Market News

The essence of the Asian coffee culture, or rather the essence of the Zen feeling has been revealed

Vietnam gave the world such gastronomic favorites as pho soup, bánh mì sandwich, bún chả and, of course, Vietnamese coffee. The latter has become an exciting new player in the...

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Moldova’s fruit exports are getting stronger: in competition with Hungarian producers?

Moldova’s fruit production, especially the export of apricots, plays an increasingly important role in the markets of the European Union. The country’s natural features favor agricultural production, and an association...

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Raspberries may disappear, bananas will grow, and there will be new pets in Hungarian agriculture

The situation in the Carpathian Basin is worrying due to climate change. Plant species that once felt comfortable in the area may disappear, but now the climate is not suitable...

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Smaller pressure on cheese

The average price of cheese has reduced significantly since the first half of 2023 (there was a double-digit price drop). Consequently, while cheese volume sales increased compared to a very...

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Food contact materials and sustainability

Dr Blanka Daniella Szilvássy, food safety officer of the National Food Chain Safety Office (Nébih) has summarised the European Union’s review process about food contact materials (FCM), sustainability, and packaging materials...

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The EU would reform the common agricultural policy

The EU presented an agricultural expert report on Wednesday, which aims to reform the EU’s common agricultural policy (CAP) in order to better align EU subsidies with the socio-economic needs...

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Agrometeorology: to sow rapeseed, it is essential to moisten the soil

There is enough moisture in the soil to sow autumn cabbage rape only in small patches, the soil layer affected by sowing is very dry and dusty in most parts...

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Just Eat Takeaway pulls out of France

Just Eat Takeaway has announced that it is leaving the French market, where it hasn’t been able to make its operations sufficiently profitable. With this “difficult decision”, the food delivery...

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Diageo brings Guinness 0.0 draught trial to UK pubs

Guinness 0.0 will be available on draught at more pubs and in football grounds across Great Britain following a successful initial roll-out in Ireland. Diageo previously offered Guinness fans in...

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Inflation, cost of living to impact majority of holiday shopping plans

Nearly two-thirds of U.S. consumers say that high prices will impact their holiday spending, while a small chunk of consumers plan to delay holiday season celebrations. That’s according to a...

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The situation of the EU cherry and fruit industry in the 2024/25 business year

Stone fruit producers are concerned about the burdens imposed on them by the European Union’s phytosanitary, environmental protection and packaging regulations, which greatly affect production costs. Stone fruit production is...

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Lidl exports pork ‘Made in Germany’

Lidl introduces its German local origin label for pork as an in-out promotion in its Lithuanian subsidiary. For fresh meat products, the discounter in its international markets has so far...

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Turkish Retailer Migros Ticaret Crowned Europe’s Strongest Grocery Retail Brand

Turkish retailer Migros Ticaret has been named the strongest grocery retail brand in Europe, in the inaugural Top 50 Strongest European Grocery Retailers report, prepared by ESM: European Supermarket Magazine and...

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Tradition and renewal, the Bábolna Farmers’ Days have begun

Bábolna simultaneously preserves the most beautiful traditions of Hungarian agriculture, but at the same time demonstrates the ability to renew itself, stated Minister of Agriculture István Nagy at the opening...

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Hungarian gives you more – over 50 brands participating in the August campaign of Hungarian Product

Hungarian Product Nonprofit Kft. is getting ready for its August “Hungarian gives you more” campaign. This article is available for reading in Trade magazin 2024/8-9 Participation is free in the...

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Extreme weather and crop failure: Food prices are rising in Europe and Hungary as well

This summer’s extreme weather has seriously affected Europe’s agriculture, causing significant crop losses and rising food prices. While the weather was cool and rainy in Northern and Western Europe, Central...

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According to the GVH, Hungarian families saved almost HUF 20 billion in three months thanks to the online price monitor

The online price monitoring system operated by the Economic Competition Authority (GVH) moderated food inflation by 1.11 percentage points between the start of July 1, 2023 and February 2024, the...

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Refillable beverage packaging is in danger – the Humus Association urges action

On July 1st, the redemption fee system came into effect, which also steered the regulation of beverage packaging in a new direction in Hungary. Old-style packaging is only available while...

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An investigation may be launched against Shein and Temu for dangerous products

The two heads of the US consumer protection authority, Peter Feldman and Douglas Dziak, are urging an investigation into the e-commerce platforms Shein and Temu after finding dangerous baby and...

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This year’s pear crop is (also) weak

Pears are one of the most important fruits of autumn, but the difficulties of production have become more and more serious in recent years both in Hungary and in Europe....

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Sustainability efforts: reality or illusion?

This article is available for reading in Trade magazin 2024/8-9 WWF regularly carries out public attitude surveys, which show that a considerable but still small proportion of society believes that...

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Pepsi Electric: The limited edition conquers with a new taste and bold design

In August 2024, Pepsi came up with a bold innovation: they presented the limited edition Pepsi Electric, which impresses consumers not only with its sugar-free composition, but also with its...

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Does Ryanair plan holiday packages? – Michael O’Leary would review the strategic direction

Although Ryanair has so far focused exclusively on short-haul air travel, management has now become more open to introducing holiday packages – flights, transfers and accommodation – but only if...

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Hungarian fruit growing faces serious challenges

Hungarian fruit growing faces a difficult and uncertain period, which is primarily determined by problems caused by climate change, labor shortages and the aging of plantations, said Ferenc Apáti, president...

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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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