Clementines Price in Hungary - 2023
Contents:
- Clementines Price in Hungary (CIF) - 2022
- Clementines Price in Hungary (FOB) - 2022
- Clementines Imports in Hungary
- Clementines Exports in Hungary
Clementines Price in Hungary (CIF) - 2022
The average clementines import price stood at $1,171 per ton in 2022, increasing by 8.7% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +7.9%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs 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 Germany ($2,439 per ton), while the price for Greece ($702 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Hungary (FOB) - 2022
The average clementines export price stood at $1,565 per ton in 2022, rising by 41% against the previous year. In general, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,581 per ton), while the average price for exports to Greece ($667 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.
Clementines Imports in Hungary
After three years of growth, purchases abroad of fruit, edible decreased by -15.6% to 12K tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year.
In value terms, clementines imports declined to $14M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 44% against the previous year.
| Import of Clementines in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.9 | 4.0 | 5.6 | 5.0 | 19.9% |
| Italy | 2.3 | 2.7 | 3.9 | 2.9 | 8.0% |
| Germany | N/A | N/A | N/A | 2.8 | 0% |
| Bulgaria | N/A | 1.3 | 1.6 | 1.9 | 20.9% |
| Greece | 1.1 | 1.4 | 1.8 | 0.7 | -14.0% |
| Slovakia | 0.6 | 0.5 | 0.6 | 0.4 | -12.6% |
| Albania | N/A | N/A | N/A | 0.2 | 0% |
| Austria | 0.3 | 0.4 | 0.5 | 0.1 | -30.7% |
| Others | 0.1 | 0.3 | 1.1 | 0.1 | 0.0% |
| Total | 7.3 | 10.6 | 15.1 | 13.8 | 23.6% |
Top Suppliers of Clementines to Hungary in 2022:
- Spain (4.2K tons)
- Italy (3.6K tons)
- Bulgaria (1.2K tons)
- Germany (1.1K tons)
- Greece (0.9K tons)
- Slovakia (0.4K tons)
- Albania (0.2K tons)
- Austria (0.1K tons)
Clementines Exports in Hungary
In 2022, clementines exports from Hungary shrank remarkably to 1.2K tons, with a decrease of -53.2% compared with 2021. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 532%.
In value terms, clementines exports declined markedly to $1.8M in 2022. In general, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 696% against the previous year. As a result, the exports attained the peak of $2.7M, and then fell significantly in the following year.
| Export of Clementines in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 69.6 | 1,780 | 2457.5% |
| Italy | 1,916 | 40.8 | 1,375 | 21.6 | -77.6% |
| Romania | 359 | 50.6 | 1,267 | 1.7 | -83.2% |
| Spain | 279 | N/A | N/A | 1.6 | -82.1% |
| Croatia | N/A | 250 | N/A | N/A | 0% |
| Netherlands | 124 | 0.3 | 18.5 | N/A | -61.4% |
| Others | 10.4 | 2.6 | 9.8 | 3.0 | -33.9% |
| Total | 2,688 | 344 | 2,740 | 1,808 | -12.4% |
Top Export Markets for Clementines from Hungary in 2022:
- Germany (1125.9 tons)
- Italy (22.9 tons)
- Romania (1.7 tons)
- Spain (1.4 tons)
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