Price for Citrus Fruits Not Elsewhere Classified in Hungary - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Hungary (CIF) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Hungary (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Hungary
- Exports of Citrus Fruits Not Elsewhere Classified in Hungary
Price for Citrus Fruits Not Elsewhere Classified in Hungary (CIF) - 2022
In 2022, the average import price for citrus fruits not elsewhere classified amounted to $804 per ton, reducing by -1.8% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $2,286 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the Czech Republic ($1,634 per ton), while the price for Greece ($519 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (-3.6%), while the prices for the other major suppliers experienced a decline.
Price for Citrus Fruits Not Elsewhere Classified in Hungary (FOB) - 2022
The average export price for citrus fruits not elsewhere classified stood at $1,231 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the export price saw a perceptible expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 129% against the previous year. The export price peaked at $4,133 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +3.9% per year.
Imports of Citrus Fruits Not Elsewhere Classified in Hungary
For the fourth year in a row, Hungary recorded growth in supplies from abroad of citrus fruits not elsewhere classified, which increased by 1.5% to 8.6K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, citrus fruits not elsewhere classified imports reduced to $7M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year.
| Import of Citrus Fruits Not Elsewhere Classified in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.9 | 3.3 | 3.2 | 3.2 | 19.0% |
| Greece | 0.3 | 0.5 | 1.8 | 1.4 | 67.1% |
| Czech Republic | N/A | N/A | 0.7 | 1.1 | 57.1% |
| United Kingdom | 1.8 | 2.5 | 0.6 | 0.8 | -23.7% |
| Slovakia | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Netherlands | 0.2 | 0.1 | 0.4 | 0.1 | -20.6% |
| Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Total | 4.4 | 6.5 | 7.0 | 7.0 | 16.7% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Hungary in 2022:
- Netherlands (undefinedK tons)
- Spain (3.9K tons)
- Greece (2.7K tons)
- United Kingdom (1.1K tons)
- Czech Republic (0.6K tons)
- Slovakia (0.2K tons)
Exports of Citrus Fruits Not Elsewhere Classified in Hungary
In 2022, shipments abroad of citrus fruits not elsewhere classified increased by 37% to 26 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a precipitous curtailment.
In value terms, citrus fruits not elsewhere classified exports soared to $32 in 2022. Over the period under review, exports, however, continue to indicate a sharp curtailment.
| Export of Citrus Fruits Not Elsewhere Classified in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 5.2 | 0.1 | N/A | N/A | -98.1% |
| United Arab Emirates | 5.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.4 | 0.1 | N/A | N/A | -99.0% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Hungary in 2022:
- Romania (26.0 kg)
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