Lettuce And Chicory Market Overview in Hungary
In value terms, lettuce and chicory production contracted to $ in 2019 estimated in export prices. Over the period under review, production, however, showed a slight slump. The growth pace was the most rapid in 2013 when the production volume increased by % y-o-y. Lettuce and chicory production peaked at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
In 2019, the average lettuce and chicory yield in Hungary reduced modestly to tonnes per ha, remaining stable against 2018 figures. In general, the yield saw a perceptible downturn. The growth pace was the most rapid in 2014 with an increase of % year-to-year. Over the period under review, the average lettuce and chicory yield hit record highs at tonnes per ha in 2008; however, from 2009 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of lettuce and chicory production in Hungary totaled ha, therefore, remained relatively stable against the previous year. Over the period under review, the harvested area recorded a temperate expansion. The growth pace was the most rapid in 2013 when the harvested area increased by % y-o-y. As a result, the harvested area attained the peak level of ha. From 2014 to 2019, the growth of the lettuce and chicory harvested area remained at a lower figure.
The revenue of the lettuce and chicory market in Hungary expanded slightly to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the market value increased by % year-to-year. Lettuce and chicory consumption peaked in 2019 and is expected to retain growth in the near future.