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Hungary - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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Hungary: Preserved Peas Market Overview 2020

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Preserved Peas Market Size in Hungary

The Hungarian preserved peas market shrank slightly to $X in 2019, almost unchanged from the previous year. Overall, consumption, however, showed a noticeable descent. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Preserved peas consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Preserved Peas Production in Hungary

In value terms, preserved peas production contracted to $X in 2019 estimated in export prices. Over the period under review, production saw a abrupt slump. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Preserved peas production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Preserved Peas Exports

Exports from Hungary

Preserved peas exports from Hungary declined to X tonnes in 2019, waning by -X% against the previous year's figure. Overall, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, preserved peas exports reduced to $X in 2019. Over the period under review, exports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Russia (X tonnes) was the main destination for preserved peas exports from Hungary, accounting for a X% share of total exports. Moreover, preserved peas exports to Russia exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. Italy (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 Russia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, Russia ($X) remains the key foreign market for preserved peas exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Russia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

Export Prices by Country

The average preserved peas export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2019, the highest prices were recorded for prices to Romania ($X per tonne) and Ukraine ($X per tonne), while the average price for exports to Lithuania ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

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

Preserved Peas Imports

Imports into Hungary

In 2019, approx. X tonnes of preserved peas were imported into Hungary; with an increase of X% compared with the previous year's figure. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, preserved peas imports declined to $X in 2019. In general, imports showed a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018, and then dropped in the following year.

Imports by Country

In 2019, France (X tonnes) constituted the largest preserved peas supplier to Hungary, with a X% share of total imports. Moreover, preserved peas imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), more than tenfold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Italy (+X% per year).

In value terms, France ($X) constituted the largest supplier of preserved peas to Hungary, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

From 2007 to 2019, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Moldova (X% per year).

Import Prices by Country

In 2019, the average preserved peas import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, 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 preserved peas in the world?
+
China (560K tonnes) remains the largest preserved peas consuming country worldwide, comprising approx. 17% of total volume. Moreover, preserved peas consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (236K tonnes), twofold. India (226K tonnes) ranked third in terms of total consumption with a 7% share.
What are the largest producers of preserved peas in the world?
+
China (576K tonnes) constituted the country with the largest volume of preserved peas production, accounting for 18% of total volume. Moreover, preserved peas production in China exceeded the figures recorded by the second-largest producer, the U.S. (245K tonnes), twofold. The third position in this ranking was occupied by India (226K tonnes), with a 7% share.
What are the leading suppliers of preserved peas to Hungary?
+
In value terms, France ($2.9M) constituted the largest supplier of preserved peas to Hungary, comprising 88% of total imports. The second position in the ranking was occupied by the Netherlands ($144K), with a 4.3% share of total imports. It was followed by Moldova, with a 2% share.
What are the leading importers of preserved peas from Hungary?
+
In value terms, Russia ($15M) remains the key foreign market for preserved peas exports from Hungary, comprising 26% of total exports. The second position in the ranking was occupied by Germany ($7.3M), with a 13% share of total exports. It was followed by Italy, with a 10% share.
What is the average export price for preserved peas in Hungary?
+
The average preserved peas export price stood at $970 per tonne in 2019, with an increase of 1.7% against the previous year.
What is the average import price for preserved peas in Hungary?
+
The average preserved peas import price stood at $991 per tonne in 2019, which is down by -20.2% against the previous year.

Product coverage:
• Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

This report provides an in-depth analysis of the preserved peas 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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