Hungary - Triticale - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHungary: Triticale Market 2024
Triticale Market Size in Hungary
The Hungarian triticale market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a noticeable contraction. Triticale consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Triticale Production in Hungary
In value terms, triticale production reduced to $X in 2022 estimated in export price. In general, production saw a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Triticale production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
The average yield of triticale in Hungary stood at X tons per ha in 2022, approximately equating the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. The triticale yield peaked at X tons per ha in 2016; afterwards, it flattened through to 2022. 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 triticale production in Hungary fell to X ha, with a decrease of X% against the previous year's figure. In general, the harvested area continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the harvested area dedicated to triticale production attained the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.
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Triticale Exports
Exports from Hungary
Triticale exports from Hungary reduced notably to X tons in 2022, waning by X% compared with 2021 figures. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
In value terms, triticale exports declined slightly to $X in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Italy (X tons) was the main destination for triticale exports from Hungary, accounting for a X% share of total exports. Moreover, triticale exports to Italy exceeded the volume sent to the second major destination, Austria (X tons), sixfold. The third position in this ranking was taken by Slovenia (X tons), with an X% share.
From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Slovenia (X% per year).
In value terms, Italy ($X) remains the key foreign market for triticale exports from Hungary, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Slovenia, with an X% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Slovenia (X% per year).
Export Prices by Country
The average triticale export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($X per ton) and Austria ($X per ton), while the average price for exports to Italy ($X per ton) and Slovenia ($X per ton) were 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.
Triticale Imports
Imports into Hungary
In 2022, overseas purchases of triticale decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, triticale imports declined rapidly to $X in 2022. Overall, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Slovakia (X tons) was the main triticale supplier to Hungary, accounting for a X% share of total imports. It was followed by Serbia (X tons), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Poland (X% per year).
In value terms, Slovakia ($X) constituted the largest supplier of triticale to Hungary, comprising X% of total imports. The second position in the ranking was held by Serbia ($X), with an X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Slovakia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Poland (X% per year).
Import Prices by Country
In 2022, the average triticale import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw mild growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the triticale 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 2030.
Product coverage:
- FCL 97 - Triticale
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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