Hungary: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Hungary

The Hungarian unmanufactured tobacco market fell sharply to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a mild decrease. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Unmanufactured Tobacco Production in Hungary

In value terms, unmanufactured tobacco production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Unmanufactured tobacco production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of tobacco (unmanufactured) in Hungary dropped modestly to X tons per ha in 2022, with a decrease of X% compared with 2021 figures. Overall, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average unmanufactured tobacco yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of tobacco (unmanufactured) production in Hungary fell slightly to X ha, dropping by X% compared with the previous year's figure. Over the period under review, the harvested area recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The unmanufactured tobacco harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Unmanufactured Tobacco Exports

Exports from Hungary

In 2022, approx. X tons of tobacco (unmanufactured) were exported from Hungary; which is down by X% compared with the year before. Over the period under review, exports showed a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco exports shrank markedly to $X in 2022. In general, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for unmanufactured tobacco exports from Hungary, with a X% share of total exports. Moreover, unmanufactured tobacco exports to Croatia exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Croatia stood at X%.

In value terms, Croatia ($X) emerged as the key foreign market for tobacco (unmanufactured) exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Croatia totaled X%.

Export Prices by Country

In 2022, the average unmanufactured tobacco export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Croatia amounted to $X per ton.

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

Unmanufactured Tobacco Imports

Imports into Hungary

In 2022, approx. X tons of tobacco (unmanufactured) were imported into Hungary; declining by X% on the previous year. Over the period under review, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, unmanufactured tobacco imports contracted markedly to $X in 2022. In general, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Croatia (X tons), Bulgaria (X tons) and Italy (X tons) were the main suppliers of unmanufactured tobacco imports to Hungary, with a combined X% share of total imports.

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

In value terms, Sri Lanka ($X) constituted the largest supplier of tobacco (unmanufactured) to Hungary, comprising X% of total imports. The second position in the ranking was held by Croatia ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

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

Import Prices by Country

The average unmanufactured tobacco import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood 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 Sri Lanka ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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