Mandarins Price in Hungary - 2023
Contents:
- Mandarins Price in Hungary (CIF) - 2022
- Mandarins Price in Hungary (FOB) - 2022
- Mandarins Imports in Hungary
- Mandarins Exports in Hungary
Mandarins Price in Hungary (CIF) - 2022
In 2022, the average mandarins import price amounted to $999 per ton, picking up by 1.6% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2018 an increase of 12%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2017 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +16.4% per year.
Mandarins Price in Hungary (FOB) - 2022
In 2022, the average mandarins export price amounted to $818 per ton, shrinking by -15% against the previous year. Overall, export price indicated buoyant growth from 2017 to 2022: its price increased at an average annual rate of +9.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarins export price decreased by -33.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 117% against the previous year. The export price peaked at $1,238 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2017 to 2022, the rate of growth in terms of prices for Romania amounted to +28.8% per year.
Mandarins Imports in Hungary
In 2022, purchases abroad of fruit, edible decreased by -14.7% to 6.1K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 3.5%. As a result, imports reached the peak of 8.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, mandarins imports contracted to $6.1M in 2022. Overall, imports showed a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 9.9%. As a result, imports attained the peak of $7.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Mandarins in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.6 | 2.4 | 1.1 | 6.1 | 56.2% |
| Bulgaria | 2.7 | 1.0 | 2.2 | N/A | -9.7% |
| Spain | 1.2 | 1.2 | 1.1 | N/A | -4.3% |
| Greece | 0.6 | 0.6 | 1.0 | N/A | 29.1% |
| Slovakia | 0.3 | 0.3 | 0.4 | N/A | 15.5% |
| Others | 0.1 | 1.7 | 1.3 | N/A | 260.6% |
| Total | 6.5 | 7.1 | 7.1 | 6.1 | -2.1% |
Top Suppliers of Mandarins to Hungary in 2022:
- Turkey (6.1K tons)
Mandarins Exports in Hungary
Mandarins exports from Hungary skyrocketed to 5.4K tons in 2022, picking up by 58% on the previous year. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 304%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, mandarins exports surged to $4.4M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 193% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Mandarins in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 0.3 | N/A | 4.4 | 283.0% |
| Portugal | N/A | N/A | 1.3 | N/A | 0% |
| Italy | N/A | 0.2 | N/A | N/A | 0% |
| Netherlands | 0.8 | N/A | N/A | N/A | 0% |
| Romania | 0.4 | 3.0 | 1.8 | N/A | 112.1% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.2 | 3.5 | 3.3 | 4.4 | 54.2% |
Top Export Markets for Mandarins from Hungary in 2022:
- Turkey (5.4K tons)
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