Hungary: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Hungary

In 2022, the Hungarian market for tree, flower and other seeds, fruits and spores for sowing decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Tree, flower and other seeds, fruits and spores for sowing in Hungary

In value terms, production of tree, flower and other seeds, fruits and spores for sowing stood at $X in 2022 estimated in export price. In general, production recorded a slight slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports from Hungary

In 2022, shipments abroad of tree, flower and other seeds, fruits and spores for sowing increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing surged to $X in 2022. Over the period under review, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for exports of tree, flower and other seeds, fruits and spores for sowing from Hungary, with a X% share of total exports. Moreover, exports of tree, flower and other seeds, fruits and spores for sowing to the Netherlands exceeded the volume sent to the second major destination, Denmark (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Germany (X% per year).

In value terms, the largest markets for tree, flower and other seeds, fruits and spores for sowing exported from Hungary were the Netherlands ($X), Denmark ($X) and Germany ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Denmark, with a CAGR of X%, 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 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports into Hungary

In 2022, approx. X tons of tree, flower and other seeds, fruits and spores for sowing were imported into Hungary; almost unchanged from 2021. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing soared to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of imports of tree, flower and other seeds, fruits and spores for sowing to Hungary, with a combined X% share of total imports. Slovakia, Romania, Poland and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the largest tree, flower and other seeds, fruits and spores for sowing suppliers to Hungary, with a combined X% share of total imports. Poland, Romania, Slovakia and Austria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded 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

The average import price for tree, flower and other seeds, fruits and spores for sowing stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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