The demand for premium Hungarian ground paprika is also high abroad

Published 2023년 9월 20일

Tridge summary

Hungary's ground paprika trade balance is positive, with a higher value in exports compared to imports. Hungarian paprika faces competition from Spain and France but still has demand in the international market. However, the cultivation of paprika has decreased in recent years due to low yields and high production costs. Despite this, there is potential for growth in other paprika-related products such as smoked ground beer and hot pepper creams and sauces.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hungary's foreign trade balance of ground paprika is positive: while we primarily import lower value "mass products", the majority of our exports are premium products with high added value. Despite strong Spanish and French competition, Hungarian paprika has a place on the international market, and there is a high demand for products made from Hungarian raw materials. In this respect too, distinguishing products from "mass products" and products with protection of origin and their own image can play a major role. Kalocsai and Szeged paprika powder have European Union protection of origin, but their marketing abroad needs to be further strengthened. In addition to the fact that the foreign trade balance of ground paprika still shows a surplus in terms of value, overall, our imports of paprika are twice as much as exports. In our country, paprika cultivation is mainly concentrated in the counties of Bács-Kiskun and Csongrád-Csanád, as well as in the production districts of Szeged ...
Source: Agronaplo

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