AKI: the total value of investments in the food industry increased by 9 percent last year
Based on preliminary data, the total value of investments in the food industry increased by 9 percent compared to last year in 2021 – reads the report published by the Agricultural Economics Institute (AKI) on Friday.
Investors spent 57 percent of the amount on machinery and equipment, 37 percent on buildings and constructions, and 2 percent on vehicles, the ratios did not change significantly compared to 2021.
Calculated by value, expenditures on buildings and other constructions increased the most, by 18 percent, while vehicle investments increased by 14 percent, and the amount of development of machinery and equipment increased by 6 percent.
Last year, the biggest investors in Hungary were confectionery production, soft drink and mineral water production, and poultry meat processing. Together, the three branches spent 40 percent of the total investment amount, a total of almost HUF 139 billion, for such purposes.
Related news
Animal Processing in 2024: Increasing Pork and Poultry Slaughter, Decreasing Cattle and Sheep Processing
In the first three quarters of 2024, animal processing data…
Read more >Soil-X-Change meeting for soil renewal innovation partnerships
On November 13, 2024, the Institute of Agricultural Economics (AKI)…
Read more >We slaughtered less, but exported more cattle
According to AKI slaughtering statistics, cattle slaughtering in January-July 2024…
Read more >Related news
Are we buying more consciously? Demand for Hungarian flavors is unabated
Kifli.hu works with hundreds of Hungarian producers to offer a…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >