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Hungary - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Tomato Market Overview 2021

Tomato Market Size in Hungary

The Hungarian tomato market stood at $X in 2020, standing approx. at the previous year. Over the period under review, consumption showed a slight descent. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Tomato Production in Hungary

In value terms, tomato production amounted to $X in 2020 estimated in export prices. Overall, production continues to indicate a slight shrinkage. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

The average yield of tomatoes in Hungary contracted modestly to X tonnes per ha in 2020, remaining relatively unchanged against the previous year. Overall, the yield continues to indicate a slight downturn. The pace of growth was the most pronounced in 2013 when the yield increased by X% y-o-y. Over the period under review, the average tomato yield hit record highs at X tonnes per ha in 2008; however, from 2009 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of tomatoes were harvested in Hungary; remaining relatively unchanged against the year before. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% y-o-y. The tomato harvested area peaked at X ha in 2007; however, from 2008 to 2020, the harvested area stood at a somewhat lower figure.

Tomato Exports

Exports from Hungary

For the fifth consecutive year, Hungary recorded growth in shipments abroad of tomatoes, which increased by X% to X tonnes in 2020. In general, exports showed prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the immediate term.

In value terms, tomato exports rose to $X in 2020. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

Slovakia (X tonnes), Romania (X tonnes) and Austria (X tonnes) were the main destinations of tomato exports from Hungary, with a combined X% share of total exports. Italy, the Czech Republic and Germany lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Italy, while shipments for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The average tomato export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per tonne), while the average price for exports to Germany ($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 Italy, while the prices for the other major destinations experienced mixed trend patterns.

Tomato Imports

Imports into Hungary

Tomato imports into Hungary skyrocketed to X tonnes in 2020, jumping by X% compared with 2019 figures. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, tomato imports soared to $X in 2020. In general, total imports indicated a moderate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of tomato to Hungary, accounting for a X% share of total imports. Moreover, tomato imports from Spain exceeded the figures recorded by the second-largest supplier, Slovakia (X tonnes), twofold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Spain 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 largest tomato suppliers to Hungary were Spain ($X), Slovakia ($X) and Germany ($X), together comprising X% of total imports.

Among 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 tomato import price stood at $X per tonne in 2020, standing approx. at the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomatoes in the world?
+
China (65M tonnes) remains the largest tomato consuming country worldwide, accounting for 35% of total volume. Moreover, tomato consumption in China exceeded the figures recorded by the second-largest consumer, India (20M tonnes), threefold. Turkey (13M tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of tomatoes in the world?
+
China (66M tonnes) remains the largest tomato producing country worldwide, comprising approx. 35% of total volume. Moreover, tomato production in China exceeded the figures recorded by the second-largest producer, India (20M tonnes), threefold. The third position in this ranking was occupied by Turkey (13M tonnes), with a 7% share.
What are the leading suppliers of tomatoes to Hungary?
+
In value terms, the largest tomato suppliers to Hungary were Spain ($11M), Slovakia ($6.3M) and Germany ($3.8M), together comprising 68% of total imports.
What are the leading importers of tomatoes from Hungary?
+
In value terms, Slovakia ($6.8M) emerged as the key foreign market for tomato exports from Hungary, comprising 53% of total exports. The second position in the ranking was occupied by Austria ($3M), with a 23% share of total exports. It was followed by Romania, with a 16% share.
What is the average export price for tomatoes in Hungary?
+
In 2020, the average tomato export price amounted to $1,429 per tonne, increasing by 1.8% against the previous year.
What is the average import price for tomatoes in Hungary?
+
The average tomato import price stood at $1,718 per tonne in 2020, flattening at the previous year.

Product coverage:
• FCL 388 - Tomatoes, fresh

This report provides an in-depth analysis of the tomato 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
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 2007–2020
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 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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