Imported pepper is flowing into Hungary; you wouldn't guess where the best comes from

Published Dec 12, 2024

Tridge summary

In 2023, Hungary harvested 90.61 thousand tons of peppers from 1.28 thousand hectares. The export volume and value of green peppers decreased by 28% and 34% respectively in the first nine months of 2024, while import volume and value increased by 34% and 37%. The largest pepper producer in the EU is Spain, but third-country peppers are gradually dominating the market. The price of domestically grown stuffed peppers at the Budapest Wholesale Market increased by 9% and 7% for smaller and larger peppers respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the KSH data, 90.61 thousand tons of peppers were harvested from 1.28 thousand hectares in Hungary in 2023, according to the latest report of the AKI. The export volume of green pepper decreased to 13.5 thousand tons (-28 percent) and the export value to 19.69 million euros (-34 percent) in the first nine months of 2024 compared to the same period of the previous year. At the same time, the volume of imports rose to 9.32 thousand tons (+34 percent), and their value to 14.75 million euros (+37 percent). The foreign trade assets of green peppers fell to 4.9 million euros from 19.1 million euros a year earlier. In the first nine months of the year, exports to the largest export market of fresh green peppers, Germany, decreased by 10 percent to 8.48 thousand tons, to Slovakia by 43 percent to 1.78 thousand tons, and to the Czech Republic by 56 percent to 831.8 tons. The most peppers, 3.38 thousand tons (+97 percent), came from Spain, followed by Egypt (+33 percent, 3.35 ...
Source: Agronaplo

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