Hungary"s food market, particularly canned foods, is witnessing notable dynamics in 2024. A significant focus is on canned tomatoes, a popular commodity in the sector. The import volume of canned tomatoes in Hungary is remarkably high, with a substantial import transaction recorded at 10,991,890. 5 kg valued at $6,451,070, indicating strong demand. Another major import was 11,009,860. 5 kg, priced at $6,529,716, reflecting a stable yet slightly increasing price trend compared to smaller imports. On the export side, Hungary shows a diverse but smaller scale compared to imports, with notable exports of 380,687. 44 kg valued at $608,365.
Other significant shipments include 218,154 kg at $320,732 and several 162,533. 44 kg transactions valued at $287,633. These figures suggest that while Hungary imports larger volumes, it maintains a steady export activity in canned foods, likely to satisfy both domestic consumption and regional trade demands. The data illustrates that Hungary"s canned food prices vary, influenced by factors such as global supply chains and domestic market requirements. Import prices per kilogram range from approximately $0. 60 to $0. 70, while export prices depict a slightly higher range, possibly reflecting value addition or quality differences in the exported goods. For businesses looking to engage with Hungary"s food market, understanding these trends is crucial.
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