Hungary: Dried Prune Market 2025

Dried Prune Market Size in Hungary

In 2022, the Hungarian dried prune market decreased by -3.3% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Dried prune consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Dried Prune Production in Hungary

In value terms, dried prune production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 28%. Over the period under review, production attained the maximum level at $X in 2021, and then shrank modestly in the following year.

Dried Prune Exports

Exports from Hungary

In 2022, shipments abroad of dried prunes decreased by -32% to X tons, falling for the second year in a row after two years of growth. In general, exports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 38%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, dried prune exports rose significantly to $X in 2022. Over the period under review, exports, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2014 when exports increased by 43%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Slovenia (X tons) and Croatia (X tons) were the main destinations of dried prune exports from Hungary, with a combined 89% share 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 Slovakia (with a CAGR of +47.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dried prune exported from Hungary were Slovakia ($X), Slovenia ($X) and Croatia ($X), with a combined 90% share of total exports.

Slovakia, with a CAGR of +56.1%, recorded 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

The average dried prune export price stood at $X per ton in 2022, growing by 66% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune export price increased by +93.9% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Poland ($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 Croatia (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into Hungary

In 2022, dried prune imports into Hungary shrank slightly to X tons, leveling off at the year before. Over the period under review, imports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 27%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, dried prune imports surged to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 43%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of dried prune to Hungary, with a 37% share of total imports. Moreover, dried prune imports from Chile exceeded the figures recorded by the second-largest supplier, Serbia (X tons), twofold. Slovakia (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile totaled -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+1.0% per year) and Slovakia (+76.0% per year).

In value terms, Chile ($X) constituted the largest supplier of dried prunes to Hungary, comprising 36% of total imports. The second position in the ranking was held by Serbia ($X), with a 17% share of total imports. It was followed by Poland, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Chile stood at +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+5.5% per year) and Poland (+23.2% per year).

Import Prices by Country

The average dried prune import price stood at $X per ton in 2022, growing by 27% against the previous year. In general, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 Germany ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :