Hungary: Leek Market 2024

Leek Market Size in Hungary

The Hungarian leek market declined modestly to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +10.2% against 2020 indices. Leek consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Leek Production in Hungary

In value terms, leek production contracted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 118%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of leeks and other alliaceous vegetables in Hungary expanded rapidly to X tons per ha in 2022, with an increase of 5.6% on the previous year. In general, the yield, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 when the yield increased by 32%. The leek yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the 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.

The leek harvested area in Hungary fell to X ha in 2022, waning by -12.5% on the previous year's figure. Overall, the harvested area saw a slight shrinkage. The pace of growth was the most pronounced in 2021 when the harvested area increased by 33%. The leek harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Leek Exports

Exports from Hungary

Leek exports from Hungary expanded modestly to X tons in 2022, growing by 4.8% against the previous year's figure. In general, exports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2018 when exports increased by 797% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, leek exports fell to $X in 2022. Overall, exports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 924% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for leek exports from Hungary, accounting for a 82% share of total exports. Moreover, leek exports to Romania exceeded the volume sent to the second major destination, Austria (X tons), eightfold. The third position in this ranking was held by Slovakia (X tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+6.3% per year) and Slovakia (+6.0% per year).

In value terms, Romania ($X) remains the key foreign market for leeks and other alliaceous vegetables exports from Hungary, comprising 82% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 10% share of total exports. It was followed by Austria, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+18.1% per year) and Austria (+9.0% per year).

Export Prices by Country

The average leek export price stood at $X per ton in 2022, declining by -16.9% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leek export price decreased by -22.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 55%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Austria ($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 Poland (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.

Leek Imports

Imports into Hungary

In 2022, supplies from abroad of leeks and other alliaceous vegetables was finally on the rise to reach X tons after three years of decline. Overall, imports enjoyed perceptible growth. The growth pace was the most rapid in 2017 when imports increased by 154%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, leek imports surged to $X in 2022. Over the period under review, imports saw strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by 124%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Austria (X tons) and the Netherlands (X tons) were the main suppliers of leek imports to Hungary, together comprising 71% of total imports. Spain, Italy and Poland lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +40.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and the Netherlands ($X) were the largest leek suppliers to Hungary, together accounting for 60% of total imports. Spain, Italy and Poland lagged somewhat behind, together accounting for a further 35%.

In terms of the main suppliers, Italy, with a CAGR of +30.6%, recorded 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 leek import price amounted to $X per ton, dropping by -18.2% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($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 (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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