The revenue of the Belgian food industry is five times bigger than the revenue of the Hungarian food industry
Belgium’s land area is less than Hungary’s, however the output per farm is still ten times more there than in Hungary, while the revenue of the Belgian food industry is five times bigger than in Hungary. The average farm size is thirty hectares, so there is a huge demand for land, so the price per hectare Belgium now reaches 50 thousand euros.
“In Belgium, the annual output per farm in 100 thousand euros, while in Hungary, this ratio varies between 8-10 thousand euros. Hungary is lagging far under the average (25 thousand euros) of the European Union – was said at the most recent event of Agrár Klub, organized by the the K&H Group and the Agrár Európa Kft. (agrarszektor.hu)
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