In Hungary, the price of salt has skyrocketed

Published 2022년 10월 9일

Tridge summary

The article highlights the significant increase in the price of salt in Hungary, with a 171% rise in the past four years due to the halt in production at Ukraine's largest salt mine and disrupted supply chains. Despite the potential temporary shortage, Tibor Vinkler, manager of the eletso.hu online store, does not anticipate a permanent stock shortage as Hungary imports salt from other countries like Poland and Austria. The article also emphasizes the importance of salt in various industries and the challenges of artificially producing it. Furthermore, it warns of further price increases and advises against mass purchases to prevent price inflation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At one time, the price of salt could rival that of gold, and wars were even fought over it - that's why it was called white gold. Thanks to the development of technology, it is now not only mined by hand, so it is nowadays considered a basic spice found in almost every household. Although the price of salt is no longer at par with that of gold, the DRASTIC RISE IN THE PRICE OF THE PRODUCT, which reflects the current global economic processes, IS A CAUSE OF CONCERN. There is currently no salt mining in Hungary, so it is only possible to supply salt to the population through imports. In May of this year, Ukraine's largest salt mine stopped production, which affects half of Europe, including Hungary. Tibor Vinkler, the manager of the eletso.hu online store, is not afraid that there may be a permanent shortage of stock, even though the number one import channel has ceased due to the Russian-Ukrainian war, as salt comes to the country from the Parajd mine, as well as from Poland and ...
Source: Index

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