Report Update Feb 1, 2025

Hungary - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Brazil Nut Market 2025

Brazil Nut Market Size in Hungary

In 2021, after three years of growth, there was significant decline in the Hungarian brazil nut market, when its value decreased by -11.8% to $X. Overall, consumption showed a temperate expansion. Brazil nut consumption peaked at $X in 2020, and then dropped in the following year.

Brazil Nut Production in Hungary

In value terms, brazil nut production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a temperate expansion. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, production attained the peak level of $X, and then reduced in the following year.

Brazil Nut Exports

Exports from Hungary

In 2020, shipments abroad of brazil nuts decreased by -99.9% to X kg, falling for the third year in a row after six years of growth. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 12,088% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

In value terms, brazil nut exports contracted sharply to $X in 2020. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 11,668%. The exports peaked at $X in 2019, and then fell notably in the following year.

Exports by Country

Slovakia (X kg) was the main destination for brazil nut exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Slovakia was relatively modest.

In value terms, Slovakia ($X) emerged as the key foreign market for brazil nut exports from Hungary.

From 2012 to 2020, the average annual growth rate of value to Slovakia was relatively modest.

Export Prices by Country

The average brazil nut export price stood at $X per ton in 2020, surging by 77% against the previous year. In general, the export price posted a pronounced expansion. The pace of growth appeared the most rapid in 2018 an increase of 138% against the previous year. The export price peaked in 2020 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2012 to 2020, the rate of growth in terms of prices for Greece amounted to +93.0% per year.

Brazil Nut Imports

Imports into Hungary

In 2019, approx. X kg of brazil nuts were imported into Hungary; declining by -13.3% compared with 2018 figures. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2017 when imports increased by 95% against the previous year. Imports peaked at X kg in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, brazil nut imports soared to $X in 2019. In general, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 90%. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Italy (X kg) was the main brazil nut supplier to Hungary, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Italy totaled -43.4%.

In value terms, Italy ($X) constituted the largest supplier of brazil nut to Hungary.

From 2012 to 2019, the average annual growth rate of value from Italy amounted to -44.1%.

Import Prices by Country

In 2019, the average brazil nut import price amounted to $X per ton, growing by 94% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2019, the rate of growth in terms of prices for Italy amounted to -0.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brazil nuts in the world?

The countries with the highest volumes of brazil nut consumption in 2021 were Bolivia, Brazil and Indonesia, with a combined 71% share of global consumption. These countries were followed by Peru, Spain, Afghanistan and Benin, which together accounted for a further 19%.

What are the largest producers of brazil nuts in the world?

The countries with the highest volumes of brazil nut production in 2021 were Brazil, Bolivia and Indonesia, with a combined 76% share of global production. Peru, Afghanistan, Spain and Benin lagged somewhat behind, together accounting for a further 18%.

What are the leading suppliers of brazil nuts to Hungary?

In value terms, Italy $125) constituted the largest supplier of brazil nut to Hungary.

What is the average export price for brazil nuts in Hungary?

In 2020, the average brazil nut export price amounted to $10,800 per ton, growing by 75% against the previous year.

What is the average import price for brazil nuts in Hungary?

The average brazil nut import price stood at $4,032 per ton in 2019, with a decrease of -19.4% against the previous year.

This report provides an in-depth analysis of the brazil nut 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 216 - Brazil nuts

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024