The market for frozen vegetables is booming in Hungary

Published Jan 4, 2022

Tridge summary

Poland has experienced a significant increase in the volume of vegetables processed in the refrigeration industry, with a 11.7% rise from July to November compared to the previous year, largely due to the HoReCa sector's recovery from quarantine restrictions. Exports of frozen vegetables have also seen a positive trend, with a 9.4% increase in the third quarter of 2021. However, an upcoming ban on imports from Belarus could impact exports, leading to higher prices for Polish vegetables due to lower stocks and increased demand. Additionally, the cost of energy, particularly gas, is expected to contribute to a price increase for sprouted fresh market vegetables.

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

Original content

Under normal circumstances, the volume of frozen vegetable products could be expected to fall in this case, but in Poland the opposite was the case: according to GUS data from July to November (60% of annual processing during this period), the volume of vegetables processed in the refrigeration industry increased significantly by 11.7% compared to the 2020 volume. This is explained on the one hand by the fact that the HoReCa sector has been removed from quarantine restrictions and entered the market with much higher demand, and on the other hand by the low base of 5.8% of frozen vegetables in 2020, the first full coronavirus year. decreased compared to 2019. photo: pxhere.com Expanding exports Polish vegetable exports in the third quarter of 2021 were 9.4% higher than in the second quarter, mainly due to the recovery of tomato exports to the United Kingdom and the recovery of cabbage exports to the Czech Republic and Slovakia. Exports of frozen vegetables increased by 22% in the ...

Source: AgroTrend