Preserved Peas Market Overview in Hungary
In value terms, preserved peas production dropped to $ in 2019 estimated in export prices. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2010 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
The revenue of the preserved peas market in Hungary contracted slightly to $ in 2019, remaining relatively unchanged 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, consumption, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. Preserved peas consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.