Hungary: Frozen Fruit Market 2022

Frozen Fruit Market Size in Hungary

The Hungarian frozen fruit market skyrocketed to $X in 2021, with an increase of X% against the previous year. Overall, consumption recorded measured growth. Frozen fruit consumption peaked in 2021 and is expected to retain growth in years to come.

Frozen Fruit Production in Hungary

In value terms, frozen fruit production totaled $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Frozen fruit production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Frozen Fruit Exports

Exports from Hungary

Frozen fruit exports from Hungary reduced to X tons in 2021, with a decrease of -X% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, frozen fruit exports rose sharply to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Austria (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of frozen fruit exports from Hungary, with a combined X% share of total exports. These countries were followed by Switzerland, Romania, the Netherlands and Belgium, which together accounted for a further X 2012 to 2021, the biggest increases were in Romania (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fruit exported from Hungary were Austria ($X), Sweden ($X) and Germany ($X), together accounting for X% of total exports. These countries were followed by Switzerland, the Netherlands, Romania and Belgium, which together accounted for a further X the main countries of destination, Switzerland, with a CAGR of +X%, recorded 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

The average frozen fruit export price stood at $X per ton in 2021, rising by X% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen fruit export price increased by +X% against 2015 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 foreign markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fruit Imports

Imports into Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of frozen fruits, which increased by X% to X tons in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, frozen fruit imports soared to $X in 2021. Overall, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Serbia (X tons), Poland (X tons) and Slovakia (X tons) were the main suppliers of frozen fruit imports to Hungary, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Slovakia ($X) and Serbia ($X) appeared to be the largest frozen fruit suppliers to Hungary, together accounting for X% of total imports.

Slovakia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fruit import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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