Hungary: Roasted Coffee Market 2024

Roasted Coffee Market Size in Hungary

The Hungarian roasted coffee market skyrocketed to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption posted a significant increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Roasted Coffee Production in Hungary

In value terms, roasted coffee production soared to $X in 2022 estimated in export price. In general, production, however, showed a perceptible slump. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Roasted Coffee Exports

Exports from Hungary

In 2022, overseas shipments of roasted coffee increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, roasted coffee exports surged to $X in 2022. In general, exports, however, saw a abrupt setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons), Slovakia (X tons) and Germany (X tons) were the main destinations of roasted coffee exports from Hungary, together accounting for X% of total exports. The Czech Republic, Poland, Serbia, Lithuania and Ukraine lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for roasted coffee exported from Hungary were Romania ($X), Slovakia ($X) and the Czech Republic ($X), with a combined X% share of total exports. Germany, Poland, Serbia, Ukraine and Lithuania lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Serbia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average roasted coffee export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Germany ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Coffee Imports

Imports into Hungary

In 2022, purchases abroad of roasted coffee increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, roasted coffee imports surged to $X in 2022. Overall, total imports indicated a resilient increase 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Slovakia (X tons) constituted the largest supplier of roasted coffee to Hungary, accounting for a X% share of total imports. Moreover, roasted coffee imports from Slovakia exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, the largest roasted coffee suppliers to Hungary were Slovakia ($X), Germany ($X) and Poland ($X), together accounting for X% of total imports. Italy, Austria, France, Bulgaria and the Netherlands lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average roasted coffee import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

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