Market News

Müller: German success story in Hungary too

Müller is present in 7 European countries with more than 900 drugstores. In Hungary Müller currently operates 33 stores and 18,000m² of warehouse space. The majority of the company’s products...

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Aldi UK goes local

Aldi in the UK is investing in British apple growers. The German discounter is the biggest buyer of British apples in terms of volume. Following similar moves by Lidl in...

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The export of frozen green peas increased by 20 percent in 2023

According to KSH data, green peas were harvested in Hungary in 2023, in a 6.9 percent larger area, 14 percent more (94 thousand tons) than in 2022. According to the...

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Amazon to launch online store in Ireland next year

Amazon has announced it will launch a new website in Ireland in 2025, in a bid to improve the retail experience for existing and new customers. The Irish website will...

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All the way up from here!

Most food categories could see the light at the end of the tunnel in the first quarter of 2024 – but not canned food. Negative global market trends had begun...

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KSH: in May, consumer prices increased by 4.0 percent on average compared to the same month of the previous year

In May 2024, consumer prices were on average 4.0 percent higher than a year earlier. Compared to April, prices fell by an average of 0.1 percent, vehicle fuel prices fell...

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Food couriers are in a difficult situation: both guest workers and domestic workers

On Thursday evening, the Hungarian Two-Tailed Dog Party held a round table discussion under the title “The Hunger Games – the situation of food couriers with an immigrant background”, which...

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Rice moves up a category

The first half of 2023 was about the momentum of the post-Covid boom, but the second half was about making consumers accept the price increases – in many cases this...

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Walmart launches new private label food range called “bettergoods”

US-based Walmart has launched a new private label food brand, under which the majority of products sold will be priced below USD 5. This article is available for reading in...

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Decade-long partnership with Hungarian wineries

Promoting Hungarian products and export increasing activities have always been important for Lidl Magyarország. The chain decided back in 2014 to give priority to popularising excellent Hungarian bottled wines as...

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The membership fee determination and payment period has begun at the Chamber of Agriculture

The period for establishing and paying membership fees for economic organizations, primary producers and individual entrepreneurs at the National Chamber of Agriculture (NAK) began on June 1st, the deadline for...

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Tesco launches marketplace to become one-stop shop online

Tesco has launched an online marketplace allowing customers the ability to shop thousands of third-party products when buying their groceries. The supermarket said the addition of a marketplace will make...

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Molson Coors takes Peroni Nastro Azzurro production in-house for US

Molson Coors is moving the production of its licenced Italian beer brand Peroni Nastro Azzurro to the US. The US brewer will start production of Peroni Nastro Azzurro in-house at...

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Amcor: packaging and recyclability also play a role upon coffee purchasing

A recent research conducted by Amcor reveals that European coffee consumers prioritise factors such as taste, aroma, brand, and price when selecting coffee. But, sustainability claims such as recyclability also...

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The test results illustrating the condition of Hungarian soils will soon be available to everyone

The results of the soil protection laboratory tests carried out in Hungary will soon be available to all interested parties. The data will greatly support research related to one of...

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Be careful when buying plants from abroad!

Did you like a plant during your holiday outside the European Union and would you like to take it home?Do not do it! We can bring not only a beautiful,...

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KSH: the production of food, beverages and tobacco products expanded compared to a year earlier

In April 2024, the volume of industrial production exceeded a year earlier by 6.4 percent, while adjusted for the working day effect it was 2.4 percent lower than a year...

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Nine out of ten Hungarians do not eat enough vegetables and fruits

Only 10% of us eat the amount of vegetables and fruit recommended by the World Health Organization, i.e. at least 5 servings of vegetables and fruit per day, according to...

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Edeka to build a recyclable supermarket

Edeka is building its latest store in Braunschweig using the sustainable “Triqbriq timber construction system”. This article is available for reading in Trade magazin 2024/6-7 This is the first time...

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Privát Card’s successful debut

For Kerekes Kft.’s Privát store network the biggest event of 2023 was the launch of the loyalty card scheme in July. This article is available for reading in Trade magazin...

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The number of companies connected to the French food industry operating in Hungary has also increased

There are 544 French-owned companies operating in Hungary, almost 11 percent more than in 2020, with almost 49,000 employees, and their annual sales revenue is more than 13 billion euros,...

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Dentsu: This year’s outlook for the global advertising market has improved

The total value of global advertising spending is expected to reach 754.4 billion dollars this year, which represents a 5 percent increase compared to 718.6 billion dollars in the previous...

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The pasta market is buzzing

Last year’s drop in real wages also led to a few percent decline in volume sales in the pasta market. This article is available for reading in Trade magazin 2024/6-7...

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Agrarszektor: this is why Hungarian agriculture is lagging behind

It is worthwhile to be more efficient and advanced in agricultural production, but it is difficult to grasp how this should be achieved, knowing that Hungarian agricultural production differs significantly...

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The rules on the import of Ukrainian products into the EU without customs duties and quantitative restrictions came into force

The legislation that extends the import of Ukrainian products into the EU without customs duties and quantitative restrictions has entered into force, the European Commission announced on Thursday. According to...

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Smurfit Kappa acquires Bag-in-Box plant in Bulgaria

Smurfit Kappa, one of the world’s leading providers of sustainable packaging solutions, has announced it has signed an agreement to acquire Artemis Ltd., a Bag-in-Box packaging plant located in Shumen,...

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The turnover of agricultural machinery fell by more than 50 percent

The willingness of Hungarian farmers to purchase machinery continued to rise continuously for years, until the first quarter of the previous year.In recent years, thanks to the call for tenders...

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Walmart launching beta of customer behavior solution for suppliers

Walmart will provide a broader range of shopper insights to its supplier partners. On Wednesday, June 5, 2024, the retail giant’s Walmart Data Ventures division is rolling out the beta...

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Switching Food And Drink Purchases Could Reduce Greenhouse Gas Emissions By A Quarter

Switching food and drink purchases to more environmentally-friendly alternatives could reduce the greenhouse gas emissions from everyday grocery purchases by more than a quarter, a new study has found. The...

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A replenished Agricultural Damage Mitigation Fund helps producers affected by the damage

The reassuring information for the farmers who suffered damage this year is that about HUF 25 billion is available in the 2024 damage mitigation fund from the payments of the...

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