The potatoes market in Hungary has witnessed substantial growth over the past decade, reaching a market size of 140.07 million Euros in 2023. Significant yearly increases were noted in 2016, 2018, and 2019, with a notable decrease in 2020 followed by steady growth thereafter. The year-on-year growth for 2023 stands at 5.5%, while the five-year compound annual growth rate (CAGR) is 5.42%. This indicates a healthy increase in market value over recent years, though at a slightly slower pace compared to earlier periods.
Future trends to watch for:
- Potential for further growth driven by domestic consumption patterns and export opportunities.
- Impact of changing consumer preferences towards healthier options and how the industry adapts.
- Influence of agricultural innovations on productivity and cost efficiency.
- Responses to economic conditions and geopolitical factors affecting trade and supply chains.
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,097,900,000 | 2023 | +1.66% | +2.31% | View data |
| 2 | 2 Italy | 1,214,900,000 | 2023 | +1.78% | +5.72% | View data |
| 3 | 3 Spain | 677,220,000 | 2023 | +4% | -0.015% | View data |
| 4 | 4 Sweden | 401,070,000 | 2023 | +2.45% | +4.5% | View data |
| 5 | 5 Poland | 357,270,000 | 2023 | +3.75% | +4.45% | View data |
| 8 | 8 Ireland | 234,480,000 | 2023 | +2.63% | +2.05% | View data |
| 9 | 9 Denmark | 232,870,000 | 2023 | +2.15% | +3.89% | View data |
| 10 | 10 Hungary | 140,070,000 | 2023 | +5.5% | +5.42% | |
| 11 | 11 Czech Republic | 136,470,000 | 2023 | -2.22% | +0.52% | View data |
| 12 | 12 Slovakia | 77,230,000 | 2023 | +4.58% | +6.12% | View data |
