Report Update Jul 1, 2024

Hungary - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Kola Nut Market 2024

Kola Nut Market Size in Hungary

For the fifth consecutive year, the Hungarian kola nut market recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption continues to indicate a significant increase. Kola nut consumption peaked in 2023 and is likely to see steady growth in the immediate term.

Kola Nut Production in Hungary

In value terms, kola nut production amounted to $X in 2023 estimated in export price. In general, production saw a buoyant increase. The pace of growth appeared the most rapid in 2022 when the production volume increased by X% against the previous year. Kola nut production peaked in 2023 and is expected to retain growth in years to come.

In 2023, the average yield of kola nuts in Hungary was estimated at less than X kg per ha, standing approx. at the year before. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of kola nuts production in Hungary stood at less than X ha, stabilizing at 2022 figures. In general, the harvested area recorded a relatively flat trend pattern.

Kola Nut Exports

Exports from Hungary

After two years of growth, shipments abroad of kola nuts decreased by X% to X kg in 2023. Over the period under review, exports showed a precipitous descent. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X kg in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, kola nut exports shrank remarkably to $X in 2023. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for kola nut exports from Hungary, accounting for a approx. X% share of total exports.

From 2016 to 2023, the average annual growth rate of volume to the Netherlands totaled X%.

In value terms, the Netherlands ($X) also remains the key foreign market for kola nuts exports from Hungary.

From 2016 to 2023, the average annual rate of growth in terms of value to the Netherlands amounted to X%.

Export Prices by Country

In 2023, the average kola nut export price amounted to $X per ton, flattening at the previous year. In general, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked in 2023 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2016 to 2023, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Kola Nut Imports

Imports into Hungary

Kola nut imports into Hungary stood at X kg in 2023, flattening at 2022. In general, imports showed a buoyant expansion. The smallest decline of X% was in 2018. Imports peaked in 2023 and are likely to continue growth in years to come.

In value terms, kola nut imports totaled $X in 2023. Over the period under review, imports saw a strong increase. The smallest decline of X% was in 2018. Imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, the Netherlands (X kg) was the main supplier of kola nut to Hungary, with a approx. X% share of total imports.

From 2017 to 2023, the average annual rate of growth in terms of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of kola nuts to Hungary.

From 2017 to 2023, the average annual rate of growth in terms of value from the Netherlands was relatively modest.

Import Prices by Country

The average kola nut import price stood at $X per ton in 2023, remaining stable against the previous year. In general, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average import price decreased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2017 to 2023, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the kola nut 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 224 - Kolanuts

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