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Hungary - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPasta Products Price in Hungary - 2023
Contents:
- Pasta Products Price in Hungary (FOB) - 2023
- Pasta Products Price in Hungary (CIF) - 2023
- Pasta Products Exports in Hungary
- Pasta Products Imports in Hungary
Pasta Products Price in Hungary (FOB) - 2023
The average pasta products export price stood at $3,690 per ton in August 2023, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 26% month-to-month. As a result, the export price reached the peak level of $4,006 per ton. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($5,611 per ton), while the average price for exports to Poland ($1,397 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Pasta Products Price in Hungary (CIF) - 2023
The average pasta products import price stood at $3,343 per ton in August 2023, flattening at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 an increase of 11% month-to-month. Over the period under review, average import prices hit record highs at $3,423 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($4,055 per ton), while the price for Serbia ($2,472 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pasta Products Exports in Hungary
For the fourth consecutive year, Hungary recorded growth in shipments abroad of dried, undried and frozen pasta and pasta products, which increased by 41% to 37K tons in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, pasta products exports skyrocketed to $105M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +26.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +102.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 39%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Pasta Products in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 12.5 | 17.8 | 22.3 | 25.7 | 27.2% |
United Kingdom | 13.8 | 21.4 | 25.4 | 25.3 | 22.4% |
Netherlands | 3.6 | 4.6 | 5.8 | 8.2 | 31.6% |
Poland | N/A | 0.6 | 3.7 | 7.8 | 260.6% |
France | 5.1 | 5.4 | 7.0 | 6.6 | 9.0% |
Spain | 0.7 | 0.7 | 2.6 | 5.3 | 96.4% |
Romania | 1.9 | 2.9 | 2.4 | 3.2 | 19.0% |
Portugal | 1.8 | 2.0 | 1.7 | 3.0 | 18.6% |
Finland | 1.0 | 1.0 | 1.1 | 2.7 | 39.2% |
Sweden | 1.6 | 2.0 | 2.4 | 2.5 | 16.0% |
Italy | 0.7 | 0.8 | 1.2 | 2.3 | 48.7% |
Switzerland | 1.3 | 1.6 | 2.2 | 2.3 | 20.9% |
Belgium | 4.0 | 5.9 | 5.1 | 1.7 | -24.8% |
Others | 3.8 | 5.6 | 5.8 | 8.6 | 31.3% |
Total | 51.9 | 72.3 | 88.8 | 105 | 26.5% |
Top Export Markets for Pasta Products from Hungary in 2022:
- Germany (8.0K tons)
- Poland (7.3K tons)
- United Kingdom (6.3K tons)
- Netherlands (2.6K tons)
- Romania (2.3K tons)
- France (1.7K tons)
- Spain (1.1K tons)
- Finland (1.0K tons)
- Sweden (1.0K tons)
- Switzerland (0.8K tons)
- Italy (0.6K tons)
- Portugal (0.6K tons)
- Belgium (0.4K tons)
Pasta Products Imports in Hungary
In 2022, imports of dried, undried and frozen pasta and pasta products into Hungary stood at 4.4K tons, with an increase of 4.5% on 2021. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, pasta products imports rose remarkably to $12M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Pasta Products in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1.3 | 1.5 | 1.7 | 2.8 | 29.1% |
Slovakia | 1.1 | 1.4 | 1.7 | 2.1 | 24.1% |
Germany | 1.4 | 1.3 | 1.6 | 1.8 | 8.7% |
Ukraine | 1.2 | 1.2 | 1.3 | 1.1 | -2.9% |
Austria | 0.6 | 0.8 | 0.9 | 0.9 | 14.5% |
Czech Republic | 0.3 | 0.3 | 0.6 | 0.8 | 38.7% |
Vietnam | 1.1 | 1.5 | 1.6 | 0.8 | -10.1% |
Italy | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
Serbia | N/A | N/A | 0.1 | 0.5 | 400.0% |
Others | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
Total | 7.8 | 8.8 | 10.4 | 11.9 | 15.1% |
Top Suppliers of Pasta Products to Hungary in 2022:
- Poland (898.6 tons)
- Slovakia (748.6 tons)
- Germany (668.9 tons)
- Ukraine (474.9 tons)
- Czech Republic (324.3 tons)
- Austria (294.0 tons)
- Vietnam (272.3 tons)
- Italy (254.0 tons)
- Serbia (210.0 tons)
This report provides an in-depth analysis of the pasta products 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:
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the pasta products market in Hungary.
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In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
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