Hungary - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Rapeseed Oil Price in Hungary - 2023
Contents:
- Crude Rapeseed Oil Price in Hungary (FOB) - 2022
- Crude Rapeseed Oil Price in Hungary (CIF) - 2023
- Crude Rapeseed Oil Exports in Hungary
- Crude Rapeseed Oil Imports in Hungary
Crude Rapeseed Oil Price in Hungary (FOB) - 2022
The average crude rapeseed oil export price stood at $1,649 per ton in 2022, with an increase of 38% against the previous year. In general, the export price continues to indicate pronounced growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($1,962 per ton) and Slovakia ($1,863 per ton), while the average price for exports to Croatia ($1,481 per ton) and the Netherlands ($1,485 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Rapeseed Oil Price in Hungary (CIF) - 2023
The average crude rapeseed oil import price stood at $1,041 per ton in May 2023, falling by -5.1% against the previous month. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in November 2022 an increase of 6.8% month-to-month. Over the period under review, average import prices hit record highs at $2,205 per ton in June 2022; however, from July 2022 to May 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Slovakia ($1,033 per ton), while the price for the Czech Republic totaled $1,017 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+0.2%), while the prices for the other major suppliers experienced a decline.
Crude Rapeseed Oil Exports in Hungary
After three years of growth, overseas shipments of crude rape, colza or mustard oil decreased by -35.6% to 53K tons in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 181%.
In value terms, crude rapeseed oil exports dropped to $87M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 217% against the previous year.
Export of Crude Rapeseed Oil in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.2 | 18.8 | 13.2 | 29.9 | 430.7% |
Netherlands | 10.6 | 22.2 | 64.0 | 24.5 | 32.2% |
Austria | 2.0 | 10.9 | 12.0 | 21.6 | 121.0% |
Czech Republic | 0.3 | 0.8 | 0.2 | 5.9 | 169.9% |
Slovakia | 2.5 | 4.2 | 6.2 | 4.2 | 18.9% |
Others | 2.6 | 1.1 | 2.4 | 1.2 | -22.7% |
Total | 18.3 | 58.0 | 97.9 | 87.4 | 68.4% |
Top Export Markets for Crude Rapeseed Oil from Hungary in 2022:
- Germany (18.2K tons)
- Netherlands (16.5K tons)
- Austria (12.2K tons)
- Czech Republic (3.0K tons)
- Slovakia (2.2K tons)
Crude Rapeseed Oil Imports in Hungary
Crude rapeseed oil imports into Hungary contracted markedly to 38K tons in 2022, dropping by -23.5% on 2021 figures. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of 50K tons, and then shrank sharply in the following year.
In value terms, crude rapeseed oil imports fell to $66M in 2022. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, imports reached the peak of $70M, and then dropped in the following year.
Import of Crude Rapeseed Oil in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 28.3 | 17.3 | 22.7 | 23.4 | -6.1% |
Slovakia | 2.2 | 4.7 | 18.7 | 22.4 | 116.7% |
Austria | 0.1 | 6.7 | 15.8 | 10.0 | 364.2% |
Romania | 9.2 | 3.1 | 10.3 | 6.5 | -10.9% |
Ukraine | N/A | N/A | N/A | 2.7 | 0% |
Others | 0.7 | 0.5 | 2.3 | 1.2 | 19.7% |
Total | 40.5 | 32.4 | 69.8 | 66.2 | 17.8% |
Top Suppliers of Crude Rapeseed Oil to Hungary in 2022:
- Czech Republic (15.5K tons)
- Slovakia (12.0K tons)
- Austria (5.0K tons)
- Romania (4.1K tons)
- Ukraine (0.7K tons)
This report provides an in-depth analysis of the crude rapeseed oil market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 271 - Oil of Rapeseed or Canola oil
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the crude rapeseed oil market in Hungary.
This report provides an in-depth analysis of the rapeseed oil market in Hungary.
This report provides an in-depth analysis of the refined rapeseed oil market in Hungary.
This report provides an in-depth analysis of the global crude rapeseed oil market.
This report provides an in-depth analysis of the global rapeseed oil market.
This report provides an in-depth analysis of the global refined rapeseed oil market.
This report provides an in-depth analysis of the crude rapeseed oil market in Hungary.
This report provides an in-depth analysis of the rapeseed oil market in Hungary.
This report provides an in-depth analysis of the refined rapeseed oil market in Hungary.
This report provides an in-depth analysis of the global crude rapeseed oil market.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.