Crispbread Market Overview in Hungary
In value terms, crispbread production declined to $ in estimated in export prices. Over the period under review, production continues to indicate a measured expansion. The pace of growth was the most pronounced in 2015 with an increase of % year-to-year. Crispbread production peaked at $ in 2017; however, from 2018 to , production remained at a lower figure.
The value of the crispbread market in Hungary contracted to $ in , declining 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). Overall, consumption, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when the market value increased by % year-to-year. Over the period under review, the market attained the maximum level at $ in 2017; however, from 2018 to , consumption remained at a lower figure.