Hungary: Decaffeinated Coffee Market 2024

Decaffeinated Coffee Market Size in Hungary

The Hungarian decaffeinated coffee market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a buoyant increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Decaffeinated Coffee Production in Hungary

In value terms, decaffeinated coffee production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight descent. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Decaffeinated Coffee Exports

Exports from Hungary

In 2022, decaffeinated coffee exports from Hungary skyrocketed to X tons, with an increase of X% against 2021. Over the period under review, exports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, decaffeinated coffee exports skyrocketed to $X in 2022. Overall, exports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Slovakia (X tons) and Ukraine (X tons) were the main destinations of decaffeinated coffee exports from Hungary, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for decaffeinated coffee exported from Hungary were Germany ($X), Ukraine ($X) and Slovakia ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 decaffeinated coffee export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Lithuania ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Decaffeinated Coffee Imports

Imports into Hungary

Decaffeinated coffee imports into Hungary contracted dramatically to X tons in 2022, shrinking by X% on the previous year. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, decaffeinated coffee imports fell significantly to $X in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest decaffeinated coffee supplier to Hungary, with a X% share of total imports. Moreover, decaffeinated coffee imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X), France ($X) and Austria ($X) appeared to be the largest decaffeinated coffee suppliers to Hungary, together comprising X% of total imports.

France, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 decaffeinated coffee import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :