Hungary"s food market, particularly its nut segment, is experiencing notable shifts in 2024. With a focus on ground-nuts (preserved), export activities demonstrate varying volumes and values. The data reveals that Hungary"s nut exports have reached significant value thresholds, with preserved ground-nuts exports totaling $11,536,221 in peak transactions. This suggests a robust demand in international markets, likely driven by Hungary"s reputation for quality agricultural produce. In terms of volume, the export of ground-nuts in 2024 saw a substantial bulk transaction of 437,785. 035 kg, generating $1,537,840. Such figures underscore Hungary"s competitive positioning in the global food market. Additionally, the year 2023 provides a useful comparison, with export volumes as high as 7,830,249.

779 kg, valued at $8,046,786. On the import side, Hungary continues to import ground-nuts, albeit in lower volumes compared to its exports. In 2024, imports included transactions such as 10,083. 962 kg valued at $37,955. This indicates a balanced strategy of supplementing domestic availability while maintaining export commitments. Price trends reveal a dynamic market landscape. The export price per kg in larger transactions averaged around $3. 52 in 2024, showing a competitive pricing strategy.

Import prices remain slightly higher on a smaller scale, reflecting the cost of sourcing quality nuts internationally. For businesses looking to tap into Hungary"s nuts market, understanding these trends is crucial for strategic planning and execution. Engaging with local suppliers can enhance market entry strategies, leveraging Hungary"s established trade networks. Aritral. com, an AI-driven B2B platform, offers valuable tools for businesses, including product listings and direct communication with Hungarian suppliers. Additionally, Aritral provides global sales assistance, AI-powered marketing, and efficient profile management, making it a beneficial partner for navigating the complexities of international trade in the nut industry.