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Hungary - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Soft Drink Market Overview 2021

Soft Drink Market Size in Hungary

In 2020, the Hungarian soft drink market decreased by -X% to $X, falling for the second consecutive year after five years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Soft drink consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Soft Drink Production in Hungary

In value terms, soft drink production totaled $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Soft drink production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Soft Drink Exports

Exports from Hungary

In 2020, the amount of soft drinks exported from Hungary soared to X tonnes, surging by X% on the previous year. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, soft drink exports soared to $X in 2020. Over the period under review, exports saw a strong increase. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to see gradual growth in the near future.

Exports by Country

Romania (X tonnes), Slovakia (X tonnes) and Austria (X tonnes) were the main destinations of soft drink exports from Hungary, with a combined X% share of total exports. The Czech Republic, Croatia, Bulgaria, Serbia, Greece, the UK, Slovenia, Poland, Bosnia and Herzegovina and Azerbaijan lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) remains the key foreign market for soft drink exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Bulgaria ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Romania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+X% per year) and Austria (+X% per year).

Export Prices by Country

The average soft drink export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bulgaria ($X per tonne), while the average price for exports to Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced more modest paces of growth.

Soft Drink Imports

Imports into Hungary

In 2020, supplies from abroad of soft drinks decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. Over the period under review, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, soft drink imports fell to $X in 2020. Overall, imports, however, enjoyed a pronounced increase. 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 reached the peak figure at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tonnes), the Czech Republic (X tonnes) and Poland (X tonnes) were the main suppliers of soft drink imports to Hungary, together comprising X% of total imports. These countries were followed by Germany, Croatia, Slovakia and Italy, which together accounted for a further X 2007 to 2020, the biggest increases were in Slovakia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Poland ($X) and the Czech Republic ($X) constituted the largest soft drink suppliers to Hungary, together comprising X% of total imports. These countries were followed by Germany, Slovakia, Croatia and Italy, which together accounted for a further X the main suppliers, Slovakia 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

The average soft drink import price stood at $X per tonne in 2020, falling by -X% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soft drinks in the world?
+
The country with the largest volume of soft drink consumption was China (73M tonnes), accounting for 16% of total volume. Moreover, soft drink consumption in China exceeded the figures recorded by the second-largest consumer, India (29M tonnes), threefold. The third position in this ranking was occupied by the U.S. (29M tonnes), with a 6.4% share.
What are the largest producers of soft drinks in the world?
+
China (73M tonnes) constituted the country with the largest volume of soft drink production, comprising approx. 16% of total volume. Moreover, soft drink production in China exceeded the figures recorded by the second-largest producer, India (29M tonnes), threefold. The third position in this ranking was occupied by the U.S. (27M tonnes), with a 6.1% share.
What are the leading suppliers of soft drinks to Hungary?
+
In value terms, Austria ($40M), Poland ($30M) and the Czech Republic ($29M) constituted the largest soft drink suppliers to Hungary, together comprising 58% of total imports. These countries were followed by Germany, Slovakia, Croatia and Italy, which together accounted for a further 24%.
What are the leading importers of soft drinks from Hungary?
+
In value terms, Romania ($51M) remains the key foreign market for soft drink exports from Hungary, comprising 22% of total exports. The second position in the ranking was occupied by Bulgaria ($23M), with a 9.7% share of total exports. It was followed by Austria, with a 9.2% share.
What is the average export price for soft drinks in Hungary?
+
In 2020, the average soft drink export price amounted to $635 per tonne, with an increase of 1.6% against the previous year.
What is the average import price for soft drinks in Hungary?
+
The average soft drink import price stood at $449 per tonne in 2020, falling by -3.5% against the previous year.

Product coverage:
• Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
• Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
• Prodcom 11071970 - Non-alcoholic beverages containing milk fat

This report provides an in-depth analysis of the soft drink 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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