Hungary: Pulses Market 2024

Pulses Market Size in Hungary

The Hungarian pulses market soared to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Pulses Production in Hungary

In value terms, pulses production shrank to $X in 2022 estimated in export price. Overall, production saw a deep contraction. The growth pace was the most rapid in 2021 when the production volume increased by X%. Pulses production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of pulses in Hungary shrank to X tons per ha in 2022, declining by X% compared with the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the yield increased by X%. The pulses yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pulses harvested area in Hungary fell to X ha in 2022, waning by X% compared with 2021. In general, the harvested area saw a noticeable slump. The pace of growth was the most pronounced in 2015 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the pulses harvested area remained at a lower figure.

Pulses Exports

Exports from Hungary

In 2022, exports of pulses from Hungary declined slightly to X tons, stabilizing at the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, pulses exports reduced to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of pulses exports from Hungary, together comprising X% 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 the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and France ($X) were the largest markets for pulses exported from Hungary worldwide, together comprising X% of total exports. Poland, the Netherlands, Romania, Russia, Germany, Serbia, the UK, Slovakia, Turkey and Kosovo lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Kosovo, 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 pulses export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Pulses Imports

Imports into Hungary

Pulses imports into Hungary rose markedly to X tons in 2022, increasing by X% on the year before. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, pulses imports soared to $X in 2022. Over the period under review, imports showed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), France (X tons) and Slovakia (X tons) were the main suppliers of pulses imports to Hungary, with a combined X% share of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of pulses to Hungary, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Canada, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average pulses import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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