Hungary: Domestic chestnut processing - where the added value is realized with us

Published 2020년 10월 13일

Tridge summary

Five companies in Hungary handle the processing of chestnuts and the production of frozen chestnut puree, generating an annual revenue of HUF 3-4 billion. The industry's main product is chestnut puree, with a lighter color indicating higher quality. Both domestic and imported chestnuts are used in the process, with imports primarily from Portugal, Albania, and northern Macedonia. Despite a decrease in imports in recent years, there has been a dynamic increase in exports of chestnut puree in the last few years, with the main markets being Austria, Slovakia, and Romania. The industry's outlook is favorable due to a growing demand for chestnut puree in Europe, and the sector may be less impacted by the coronavirus due to its seasonality.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Chestnut processing and the production of frozen chestnut puree are handled by 5 well-known companies in Hungary, with a total annual turnover of HUF 3-4 billion - if we accept the total sales revenue from chestnut processing, we can still talk about a small segment of the Hungarian food industry. Their main product is chestnut puree. Contrary to misconceptions, however, a lighter colored chestnut puree means higher quality. Today, products with up to 100% chestnut content are available on the market. The disadvantage of chestnut processing is that it can be considered a seasonal activity - the season starts around September-October with the appearance of the harvest of the given year, while the majority of consumption is realized in the period between October and Christmas. The needs of domestic chestnut processing are not covered by the domestic crop, so a significant part of the chestnuts is obtained from imports. Chestnuts are available in both shelled and unshelled forms, ...
Source: Agrarszektor

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