Hungary: Citrus Fruit Market 2024

Citrus Fruit Market Size in Hungary

In 2022, the Hungarian citrus fruit market decreased by X% to $X, falling for the second year in a row after three years of growth. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Citrus Fruit Production in Hungary

In value terms, citrus fruit production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Citrus fruit production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average yield of citrus fruits in Hungary amounted to less than X kg per ha, flattening at 2021. Over the period under review, the yield continues to indicate 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.

The citrus fruit harvested area in Hungary totaled less than X ha in 2022, therefore, remained relatively stable against the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

Citrus Fruit Exports

Exports from Hungary

In 2022, overseas shipments of citrus fruits decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, citrus fruit exports fell to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for citrus fruit exports from Hungary, accounting for a X% share of total exports. Moreover, citrus fruit exports to Germany exceeded the volume sent to the second major destination, Romania (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and the Czech Republic (X% per year).

In value terms, the largest markets for citrus fruit exported from Hungary were Germany ($X), Romania ($X) and Croatia ($X), together comprising X% of total exports.

Among the main countries of destination, Croatia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average citrus fruit export price amounted to $X per ton, rising by X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

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

Citrus Fruit Imports

Imports into Hungary

In 2022, supplies from abroad of citrus fruits decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, citrus fruit imports shrank to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and Greece (X tons) were the main suppliers of citrus fruit imports to Hungary, together accounting for X% of total imports. Turkey, Italy, Bulgaria, Austria, Slovakia, the Netherlands, the Czech Republic and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and Turkey ($X) appeared to be the largest citrus fruit suppliers to Hungary, together accounting for X% of total imports. Greece, Austria, Bulgaria, Italy, the Netherlands, the Czech Republic, Slovakia and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Bulgaria, with a CAGR of X%, saw 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

In 2022, the average citrus fruit import price amounted to $X per ton, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then shrank in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :