Market News
Record hot summer: we have survived the hottest months in the last 123 years
This summer made history again, as the summer of 2023 brought two of the three hottest months of the past 123 years. The temperature record for the season was also...
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Corn can be replaced with sorghum due to the drought
This year, extreme weather, especially drought, caused severe damage across Europe, especially in Central and South-Eastern Europe and Southern Europe. The drought resulted in significant crop losses in Hungary as...
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Salami brands: it is investment time
2023 was a year of inflation in the food sector, but the category of high meat content salamis was hit particularly hard by rising raw material prices. There was a...
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Rising tomato prices and shrinking supply in Poland
In Poland, the tomato season entered the second phase, characterized by a decrease in supply and an increase in prices. After minor price fluctuations at the beginning of the season,...
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Szegedi Paprika ZRt. is committed to using domestic ingredients
For decades Szegedi Paprika Fűszer- és Konzervgyártó ZRt. has been one of the most important actors in the Hungarian canning industry. This article is available for reading in Trade magazin...
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Mercadona, Carrefour Lead Supermarket Rankings In Spain
Mercadona and Carrefour emerged as top retailers in Spain in terms of market share for July despite experiencing some decline. Mercadona’s market share stood at 26.8% (down 0.2 percentage points...
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UK government urged to prioritise food security by think tank
Policy Exchange reported a 30% drop in investment in the UK food and beverage manufacturing sector since 2019. The UK government has been urged to change its approach to national...
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Fifty-two winter wheat varieties and 15 rapeseed hybrids were examined in the objective national test of the GOSZ-VSZT NAK
The first step in establishing a successful farming season is choosing the right variety. In this, the National Association of Cereal Growers (GOSZ), the Inter-Trade Association and Product Council of...
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Yili Named The World’s Most-Valuable Dairy Brand
Yili continues to hold the title of the world’s most-valuable dairy brand for the fifth consecutive year, with the Chinese brand boasting a value of $11.6 billion (€10.4 billion), according...
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160,000 to 180,000 tons of watermelons can be harvested this year
According to KSH data, 124.7 thousand tons of watermelons were harvested from 2.88 thousand hectares of production area in Hungary in 2023, which was 23 percent more than the amount...
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PepsiCo invests GBP 13m in its Doritos factory in Coventry
PepsiCo is investing GBP 13m in its Coventry tortilla chips factory, which has been producing Doritos products in the UK for 30 years. This article is available for reading in...
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Young people are also using more and more smart devices to pay
Albeit slowly, the popularity of cash among young people is decreasing, according to the latest K&H youth index. 58 percent of them are already trying to complete their shopping transactions...
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Sustainable mobility in the Westend: ground-breaking micro-mobility developments
The new micromobility service of the Westend shopping center called “Westend – connected to the city” awaits visitors with outstanding opportunities, and its aim is to support sustainable transport. The...
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The latest issue of Trade magazin is out now!
This time the digital version has been expanded to 256 pages, making it the biggest Trade magazin issue so far this year. You can read it now, by clicking on...
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KSH: in the second quarter of 2024, according to raw data, the performance of the economy exceeded the same period of the previous year by 1.5 percent
The volume of Hungary’s gross domestic product in the second quarter of 2024 exceeded the same period of the previous year by 1.5 percent based on raw data, and 1.3...
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The summer food chain inspection ended with positive experiences
The summer seasonal food chain inspection ended with favorable experiences, a small proportion of the investigations ended with fines and punishments, said the deputy state secretary for food industry and...
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Right now it is hard to tell the future from coffee grounds
If we take a look at the last 12-month period measured – between June 2023 and May 2024 – two market researchers (using different methodologies) have found a minimal decline...
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György Raskó: there won’t be enough apples even for domestic consumption
This year, significantly fewer apples will be harvested in Hungary than last year: the harvest will decrease by around 150,000 tons, which portends serious supply problems. The domestic harvest will...
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Smart rainwater management may be the latest trend
Rainwater is a treasure. This is also the opinion of the Hungarian professionals interviewed by Wavin, and almost every second architect, facility operator, and city manager believes that the demand...
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An important change is coming, companies should prepare now – the EU regulation on digital accessibility will enter into force in 2025
While the majority of companies are burning with the fever of artificial intelligence-based developments, the concept of digital equal opportunities continues to be pushed into the background, even though nearly...
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Asda stops testing refill stations
Asda will discontinue testing its refill stations, citing challenges in the current form of the initiative’s operation. This article is available for reading in Trade magazin 2024/8-9 Cost, convenience, cleanliness...
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NAK also provides assistance to its members in land matters
The National Chamber of Agrarian Economy (NAK) pays special attention to tasks related to land issues. Members can also contact the chamber’s experts with questions about land matters, who provide...
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Aldi Nord Launches New Campaign To Promote Freshness
Discounter Aldi Nord has announced the launch of a new campaign, entitled So einfach geht Frische (Freshness is so easy), which seeks to promote the fresh products available in its...
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Serbia government launches food, drink price cuts
Belgrade said the cuts on products ranging from fruit and veg to coffee will last until the end of October. Serbia has announced the prices of more than 80 food...
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Ornamental horticulture will continue to be a stable and prominent product field in the future
The situation of the ornamental horticulture sector is stable, and in the medium term it contains significant growth potential – said Sándor Farkas, the Deputy Minister of the Ministry of...
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Pernod Ricard acquires minority stake in Lewis Hamilton’s alternative spirits brand
Absolut Vodka owner Pernod Ricard has acquired a minority stake in Almave, a super premium non-alcoholic blue agave-based spirit brand co-founded by seven-time Formula One world champion Lewis Hamilton. Almave,...
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The price of fodder corn rose by 16 percent
The European Union’s corn harvest will not be abundant in 2024, currently around 60 million tons are indicated, which would be 4 percent lower than the year before and 5...
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Once again, the Milk Product Council carried out comprehensive research
The goal of the Dairy Association and Product Council is to get more Hungarian cheese into domestic households, therefore the 2024/2025. focused on the promotion of Hungarian cheeses in its...
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From the point of view of food chain safety, this summer’s experiences are favorable
The summer seasonal food chain inspection was successfully completed. During the two-month series of inspections, the food chain supervision specialists examined around 1,200 units and almost 1,500 product batches in...
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New nutrition guide for preschoolers: Introducing the CHILDREN’S SMART PLATE®
The National Association of Hungarian Dietitians (MDOSZ) has developed a supplemental nutrition guide for 4-6 year olds. The purpose of the new CHILDREN’S OKOSTÁNYÉR® is to promote the development of...
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