Hungary: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Hungary

The Hungarian frozen boiled potatoes market surged to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed temperate growth. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in years to come.

Frozen Boiled Potatoes Exports

Exports from Hungary

In 2020, overseas shipments of frozen boiled potatoes decreased by -X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen boiled potatoes exports declined significantly to $X in 2020. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for frozen boiled potatoes exports from Hungary, with a X% share of total exports. Moreover, frozen boiled potatoes exports to Romania exceeded the volume sent to the second major destination, Slovakia (X tons), eightfold. Bulgaria (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Romania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-X% per year) and Bulgaria (-X% per year).

In value terms, Romania ($X) remains the key foreign market for frozen boiled potatoes exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Romania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Bulgaria (-X% per year).

Export Prices by Country

In 2020, the average frozen boiled potatoes export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Boiled Potatoes Imports

Imports into Hungary

In 2020, approx. X tons of frozen boiled potatoes were imported into Hungary; picking up by X% compared with 2019 figures. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2020 and are likely to continue growth in the immediate term.

In value terms, frozen boiled potatoes imports soared to $X in 2020. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

France (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of frozen boiled potatoes imports to Hungary, together accounting for X% of total imports. Austria, Croatia, Belgium and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Croatia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and France ($X) constituted the largest frozen boiled potatoes suppliers to Hungary, together accounting for X% of total imports. These countries were followed by Austria, the Netherlands, Belgium and Croatia, which together accounted for a further X the main suppliers, Croatia 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

The average frozen boiled potatoes import price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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