Hungary: Apricot Market 2025

Apricot Market Size in Hungary

The Hungarian apricot market dropped notably to $X in 2022, shrinking by -17.5% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.0% against 2020 indices. Apricot consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in Hungary

In value terms, apricot production reduced to $X in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +13.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 92% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of apricots in Hungary shrank to X tons per ha in 2022, with a decrease of -4% on the previous year's figure. In general, the yield saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the yield increased by 94% against the previous year. The apricot yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Hungary reduced slightly to X ha in 2022, standing approx. at 2021. The harvested area increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the harvested area increased by 19%. Over the period under review, the harvested area dedicated to apricot production attained the peak figure at X ha in 2021, and then reduced slightly in the following year.

Apricot Exports

Exports from Hungary

In 2022, the amount of apricots exported from Hungary soared to X tons, with an increase of 50% against the previous year's figure. In general, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 when exports increased by 130%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, apricot exports rose rapidly to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of 92%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Austria (X tons), the Czech Republic (X tons) and Slovakia (X tons) were the main destinations of apricot exports from Hungary, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +32.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X), Austria ($X) and Slovakia ($X) were the largest markets for apricot exported from Hungary worldwide, together comprising 86% of total exports.

The Czech Republic, with a CAGR of +34.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average apricot export price stood at $X per ton in 2022, waning by -29.3% against the previous year. Over the period under review, the export price saw a slight decrease. The pace of growth was the most pronounced in 2020 an increase of 48%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then contracted sharply in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($X per ton) and Italy ($X per ton), while the average price for exports to Austria ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into Hungary

After three years of growth, supplies from abroad of apricots decreased by -31.8% to X tons in 2022. Overall, imports, however, posted strong growth. The growth pace was the most rapid in 2014 with an increase of 108%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, apricot imports dropped significantly to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 79% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined remarkably in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and Portugal (X tons) were the main suppliers of apricot imports to Hungary, with a combined 89% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +112.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest apricot suppliers to Hungary were Spain ($X), Italy ($X) and Portugal ($X), together comprising 87% of total imports.

Among the main suppliers, Spain, with a CAGR of +57.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average apricot import price stood at $X per ton in 2022, with a decrease of -28.3% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 45%. The import price peaked at $X per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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