Hungary: Cow Peas Market 2025

Cow Peas Market Size in Hungary

The Hungarian cow peas market dropped markedly to $X in 2021, reducing by -91.7% against the previous year. Over the period under review, consumption continues to indicate a dramatic descent. Cow peas consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Cow Peas Production in Hungary

In value terms, cow peas production soared to $X in 2021 estimated in export price. Over the period under review, production showed a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 192%. Cow peas production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

The average yield of cow peas (dry) in Hungary was estimated at X tons per ha in 2021, leveling off at the previous year's figure. Over the period under review, the yield, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 when the yield increased by 99% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2021, the growth of the average cow peas yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of cow peas (dry) production in Hungary was estimated at X ha, leveling off at 2020. Overall, the harvested area recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 100% against the previous year. The cow peas harvested area peaked at X ha in 2018; however, from 2019 to 2021, the harvested area stood at a somewhat lower figure.

Cow Peas Exports

Exports from Hungary

In 2021, approx. X tons of cow peas (dry) were exported from Hungary; growing by 234% compared with 2020 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,777% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, cow peas exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 1,769% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Serbia (X tons) was the main destination for cow peas exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia amounted to +50.8%.

In value terms, Serbia ($X) also remains the key foreign market for cow peas exports from Hungary.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia totaled +50.6%.

Export Prices by Country

The average cow peas export price stood at $X per ton in 2021, growing by 50% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Serbia amounted to -0.1% per year.

Cow Peas Imports

Imports into Hungary

Cow peas imports into Hungary soared to X tons in 2021, jumping by 171% against 2020. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,400%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, cow peas imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,718% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Serbia (X tons) was the main cow peas supplier to Hungary, with a 90% share of total imports. Moreover, cow peas imports from Serbia exceeded the figures recorded by the second-largest supplier, Italy (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Serbia was relatively modest.

In value terms, Serbia ($X) constituted the largest supplier of cow peas to Hungary, comprising 84% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Serbia was relatively modest.

Import Prices by Country

In 2021, the average cow peas import price amounted to $X per ton, declining by -22.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Serbia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :