Hungary: Pumpkin Market 2024

Pumpkin Market Size in Hungary

The Hungarian pumpkin market amounted to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, enjoyed buoyant growth. Pumpkin consumption peaked in 2022 and is expected to retain growth in years to come.

Pumpkin Production in Hungary

In value terms, pumpkin production rose slightly to $X in 2022 estimated in export price. Overall, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of pumpkin (squash and gourds) in Hungary shrank slightly to X tons per ha in 2022, dropping by X% compared with 2021. In general, the yield recorded a noticeable contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average pumpkin 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 2022, the harvested area of pumpkin (squash and gourds) in Hungary was estimated at X ha, with an increase of X% against 2021 figures. In general, the harvested area posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% against the previous year. The pumpkin harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

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Pumpkin Exports

Exports from Hungary

In 2022, pumpkin exports from Hungary dropped significantly to X tons, which is down by X% compared with 2021. Overall, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, pumpkin exports dropped markedly to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), Slovakia (X tons) and the Czech Republic (X tons) were the main destinations of pumpkin exports from Hungary, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Austria ($X) remains the key foreign market for pumpkin (squash and gourds) exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average pumpkin export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, posted prominent growth. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2021, and then declined modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Germany ($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 Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pumpkin Imports

Imports into Hungary

In 2022, after four years of growth, there was decline in purchases abroad of pumpkin (squash and gourds), when their volume decreased by X% to X tons. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined slightly in the following year.

In value terms, pumpkin imports totaled $X in 2022. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of pumpkin to Hungary, with a X% share of total imports. Moreover, pumpkin imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Spain ($X) constituted the largest supplier of pumpkin (squash and gourds) to Hungary, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average pumpkin import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Austria ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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