Report Update: May 1, 2024

Hungary - Cauliflower And Broccoli - Market Analysis, Forecast, Size, Trends and Insights

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Cauliflower and Broccoli Price in Hungary - 2023

Cauliflower and Broccoli Price in Hungary (CIF) - 2023

In May 2023, the average cauliflower and broccoli import price amounted to $1,923 per ton, picking up by 38% against the previous month. In general, import price indicated a pronounced increase from May 2022 to May 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, cauliflower and broccoli import price increased by +44.7% against March 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($2,751 per ton), while the price for Egypt ($851 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cauliflower and Broccoli Price in Hungary (FOB) - 2022

In 2022, the average cauliflower and broccoli export price amounted to $1,442 per ton, which is down by -19.8% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cauliflower and broccoli export price increased by +40.4% against 2018 indices. The growth pace was the most rapid in 2019 when the average export price increased by 44% against the previous year. The export price peaked at $1,799 per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($5,500 per ton), while the average price for exports to Slovakia ($907 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 Poland (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cauliflower and Broccoli Imports in Hungary

In 2022, approx. 11K tons of cauliflower and broccoli were imported into Hungary; picking up by 7.7% on the year before. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cauliflower and broccoli imports expanded to $13M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Cauliflower and Broccoli in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	2.0	2.3	3.7	3.5	20.5%
Italy	2.0	2.2	3.0	3.0	14.5%
Poland	2.4	2.4	2.1	2.6	2.7%
Germany	2.5	2.6	1.3	1.3	-19.6%
France	N/A	N/A	0.2	0.8	300.0%
Austria	0.5	0.6	0.6	0.6	6.3%
Netherlands	0.7	0.3	0.5	0.4	-17.0%
Czech Republic	0.9	1.0	0.4	0.2	-39.4%
Others	0.2	0.3	0.4	0.3	14.5%
Total	11.2	11.7	12.3	12.7	4.3%

Top Suppliers of Cauliflower and Broccoli to Hungary in 2022:

Poland (3.1K tons)
Italy (3.0K tons)
Spain (2.2K tons)
Germany (0.9K tons)
France (0.6K tons)
Austria (0.4K tons)
Netherlands (0.3K tons)
Czech Republic (0.2K tons)

Cauliflower and Broccoli Exports in Hungary

In 2022, shipments abroad of cauliflower and broccoli decreased by -40.9% to 216 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 250%. As a result, the exports attained the peak of 504 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cauliflower and broccoli exports declined sharply to $312K in 2022. Overall, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 207%.

Export of Cauliflower and Broccoli in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	98.7	399	322	154	16.0%
Ukraine	57.1	161	188	63.6	3.7%
Slovakia	14.5	32.7	22.8	50.8	51.9%
Croatia	2.7	10.2	70.3	35.7	136.5%
Poland	N/A	41.8	N/A	0.4	-90.2%
Bulgaria	39.2	7.3	24.6	N/A	-20.8%
Others	0.7	3.1	30.8	7.3	118.5%
Total	213	655	658	312	13.6%

Top Export Markets for Cauliflower and Broccoli from Hungary in 2022:

Romania (96.2 tons)
Slovakia (56.1 tons)
Ukraine (42.2 tons)
Croatia (16.6 tons)
Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cauliflower and broccoli 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 393 - Cauliflowers and broccoli

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023