Hungary - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHungary's Exports of Preserved Peas Halved over the Last Decade, Mainly Due to Low Supplies to Russia
IndexBox has just published a new report: 'Hungary - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
Hungary, the world's largest importer of canned peas, suffers from a continued decline in its production and exports. Over the past decade, its exports fell sharply from $ X million in 2008 to $ X million in 2018, mainly due to low shipments to Russia.
Production in Hungary
Preserved peas production in Hungary amounted to X tons in 2018, declining by -X% against the previous year. Overall, preserved peas production continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Preserved peas production peaked at X tons in 2008; however, from 2009 to 2018, production failed to regain its momentum.
In value terms, preserved peas production amounted to $X in 2018 estimated in export prices. In general, preserved peas production continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, preserved peas production reached its peak figure level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.
Exports from Hungary
Preserved peas exports from Hungary stood at X tons in 2018, dropping by -X% against the previous year. In general, preserved peas exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, preserved peas exports reached their maximum at X tons in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.
In value terms, preserved peas exports amounted to $X (IndexBox estimates) in 2018. Over the period under review, preserved peas exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.
Exports by Country
Russia (X tons) was the main destination for preserved peas exports from Hungary, accounting for a X% share of total exports. Moreover, preserved peas exports to Russia exceeded the volume sent to the second major destination, Germany (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a X% share.
From 2008 to 2018, the average annual growth rate of volume to Russia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).
In value terms, the largest markets for preserved peas exported from Hungary were Russia ($X), Germany ($X) and Italy ($X), with a combined X% share of total exports. These countries were followed by Romania, Lithuania, Belgium, the UK, the Czech Republic, Latvia, France, Poland and Armenia, which together accounted for a further X%.
Among the main countries of destination, Belgium recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.
Export Prices by Country
The average preserved peas export price stood at $X per ton in 2018, surging by X% against the previous year. In general, the preserved peas export price, however, continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. In that year, the average export prices for preserved peas reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the average export prices for preserved peas remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the average price for exports to Armenia ($X per ton) was amongst the lowest.
From 2008 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.
This report provides an in-depth analysis of the preserved peas 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:
- Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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
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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
