Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary (CIF) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary (CIF) - 2022

In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,331 per ton, remaining constant against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables, brassica; brussel sprouts, fresh or chilleds increased by +3.5% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 28%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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 Netherlands ($1,378 per ton), while the price for Poland ($528 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary (FOB) - 2022

In 2022, the average export price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $2,388 per ton, surging by 8.5% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables, brassica; brussel sprouts, fresh or chilleds increased by +38.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($2,409 per ton), while the average price for exports to Slovakia stood at $1,854 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+6.7%).

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary

In 2022, approx. 657 tons of vegetables, brassica; brussel sprouts, fresh or chilleds were imported into Hungary; growing by 14% on 2021. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $874K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands53152272279414.4%
Belgium43.462.426.866.315.2%
PolandN/AN/AN/A13.90%
Others2.86.315.3N/A133.8%
Total57859076487414.8%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Hungary in 2022:

  1. Netherlands (576.1 tons)
  2. Belgium (54.6 tons)
  3. Poland (26.3 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary

Exports of vegetables, brassica; brussel sprouts, fresh or chilleds from Hungary skyrocketed to 36 tons in 2022, jumping by 17% on 2021. The total export volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds soared to $85K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania39.853.764.682.427.5%
SlovakiaN/A0.42.32.4144.9%
Croatia3.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total43.254.166.984.825.2%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Hungary in 2022:

  1. Romania (34.2 tons)
  2. Slovakia (1.3 tons)

Source: IndexBox Market Intelligence Platform

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