The demand for Hungarian wine decreased domestically and increased abroad in 2022

Published 2023년 1월 19일

Tridge summary

In 2022, the sales price of Hungarian wines, both without and with a protected geographical indication, saw an increase of nearly 9 percent to HUF 24.9 thousand per hectoliter. Wines with a protected designation of origin, such as Tokaj white wines and Villány red wines, experienced significant price hikes. Hungary's wine foreign trade balance was positive, with a 29 percent increase in quantity and a 28 percent increase in value compared to 2021. Wine exports, particularly juice wines, saw a 27 percent increase in both volume and value, while imports also rose by 2 percent to nearly 54,000 hectoliters.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The sales price of domestically produced and domestically sold wines without a geographical indication, as well as those with a protected geographical indication, rose by almost 9 percent to HUF 24.9 thousand per hectoliter in 2022 compared to the previous year. Among the wines with a protected geographical indication, the processing sales price of white wines increased by 9 percent to HUF 22,000/hectoliter, and that of red and rosé wines by almost 7 percent to HUF 28,700/hectoliter. The sales price of domestically produced and sold abroad wines without a geographical indication, as well as wines with a protected geographical indication, increased by approximately 2 percent to HUF 27.6 thousand/hectoliter in 2022 compared to the year before. The sales price of white wines with a protected geographical indication rose by about 5 percent to HUF 24.6 thousand per hectoliter. Red and rosé wines with a protected geographical indication were sold at an almost 2 percent higher price, HUF ...

Source: Magro