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Hungary - Potato - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Potato Market Overview 2020

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Potato Market Size in Hungary

The revenue of the potato market in Hungary amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, potato consumption continues to indicate a temperate deduction. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. In that year, the potato market reached its peak level of $X. From 2009 to 2018, the growth of the potato market failed to regain its momentum.

Potato Production in Hungary

In value terms, potato production totaled $X in 2018 estimated in export prices. Over the period under review, potato production continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. In that year, potato production reached its peak level of $X. From 2009 to 2018, potato production growth failed to regain its momentum.

Average yield of potatoes in Hungary stood at X tonne per ha in 2018, approximately mirroring the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when yield increased by X% against the previous year. In that year, the average potato yield reached its peak level of X tonne per ha. From 2012 to 2018, the growth of the average potato yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Potato harvested area in Hungary stood at X ha in 2018, lowering by -X% against the previous year. In general, the potato harvested area continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2012 when harvested area increased by X% year-to-year. Potato harvested area peaked at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Potato Exports

Exports from Hungary

In 2018, the potato exports from Hungary amounted to X tonnes, therefore, remained relatively stable against the previous year. Overall, potato exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, potato exports totaled $X in 2018. Overall, potato exports 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, potato exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Sudan (X tonnes), Romania (X tonnes) and Germany (X tonnes) were the main destinations of potato exports from Hungary, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Sudan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for potato exported from Hungary were Romania ($X), Germany ($X) and Slovakia ($X), together comprising X% of total exports. These countries were followed by the Netherlands, Sudan, Austria and the Czech Republic, which together accounted for a further X Netherlands recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average potato export price amounted to $X per tonne, growing by X% against the previous year. Overall, the potato export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for potatoes attained their peak figure at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Sudan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Hungary

In 2018, approx. X tonnes of potatoes were imported into Hungary; dropping by -X% against the previous year. In general, potato imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. In that year, potato imports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, potato imports totaled $X in 2018. In general, potato imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the Netherlands (X tonnes) constituted the largest supplier of potato to Hungary, with a X% share of total imports. Moreover, potato imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Slovakia (X tonnes), twofold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+X% per year) and Germany (+X% per year).

In value terms, the Netherlands ($X), Slovakia ($X) and Germany ($X) constituted the largest potato suppliers to Hungary, with a combined X% share of total imports. These countries were followed by France, Poland, Spain and Austria, which together accounted for a further X the main suppliers, Spain recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average potato import price amounted to $X per tonne, going up by X% against the previous year. Overall, the potato import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. In that year, the average import prices for potatoes attained their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average import prices for potatoes remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 116 - Potatoes

This report provides an in-depth analysis of the potato 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 2030.


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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