Report Update Nov 1, 2024

Hungary - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Bambara Bean Market 2024

Bambara Bean Market Size in Hungary

After ten years of growth, the Hungarian bambara bean market decreased by -23.8% to $X in 2022. Over the period under review, consumption, however, continues to indicate a significant expansion. As a result, consumption reached the peak level of $X, and then reduced notably in the following year.

Bambara Bean Production in Hungary

In value terms, bambara bean production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a noticeable expansion. Bambara bean production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of bambara beans in Hungary totaled less than X kg per ha in 2022, approximately mirroring 2021 figures. In general, 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 2022, the harvested area of bambara beans in Hungary amounted to less than X ha, stabilizing at the previous year. In general, the harvested area showed a relatively flat trend pattern.

Bambara Bean Imports

Imports into Hungary

After two years of growth, purchases abroad of bambara beans decreased by -28.3% to X kg in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 171%. As a result, imports attained the peak of X kg, and then fell markedly in the following year.

In value terms, bambara bean imports reduced notably to $X in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 179%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2022, Slovakia (X kg) was the main bambara bean supplier to Hungary, with a 97% share of total imports. It was followed by Austria (X kg), with a 3% share of total imports.

From 2020 to 2022, the average annual growth rate of volume from Slovakia amounted to +37.2%.

In value terms, Slovakia ($X) constituted the largest supplier of bambara beans to Hungary, comprising 99% of total imports. The second position in the ranking was held by Austria ($X), with a 0.6% share of total imports.

From 2020 to 2022, the average annual growth rate of value from Slovakia stood at +37.2%.

Import Prices by Country

The average bambara bean import price stood at $X per ton in 2022, which is down by -5.3% against the previous year. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 3%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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 Slovakia ($X per ton), while the price for Austria amounted to $X per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+0.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bambara beans in the world?

The countries with the highest volumes of bambara bean consumption in 2020 were Burkina Faso, Niger and Cameroon, with a combined 61% share of global consumption. These countries were followed by Mali, Togo, Zimbabwe and Democratic Republic of the Congo, which together accounted for a further 31%.

What are the largest producers of bambara beans in the world?

The countries with the highest volumes of bambara bean production in 2020 were Burkina Faso, Niger and Cameroon, together comprising 61% of global production. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of bambara beans to Hungary?

In value terms, Slovakia $91) constituted the largest supplier of bambara bean to Hungary.

What are the leading importers of bambara beans from Hungary?

In value terms, the Netherlands $499) remains the key foreign market for bambara bean exports from Hungary.

What is the average export price for bambara beans in Hungary?

The average bambara bean export price stood at $1,094 per ton in 2019, which is down by -3.4% against the previous year.

What is the average import price for bambara beans in Hungary?

The average bambara bean import price stood at $1,247 per ton in 2020, falling by -3.2% against the previous year.

This report provides an in-depth analysis of the bambara bean 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 203 - Bambara beans

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