Market News

This is what the youngest customer group spends on

Two-thirds of the 14-18-year-olds receive an average of HUF 22,000 in pocket money per month. Girls spend more on clothes and gifts, boys spend more on online games and electronic...

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This year’s support program for the beekeeping industry is starting

Beekeepers can benefit from more than HUF 3 billion, as the regulation of the sector’s support program according to the Strategic Plan of the Common Agricultural Policy has been published...

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This is how the webshop regulation affects retailers

At the 8th Ecommerce Expo Budapest, held on 29 February 2024, Dr Barnabás Balczó, president-CEO of MPL spoke about the new government regulation known to many as the “Webshop Decree”. This...

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Mobile payment is now a daily routine for Hungarian students

Mastercard has conducted a survey among young Hungarians about their financial habits, personal motivations and goals for the second time. This article is available for reading in Trade magazin 2024/4...

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Mastercard and Nexi working on open banking payments

Europe’s leading PayTech company Nexi has chosen Mastercard as a strategic partner for its open banking programme in Europe. This article is available for reading in Trade magazin 2024/4 The...

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About seventeen thousand families are supported by Katolikus Karitász’s Easter non-perishable food collection

One hundred and fifty tons of food were collected at the Easter non-perishable food collection initiated by the Hungarian Catholic Bishops’ Conference and conducted by Catholic Charity, of which almost...

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One third of the products bearing the Hungarian Product trademark are private labels

In response to the needs of domestic consumers, retail chains have recently taken steps to further emphasise the domestic origin of their private label products. This article is available for...

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Hungarian Product trademarks underline the true value of AGROSPRINT products

For more than three decades Agrosprint has been a leading company in the domestic market for quick-frozen fruit and vegetables. This article is available for reading in Trade magazin 2024/4...

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From price sensitivity to sustainability

In 2023 sales in the cleaning products market increased by nearly 16% in value, driven mainly by rising prices, as all segments of the category declined in volume. This article...

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Ten million kilograms of food donated

Last year the Hungarian Food Bank Association saved 10 million kilograms of food from stores and manufacturers, donating it to people in need. This article is available for reading in...

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Winner of the Gyermelyi TikTok talent contest announced

Gyermelyi has announced the results of this year’s Recipe Roulette influencer talent contest: the winner is Virág Molnár. This article is available for reading in Trade magazin 2024/4 In addition...

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Dm helps families with young children in need by donating nappies

This year again three trucks transported 75 pallets of babylove nappies – a total of 6,500 packs – from the dm drugstore chain’s warehouse, to be distributed among 260 families...

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More companies feel that they are in a more stable financial situation than last year

Companies are more optimistic about the year ahead than they were last year. A greater proportion feel that they can count on a secure financial situation this year: while in...

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Will we be saying goodbye to maple syrup soon?

A sudden drop in Canada’s major maple syrup reserves is causing concern: The amount of maple syrup in a reservoir in Quebec has dropped to a 16-year low of just...

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Borsodi is the official beer of the Hungarian national football team

Borsodi Brewery and the Hungarian Football Federation have signed a cooperation agreement. In connection with UEFA Euro 2024, Borsodi Brewery will be the official beer of the Hungarian men’s national...

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“How Much To Eat From What” is more and more popular

In the last 8 months more than 3,000 adults have joined the How Much To Eat From What programme of the Auchan Foundation, in order to receive free personalised nutritional...

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K&H and the Dairy Board renew cooperation

In order to promote the future development of the dairy sector and innovative investments, K&H and the Milk Interbranch Organisation and Dairy Board have renewed their cooperation. This article is...

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Support for irrigation development continues

Farmers must be supported in being able to adapt to the challenges posed by climate change and at the same time increase the cultivation of crops with greater added value. As...

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Maxima Latvija Invested €11.5m In Store Renovation In 2023

Maxima Latvija invested €11.5 million in reconstructing and renovating its store network in Latvia in 2023. During the year, Maxima Latvija invested more than €5 million in renovating its stores...

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Hair care in new dimensions

Last year the hair market grew by 18.3% in value compared to the previous year. This article is available for reading in Trade magazin 2024/4 Renewal inside and outside “The...

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The price of eggs at the packing point is still lower than last year

Based on data from the KSH, in 2023, Hungary bought 35.5 thousand tons of shell eggs from the international market, almost the same amount as the previous year, within which...

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Budweiser Teams Up With Artist Peter Blake On New ‘Pop Art’ Can

Beer brand Budweiser has teamed up with Sir Peter Blake, the artist behind the cover of The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band, on a new series of Pop-Art...

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FMI: 57% of shoppers purchase produce from mass retailers, supercenters

While traditional grocery stores are still consumers’ top places to buy produce, low-price format retailers are making significant gains in the category. Where consumers purchase produce has shifted to favor...

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The Council of the EU approved the proposal for the revision of the common agricultural policy

On Tuesday, the EU Council of Agriculture Ministers approved a proposal for a targeted revision of the Common Agricultural Policy (CAP), which aims to simplify and reduce the administrative burden...

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Nébih is reporting on product size reductions

On 1 March a National Food Chain Safety Office (Nébih) database was launched, where shoppers can find out how much the size of certain products has reduced. This article is...

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Association of Hungarian Confectionery Manufacturers: there are challenges in the market

The bite of last year’s inflation also left a deep mark on the confectionery market. While the size of the market increased by 23 percent year-on-year to HUF 381 billion...

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2023 was a terrible year for the Hungarian meat industry

The year 2023 was full of challenges for the Hungarian meat industry, in which many factors played a role. The year was often compared to the biblical ten plagues, which...

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In March, the GKI economic index rose by 3 points

According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in March, the business world and the population reported slightly more favorable prospects...

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From 2024, March 25 is the day of Hungarian fruit landscape varieties

Preserving the genetic diversity of our cultivated crops is in the fundamental interest of domestic agriculture. These include the fruit landscape varieties that have long been present in the Carpathian...

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Nébih has once again announced the greening of Easter tender

The National Food Chain Safety Office (Nébih) has once again announced the Easter greening tender in the spirit of conscious holiday preparation, Nébih told MTI on Monday. The announcement was...

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