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Hungary - Frozen Fruits And Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Fruits and Vegetables in Hungary - 2023
Contents:
- Price for Frozen Fruits and Vegetables in Hungary (CIF) - 2022
- Price for Frozen Fruits and Vegetables in Hungary (FOB) - 2022
- Imports of Frozen Fruits and Vegetables in Hungary
- Exports of Frozen Fruits and Vegetables in Hungary
Price for Frozen Fruits and Vegetables in Hungary (CIF) - 2022
The average frozen fruits and vegetables import price stood at $1,180 per ton in 2022, increasing by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 an increase of 8.3%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($3,019 per ton), while the price for Belgium ($872 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Fruits and Vegetables in Hungary (FOB) - 2022
The average frozen fruits and vegetables export price stood at $1,271 per ton in 2022, dropping by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. The export price peaked at $1,343 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($2,675 per ton), while the average price for exports to Israel ($943 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 Switzerland (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Fruits and Vegetables in Hungary
In 2022, approx. 130K tons of frozen fruits and vegetables were imported into Hungary; growing by 4.2% on the year before. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.2% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen fruits and vegetables imports stood at $153M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Frozen Fruits and Vegetables in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 27.4 | 24.6 | 32.7 | 36.1 | 9.6% |
Netherlands | 25.2 | 21.6 | 25.4 | 29.1 | 4.9% |
Belgium | 11.8 | 14.5 | 18.1 | 24.6 | 27.7% |
Germany | 18.3 | 18.1 | 17.6 | 16.7 | -3.0% |
Austria | 7.7 | 8.5 | 10.6 | 9.1 | 5.7% |
Serbia | 7.9 | 8.5 | 9.2 | 7.1 | -3.5% |
Slovakia | 0.5 | 1.7 | 7.1 | 4.8 | 112.5% |
Moldova | N/A | N/A | 0.1 | 2.3 | 2200.0% |
Czech Republic | 3.4 | 3.6 | 3.6 | 1.9 | -17.6% |
Others | 14.6 | 18.7 | 16.2 | 21.4 | 13.6% |
Total | 117 | 120 | 141 | 153 | 9.4% |
Top Suppliers of Frozen Fruits and Vegetables to Hungary in 2022:
- Poland (34.7K tons)
- Belgium (28.2K tons)
- Netherlands (22.4K tons)
- Germany (11.8K tons)
- Austria (8.7K tons)
- Serbia (5.5K tons)
- Slovakia (2.5K tons)
- Moldova (2.4K tons)
- Czech Republic (2.1K tons)
Exports of Frozen Fruits and Vegetables in Hungary
In 2022, the amount of frozen fruits and vegetables exported from Hungary contracted to 88K tons, with a decrease of -6.9% against the previous year. Over the period under review, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 1.4%.
In value terms, frozen fruits and vegetables exports reduced to $112M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. As a result, the exports reached the peak of $127M, and then shrank in the following year.
Export of Frozen Fruits and Vegetables in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 21.7 | 22.4 | 25.1 | 23.1 | 2.1% |
Sweden | 16.0 | 13.9 | 11.8 | 11.0 | -11.7% |
Belgium | 9.0 | 9.9 | 12.9 | 10.8 | 6.3% |
Romania | 6.8 | 7.3 | 11.7 | 10.5 | 15.6% |
Germany | 12.3 | 14.1 | 15.0 | 9.9 | -7.0% |
Austria | 7.8 | 8.9 | 11.0 | 6.5 | -5.9% |
Japan | 2.2 | 4.3 | 5.5 | 5.8 | 38.1% |
Switzerland | 4.4 | 4.8 | 4.8 | 4.0 | -3.1% |
Netherlands | 2.7 | 1.9 | 3.0 | 3.8 | 12.1% |
Slovakia | 3.6 | 4.8 | 3.4 | 3.8 | 1.8% |
Israel | 1.1 | 2.3 | 2.3 | 3.2 | 42.8% |
Finland | 0.7 | 1.7 | 2.5 | 2.2 | 46.5% |
Italy | 3.1 | 2.2 | 2.0 | 2.0 | -13.6% |
Others | 15.2 | 17.1 | 16.2 | 15.4 | 0.4% |
Total | 107 | 116 | 127 | 112 | 1.5% |
Top Export Markets for Frozen Fruits and Vegetables from Hungary in 2022:
- United Kingdom (20.7K tons)
- Belgium (10.3K tons)
- Romania (9.7K tons)
- Germany (8.1K tons)
- Sweden (5.0K tons)
- Japan (4.0K tons)
- Austria (3.8K tons)
- Israel (3.4K tons)
- Slovakia (3.0K tons)
- Italy (1.9K tons)
- Netherlands (1.8K tons)
- Finland (1.8K tons)
- Switzerland (1.5K tons)
This report provides an in-depth analysis of the market for frozen fruits and vegetables 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 447 - Sweet Corn, Frozen
- FCL 473 - Vegetables, Frozen
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
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