Market News

Substitutes stealing the show

As consumers are becoming increasingly health conscious and wary of sugar, sales of sweeteners are expanding. Canderel is not only a sweetener brand, but also a well known and diverse...

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Good days for palinka

Palinka sales in the HoReCa sector grew by 10 per cent in terms of value in the June 2006–May 2007 period. Total palinka sales in the HoReCa sector exceeded HUF...

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Private labels on the offensive

Retail sales of praline show dynamic growth. Sales have expanded by 10 per cent in the July 2006 – June 2007 period, exceeding HUF 15 billion, according to the Retail...

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Palinka popular among young people

Palinka has become fashionable. It has recently become an extremely successful product compared to the past. However, only premium brands of very high quality are welcome in restaurants. – Restaurants...

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Weakening „B” brands among pralines

Preparations are on the way for the long praline season, which will reach its peak around Christmas. Private labels hold stronger positions than ever before, but premium products are also...

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Rising prices in the bakery industry

Consumer prices in July were 8.4 per cent up compared to July 2006. According to a KSH report, food prices fell by 0.8 per cent compared to June. The prices...

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From grandma’s best to Mexican cuisine

The food industry has responded to our accelerated lifestyle with plenty of innovation. The assortment of instant food has expanded significantly. Instant food is a very comprehensive category. It includes...

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European flood of milk, falling lamb prices

Agricultural Business Research Institute (AKI) continuously monitors trends in the world market of meat and poultry. Data from the Market and Price Information system of KSH and AKI can be...

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Cheese sales concentrated in modern store types

The dynamic growth of cheese sales seen in recent years has slowed down. With growth of 8 per cent in terms of value between July 2006 and June 2007, annual...

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Unchanged prospects for consumers, less optimism for business

The value of the GKI economic prospects index has only shown moderate fluctuation since August last year, falling somewhat in July. According to a survey conducted by GKI Gazdaságkutató Zrt.,...

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Fighting common taste

The block of people who regard cheese as being identical with trappista is still substantial and constitute the majority. The situation is however, changing slowly. – In Hungary, there is...

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Buying food: quality is important

According to a 2007 survey by GfK Hungária, the high quality of food to be bought is the primary consideration for Hungarian consumers. A 1-5 scale was used to evaluate...

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Dynamic expansion in the market of paper diapers

The growth in retail sales of paper diapers has continued to accelerate. An increase of 12 per cent was registered by Nielsen in the July 2006–June 2007 period, with total...

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Marked price rise for grain

The prices of agricultural produce were 6.4 per cent up in June 2007, compared to June 2006. The prices of plant produce were up by 12.6 per cent, whereas that...

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Beyond absorbing capacity

Requirements for diapers are becoming increasingly diverse, but consumers continue to be sensitive to price. According to market research data, hyper markets are taking an increasing share from the sales...

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Recession in retail speeding up

The volume of retail trade continued to shrink in June 2007. According to KSH data, retail turnover in the second quarter of the year was 3 per cent less than...

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Facts and arguments

Compared to August 2006, food prices rose by 10,9 per cent, which is above the average rate of inflation. Food prices are also rising drastically in the world market, as...

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Intimate hygiene tissue: expansion above average

The market of intimate hygiene tissues is small but growing dynamically. According to the Retail Index of Nielsen, retail sales show an increase of 16 per cent in the July...

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Growing loyalty towards supermarkets and discount stores

According to the Shopper Trends study by Nielsen, the significance of modern store types has continued to grow. Hyper markets, super markets and discount stores are becoming the primary places...

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Price limits

It is hard to tell yet exactly how much damage has been caused by the drought. Farmers talk about losses amounting to hundreds of billions, whereas another calculation recommended by...

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Period of introduction for wet wipe tissues

As this product category has only recently been introduced, the objective is dual: educating consumers and widening the range of applications. The market of wet wipe tissues is growing dynamically...

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Sunshine, songs, logic

According to Greeks, Crete is the birthplace of European culture and having taken a look at the palace of Knossos, I find this an absolutely credible claim. Since Cretans are...

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Private label bio product for the British

According to a survey by TNS, seven out of the ten most popular bio products in the UK are private labels. In chains like Tesco and Sainsbury over 1,000 bio...

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Barely packaged merchandise, conservative consumers

According to Béla Kertész, general secretary of the National Packaging and Moving Association, the quantity of packaging materials used by the Hungarian economy is still only half of the European...

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From store to store in Shanghai (part 2.) – Lotus flower

We have visited Shanghai to attend the CIES conference which gave us an opportunity to take a look at retail trade in China. Lianhua (Lotus flower) is a 703 square...

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Less sale from basic food too

According to KSH the retail sales of food products dropped drastically in the first seven months. Hungarian retail sales dropped by 0.4% month on month in July, according to data...

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Outlet center in Polgár

From HUF 4billion investment a mall is built near to M3 motorway in Polgár. The M3 Outlet Center will be finished on March, the construction work is made by Strabag,...

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The biggest Hungarian trade union wants real wages correction

According to delegates of employers, the are several sectors, where in 2008 the agreed wages increase can't be given. Because of the tightening actions and the high inflations rate the...

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From March no more HUF 1, 2 coins

The ratio of lost 1 and 2 forint coins has been very high for years and the price of base materials, primarily copper, nickel and zinc, also rose considerably in...

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Fake Gillette made in China

Two Chinese brothers have been charged with making 160,000 fake “Gillette” razor blades.  The brothers, surnamed Zhang, were accused of assembling Gillette Mach 3 razor blades at home with family...

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