Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary - 2023

Contents:

  1. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary (CIF) - 2023
  2. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary (FOB) - 2023
  3. Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary
  4. Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary (CIF) - 2023

The average import price for fresh or chilled lettuce, other than cabbage lettuce stood at $1,171 per ton in September 2023, growing by 3.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 21% month-to-month. As a result, import price reached the peak level of $1,694 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,183 per ton), while the price for Poland ($701 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary (FOB) - 2023

In September 2023, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $1,185 per ton, shrinking by -12.8% against the previous month. Overall, the export price showed a slight setback. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 12% month-to-month. Over the period under review, the average export prices attained the maximum at $2,089 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the Czech Republic ($6,740 per ton), while the average price for exports to Poland ($615 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary

In 2022, approx. 15K tons of fresh or chilled lettuce, other than cabbage lettuce were imported into Hungary; increasing by 13% on 2021. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce stood at $18M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8.36.68.39.23.5%
Germany4.23.83.42.7-13.7%
Italy0.91.30.92.234.7%
Austria1.41.61.91.52.3%
NetherlandsN/A0.50.90.69.5%
EgyptN/AN/AN/A0.50%
Poland0.20.10.10.535.7%
Others0.90.90.91.16.9%
Total16.114.816.518.34.4%

Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Hungary in 2022:

  1. Spain (8.5K tons)
  2. Austria (1.7K tons)
  3. Germany (1.4K tons)
  4. Italy (1.2K tons)
  5. Poland (0.7K tons)
  6. Netherlands (0.5K tons)
  7. Egypt (0.5K tons)

Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary

Exports of fresh or chilled lettuce, other than cabbage lettuce from Hungary was estimated at 5K tons in 2022, growing by 2.8% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce amounted to $7.6M in 2022. Overall, exports, however, recorded a abrupt curtailment.

Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania3.83.64.14.66.6%
Czech Republic1.71.61.41.70.0%
Slovakia1.41.61.11.0-10.6%
PolandN/AN/AN/A0.10%
SpainN/A0.7N/AN/A0%
Austria4.1N/A0.1N/A-84.4%
OthersN/A0.80.50.1-64.6%
Total11.08.27.27.6-11.6%

Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Hungary in 2022:

  1. Romania (4269.2 tons)
  2. Czech Republic (307.9 tons)
  3. Slovakia (204.4 tons)
  4. Poland (123.7 tons)
  5. Austria (29.9 tons)
  6. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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