were the main destinations of non-alcoholic beverage, not containing milk exports from Hungary, with a combined X% share of total exports. Slovakia, Croatia, Slovenia, Lithuania, Bulgaria, Poland, Serbia, Turkey, India and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-alcoholic beverage, not containing milk exported from Hungary were the Czech Republic ($X), Austria ($X) and Romania ($X), together comprising X% of total exports. Slovakia, Croatia, the UK, Turkey, India, Poland, Serbia, Slovenia, Bulgaria and Lithuania lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-alcoholic beverages, not containing milk stood at $X per litre in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per litre), while the average price for exports to Lithuania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Hungary

In 2022, supplies from abroad of non-alcoholic beverages, not containing milk decreased by X% to X litres, falling for the third consecutive year after eight years of growth. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X litres. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, non-alcoholic beverage, not containing milk imports shrank to $X in 2022. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X litres), Austria (X litres) and Germany (X litres) were the main suppliers of non-alcoholic beverage, not containing milk imports to Hungary, with a combined X% share of total imports. Italy, the Czech Republic, the Netherlands, France, Belgium, Slovakia, Romania and Serbia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Poland ($X) appeared to be the largest non-alcoholic beverage, not containing milk suppliers to Hungary, with a combined X% share of total imports. The Netherlands, the Czech Republic, Italy, Belgium, France, Romania, Slovakia and Serbia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, France, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average import price for non-alcoholic beverages, not containing milk amounted to $X per litre, reducing by X% against the previous year. Overall, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The import price peaked at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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