The outlook for the canning industry is also deteriorating due to market uncertainties

By: Trademagazin editor Date: 2022. 05. 24. 11:28

The prospects of the canning industry are significantly worsened by the market uncertainties that have not been experienced for decades, according to a summary published on the website of Fruitveb – the Hungarian Fruit and Vegetable Interprofessional Organization said on Tuesday.

Adverse processes hit the canning industry

The members of the Hungarian Refrigeration and Canning Industry Association consider the insecure supply of raw materials to be the biggest challenge, in addition to inflation, rising energy prices and the disruption of the supply of packaging materials, they wrote. They added that due to the rapid rise in the price of fodder corn, the area under sweet corn and green peas is declining despite the fact that the purchase price of both has doubled. (MTI)