Hungary: Market for Seeds, Fruit and Spores Used for Sowing 2025

Market Size for Seeds, Fruit and Spores Used for Sowing in Hungary

In 2022, the Hungarian market for seeds, fruit and spores used for sowing decreased by -43.3% to $X, falling for the second consecutive year after two years of growth. Overall, consumption showed a drastic downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Seeds, Fruit and Spores Used for Sowing in Hungary

In value terms, production of seeds, fruit and spores used for sowing expanded sharply to $X in 2022 estimated in export price. Overall, production recorded a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 23%. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of seeds, fruit and spores used for sowing in Hungary amounted to less than X kg per ha in 2022, remaining relatively unchanged against 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of seeds, fruit and spores used for sowing production in Hungary amounted to less than X ha, remaining relatively unchanged against 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports from Hungary

In 2022, overseas shipments of seeds, fruit and spores used for sowing increased by 83% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by 214%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seeds, fruit and spores used for sowing skyrocketed to $X in 2022. Overall, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for exports of seeds, fruit and spores used for sowing from Hungary, accounting for a 62% share of total exports. Moreover, exports of seeds, fruit and spores used for sowing to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was taken by Denmark (X tons), with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +32.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.1% per year) and Denmark (+113.8% per year).

In value terms, the largest markets for seed, fruit and spore used for sowing exported from Hungary were the Netherlands ($X), Denmark ($X) and Germany ($X), with a combined 74% share of total exports.

Denmark, with a CAGR of +120.5%, recorded the highest growth rate of the value of exports, among 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 export price for seeds, fruit and spores used for sowing amounted to $X per ton, declining by -7.7% against the previous year. In general, the export price continues to indicate a slight decrease. The growth pace was the most rapid in 2020 an increase of 44% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports into Hungary

In 2022, approx. X tons of seeds, fruit and spores used for sowing were imported into Hungary; increasing by 27% against 2021. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 163% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seeds, fruit and spores used for sowing soared to $X in 2022. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 132% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of imports of seeds, fruit and spores used for sowing to Hungary, with a combined 72% share of total imports. Slovakia, Romania, South Korea, Poland and Austria lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +156.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest seed, fruit and spore used for sowing suppliers to Hungary were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 74% share of total imports. Poland, Romania, Slovakia, South Korea and Austria lagged somewhat behind, together accounting for a further 11%.

Among the main suppliers, Slovakia, with a CAGR of +189.1%, recorded the highest growth rate of 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

The average import price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, with an increase of 5.9% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds, fruit and spores used for sowing increased by +74.2% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 70%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Poland ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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