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Hungary: Development of the citrus fruit market in January 2023

Fresh Lemon
Published Jan 20, 2023

Tridge summary

Hungary's lemon imports increased by 3 percent to 13.3 thousand tons, orange imports decreased by 17 percent to 14.8 thousand tons, while mandarin imports increased by 1 percent to 4.22 thousand tons in the first ten months of 2022 compared to the same period of the previous year. Current domestic prices are 20-60 percent higher than last year.

Original content

According to the forecast published by the United States Department of Agriculture (USDA) in December 2022, the EU lemon harvest may decrease by 9 percent to 1.56 million tons in 2022/2023. in the economic year (October-September) compared to the previous season. A 10 percent decrease is expected in Spain, which accounts for 65 percent of the EU's total lemon production, while an increase is expected in Italy (+7.2 percent) and Greece (+2 percent). According to data from the European Commission, the price of lemons in Spain rose to 1.24 euros/kg (+37 percent) in the period of the current economic year. According to KSH data, Hungary's lemon imports increased by 3 percent to 13.3 thousand tons in the first ten months of 2022 compared to the same period of the previous year. According to AKI PÁIR data, the wholesale price of lemons on the Budapest Wholesale Market was 14 percent higher (HUF 622/kilogram) in 2022 compared to a year earlier. The wholesale price of lemons rose by 31 ...
Source: Magro
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