Market News

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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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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