Hungary: A significant crop loss is expected in sweet corn due to the severe drought

Published Sep 14, 2022

Tridge summary

The fruit and vegetable processing industry is facing significant yield losses in sweet corn and green peas, due to both natural reasons and the economic fallout from global political and economic events. These two crops account for 60% of the domestic vegetable growing area and provide 70-80% of the raw material for the refrigeration and canning industry, which is responsible for two-thirds of the output of the larger fruit and vegetable processing industry. The industry is now struggling with rising costs, especially in energy, which has increased five to ten times over the past year. Producers are seeking price increases, and the industry is grappling with the possibility of reduced production areas and raw material availability, which would lead to underutilization of capacities and potential market loss.

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

Original content

The sector is in trouble: in addition to the extraordinary economic situation caused by world political and economic events, and the explosive increase in costs, this year nature is spectacularly working against us. In the two most important products of the fruit and vegetable processing industry, sweet corn and green peas, yield losses are also significant. The canning industry also feels the crop loss (Photo: Pixabay) In recent years, sweet corn was typically produced on 30-35 thousand hectares, with an average amount of 500-550 thousand tons, while green peas - with a decreasing trend - were produced on 18-20 thousand hectares in an amount between 80-120 thousand tons. In these product lines, the interdependence of production and the processing industry is very significant. Together, these two vegetable crops account for 60% of the domestic vegetable growing area. 90-95% of both products are consumed by the refrigeration and canning industry, which accounts for 2/3 of the ...

Source: Trademagazin