Hungary: The producer price of pepper increased by 18-21 percent

Published Dec 5, 2023

Tridge summary

In 2022, Hungary harvested 84.07 thousand tons of peppers from 1.35 thousand hectares, solidifying its position as a net exporter of green peppers. In the first nine months of 2023, the export volume of green peppers increased by 15 percent, reaching 18.62 thousand tons, while the export value increased by 24 percent to 29.52 million euros compared to the previous year. Germany remains the largest export market, although exports to Slovakia and the Czech Republic have increased significantly. Additionally, the producer price of domestically grown sweet peppers for stuffing has seen a notable increase compared to the previous year.

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

Original content

According to KSH data, 84.07 thousand tons of peppers were harvested in Hungary from 1.35 thousand hectares in 2022. Hungary is a net exporter of green peppers. (Photo: Pixabay) According to KSH data, the export volume of green pepper increased to 18.62 thousand tons (+15 percent), and the export value increased to 29.52 million euros (+24 percent) in the first nine months of 2023 compared to the same period of the previous year. The volume of imports increased to 6.96 thousand tons (+8 percent), and the value to 10.67 million euros (+23 percent) at the same time. The foreign trade assets of green peppers rose to 18.8 million euros (+25 percent) from 10.6 million euros a year earlier. Exports to Germany, the largest export market for fresh green peppers, decreased by 6 percent to 9.25 thousand tons, while exports to Slovakia increased by 36 percent to 3.11 thousand tons and to the Czech Republic by 16 percent to 1.90 thousand tons in the observed period. According to the data of ...

Source: Trademagazin