Price for Vegetable Products Not Elsewhere Specified or Included in Hungary - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Hungary (CIF) - 2024
- Price for Vegetable Products Not Elsewhere Specified or Included in Hungary (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Hungary
- Exports of Vegetable Products Not Elsewhere Specified or Included in Hungary
Price for Vegetable Products Not Elsewhere Specified or Included in Hungary (CIF) - 2024
In August 2023, the average import price for vegetable products not elsewhere specified or includeds amounted to $757 per ton, falling by -15.7% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 34% month-to-month. Over the period under review, average import prices attained the maximum at $1,052 per ton in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was India ($733 per ton), while the price for Sri Lanka stood at $720 per ton.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Products Not Elsewhere Specified or Included in Hungary (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $558 per ton, jumping by 194% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 369% against the previous year. Over the period under review, the average export prices attained the peak figure at $590 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,232 per ton), while the average price for exports to Slovenia ($159 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 Slovenia (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetable Products Not Elsewhere Specified or Included in Hungary
In 2022, approx. 2.3K tons of vegetable products not elsewhere specified or includeds were imported into Hungary; which is down by -17.9% against the previous year. Overall, imports saw a drastic downturn. The smallest decline of -0.2% was in 2020.
In value terms, imports of vegetable products not elsewhere specified or includeds declined markedly to $2.1M in 2022. In general, imports saw a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $2.8M, and then declined significantly in the following year.
Import of Vegetable Products Not Elsewhere Specified or Included in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 463 | 840 | 1,621 | 1,282 | 40.4% |
India | 876 | 874 | 656 | 370 | -25.0% |
Italy | N/A | N/A | N/A | 107 | 0% |
Serbia | 120 | 65.1 | 191 | 97.7 | -6.6% |
Slovakia | 106 | 52.7 | 30.7 | 56.7 | -18.8% |
Poland | 55.6 | 61.5 | 42.3 | 38.0 | -11.9% |
Romania | 98.0 | 50.3 | 164 | 2.2 | -71.8% |
Sierra Leone | 397 | N/A | N/A | N/A | 0% |
Others | 182 | 50.4 | 120 | 189 | 1.3% |
Total | 2,298 | 1,993 | 2,825 | 2,143 | -2.3% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Hungary in 2022:
- Sri Lanka (1424.3 tons)
- India (442.0 tons)
- Slovakia (160.2 tons)
- Serbia (80.8 tons)
- Poland (63.7 tons)
- Italy (60.4 tons)
- Romania (2.4 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Hungary
Exports of vegetable products not elsewhere specified or includeds from Hungary fell rapidly to 2.4K tons in 2022, which is down by -60.9% against 2021 figures. Over the period under review, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 84%.
In value terms, exports of vegetable products not elsewhere specified or includeds reduced sharply to $724K in 2022. In general, exports saw a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year.
Export of Vegetable Products Not Elsewhere Specified or Included in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 1.7 | 0.8 | 0.5 | 0.3 | -43.9% |
Slovakia | 0.8 | 0.3 | 0.2 | 0.2 | -37.0% |
Slovenia | 0.1 | 0.1 | 0.4 | 0.1 | 0.0% |
Croatia | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
Germany | 19.7 | N/A | N/A | N/A | 0% |
Others | 0.7 | N/A | 0.1 | N/A | -62.2% |
Total | 23.0 | 1.2 | 1.5 | 0.7 | -68.8% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Hungary in 2022:
- Slovakia (1361.3 tons)
- Slovenia (424.7 tons)
- Austria (392.5 tons)
- Croatia (170.0 tons)
- Germany (7.7 tons)
This report provides an in-depth analysis of the cotton linters market in Hungary.
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This report provides an in-depth analysis of the cotton linters market in Hungary.
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