Market News
The average price of farmland in 2022 broke the HUF 2 million mark
In 2022, the average price of agricultural land per hectare increased by 11 percent, similar to previous years, and thus crossed the psychological limit of HUF 2 million – Agrotax...
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Metro Logistics Launches New Platform For E-Commerce Ordering
Metro Logistics, part of wholesale giant Metro AG, has announced plans to launch a new platform for the logistics fulfilment of e-commerce orders in Altlandsberg and Brandenburg in Germany. The...
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Cocoa and chocolate will soon be a luxury
Chocolate and cocoa prices are rising, as one of the world’s largest cocoa exporting countries, Nigeria, has a problem with the cash supply, which has caused exports to drop by...
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Danone’s revenue grew more than expected
Danone achieved a higher-than-expected income in the fourth quarter of last year, partly thanks to its higher prices, according to the financial report of the French food industry group published...
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Sweets and bacon? Unusual, but irresistible
We’re just over Valentine’s Day, we’re waiting for the sun to come out and we’re still fighting the frost in the morning, so we’re trying to survive the last breaths...
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Deli pickles have been recalled due to the possible presence of glass shards
Due to the possible presence of shards of glass, Gloster Vegetable-Gyümölcs Feldolgozó és Kereskedelmi Kft. has recalled commercial cucumbers from the market – the National Food Chain Safety Office (Nébih)...
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Sixty Gyermelyi dry pasta products received the KMÉ trademark
Gyermelyi Zrt.’s 60 types of dry pasta, including products made with and without eggs, have received the Excellent Quality Food mark. 23 products from pasta made with 4 eggs and...
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The veggie is a winner!
The Ceres, Hame, Green Factory and Queen of Peas brands launched a joint promotion with this title in Tesco stores. Customers can win valuable prizes by purchasing at least 2...
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Business sentiment has improved in Germany
In February, the German business sentiment index of the ifo economic research institute strengthened somewhat less than expected, the prospects improved, but the perception of the current situation among economic...
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In Europe, there is a significant lack of precipitation, which can cause problems in agriculture in the spring
Until the middle of February, Europe was characterized by a significant lack of precipitation in many places, which could cause problems in the spring, when plants start to develop and...
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Heinz teams up with Ed Sheeran to launch Tingly Ted’s hot sauce
Ed Sheeran has teamed up with Heinz to launch his own brand of hot sauces. Called Tingly Ted’s, the brand has debuted with two variants: Tingly and Xtra Tingly. Tingly...
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The success of fodder production is in the interest of the entire agricultural sector
The past two years have placed unprecedented burdens on agriculture, including animal husbandry and feed production. In bridging the difficulties, the government hastened to help the sector, and it will...
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‘Mall Of The Metaverse’ Launched By Majid Al Futtaim
Majid Al Futtaim has announced the launch of ‘Mall of the Metaverse’, a virtual retail and entertainment destination, at the World Government Summit in Dubai. Mall of the Metaverse will...
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Year of the Rabbit
In the Chinese horoscope 2023 is the year of the rabbit, and it is supposed to bring luck and promising financial opportunities. However, not even the rabbit can guarantee that...
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Amendments to the government decree for foods containing insect protein have been published
On Tuesday, the amendment to the government decree on food information related to foods containing insect protein was published on the government website. It states that the name of every...
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There is no shortage of goods in Spar and Aldi stores
In the field of security of supply, retailers provide outstanding performance, even though the coronavirus epidemic and the Russian-Ukrainian war disturbed the stability of the markets, and the price cap...
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BIOFACH: more and more people are interested in organic products
February 14-17, 2023 BIOFACH, the world’s largest international fair presenting organic products, took place in Germany between During the four days of the exhibition, in addition to getting to know...
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EU laws are expected to be tightened in marking the origin of honey mixtures
The president of the National Hungarian Beekeeping Association, Péter Bross, told Napi.hu: amending the directive on honey would promote the consumer’s free choice and the protection of his health. After...
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Analyst: if the food price freeze continues, it could be a big problem
Ákos Zsoldos, Portfolio’s macro analyst, was a guest on Tuesday’s episode of Portfolio Checklist, where he talked about the serious consequences of the food price freeze....
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Honey has become so expensive that no one needs it
Domestic honey purchases have frozen, meanwhile the Ukrainians are flooding the Hungarian and European markets with cheap honey. It is conceivable that the purchase price of honey will soon begin...
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More and more people are asking for their orders at package collection points
As part of an experiment, the team of the Behavioral Insight Team investigated what designs would help to nudge customers in the direction of ordering their products at parcel pick-up...
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In February, German and Eurozone economic sentiment improved more than expected
By February, the economic sentiment index of the ZEW economic research institute in Germany and the euro area rose unexpectedly to a twelve-month high. ZEW’s economic sentiment index (ESI), looking...
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Beekeeping is a key sector in Hungarian agriculture
Hungary was the first to make beekeeping tax-free, the first to grant pollination subsidies, and the first to actually list the countries from which the honey comes on the label,...
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EU Commissioner: the European Commission makes proposals to improve European competitiveness
In the coming weeks, the European Commission will present a series of proposals to improve European industry and competitiveness, this is particularly urgent in the current, challenging situation, said Maros...
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The work of plant doctors is indispensable for sustainable plant protection
Hungary agrees that the use of pesticides must be reduced, but an EU agreement is needed that finds the delicate balance between health, environmental and climate protection, as well as...
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Carrefour Enters Mongolia, Opens Two Stores
French retailer Carrefour has entered the Mongolian market, in association with partner Altan Joloo and its subsidiary Sansar. The retailer has opened two new stores in the country, operating under...
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The EU has proposed measures to improve the resilience of the fisheries and aquaculture sector
The European Commission presented a package of measures to improve the sustainability and resilience of the EU fishing and aquaculture sector, the EU Commission announced on Tuesday. Virginijus Sinkevicius, the...
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Coca-Cola debuts ‘transformation-flavored’ soda in its latest limited-time offering
Coca-Cola is introducing its latest limited-time offering called Coca-Cola Move in collaboration with Grammy-award-winning singer Rosalía, the company said in a statement. After last year’s roll-outs Coca-Cola Starlight, Coca-Cola Byte,...
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Fresh Food Packaging Market Set To Be Worth €193bn By 2023
The global fresh food packaging market is expected to grow at an average CAGR of 3.88% over the next ten years, new data from Future Market Insights has found. As...
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