Market News

Germany: Ritter Sport launches new chocolate from January

The confectionery manufacturer Ritter wants to drive its business forward with a new product. It is to be a so-called large chocolate bar with very special contents, as Lebensmittel Zeitung...

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Polish Shoppers Turn To Store Brands To Save Costs, Study Finds

Most Polish consumers have changed their way of shopping for FMCG products and are turning to private labels to save money. Close to a half of consumers (47%) shopped at...

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Fertilizer sales prices decreased further 2023 VII-IX.

In the months of 2018, compared to the volume sold in the same period a year earlier, 66 percent more fertilizer was delivered to farmers. Within the product range, the turnover...

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FAO: International food prices stagnated in October

The international index for food prices ended October with a minimal – half a percent – decrease, only dairy products rose in price – reported the Food and Agriculture Organization...

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K&H: a good third of young Hungarians are satisfied with their lives

The index reflecting the mood of Hungarian youth has now dropped from 20 points measured at the beginning of the decade to 11 points, although there has been little change...

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Dumping of Egyptian and Chinese garlic is expected

Over the past few years, the amount of garlic produced in Hungary has decreased by a third. Meanwhile, garlic imports have multiplied, and last year we imported six times more...

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Hungarian participation in the “Subgroup on Innovation and Knowledge Exchange” event in Brussels

AKI participated in the “Subgroup on Innovation and Knowledge Exchange” (SoIKE) event organized by the European Commission and held in Brussels on October 27, 2023, within the framework of the...

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PepsiCo’s Doritos brand creates technology to ‘silence’ its crunch

The software, aimed at gamers annoyed by the sound from other players, used artificial intelligence and machine learning to analyze more than 5,000 crunches. While PepsiCo’s Doritos chips are popular with...

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A soil moisture map was created using drones and artificial intelligence in Debrecen

Using artificial intelligence (AI), researchers from the Faculty of Science and Technology of the University of Debrecen (DE) are developing a methodology for predicting soil moisture content. The procedure, carried out...

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Graphic tobacco-style warning labels on meat could cut consumption by 10%, study finds

A new study from Durham University, UK, indicates that graphic warning labels on meat products, similar to the ones found on cigarette packets, could not only influence consumer behavior toward...

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The new crop rotation and fallowing rules must also be taken into account when preparing next year’s sowing plans

The European Commission has recently made it clear: by 2024, it will not allow member states to provide their farmers with a temporary exemption from the new rules for crop...

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Carrefour France To Lease 37 Stores To Third-Party Operators

Carrefour France has announced plans to lease 37 of its stores, including 16 hypermarkets, to third-party operators next year, with the retailer remaining the owner thereof. The news was revealed...

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Support can be paid even after partial completion in the AÖP

This year, the Ministry of Agriculture will introduce the band payment system to be used in case of partial fulfillment of the practices undertaken in the Agro-ecological Program (AÖP). In...

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The seasonally adjusted October value of the Purchasing Manager Index (BMI): 50.5

The seasonally adjusted October value of the Purchasing Manager Index (BMI): 50.5. Compared with the previous October values, this year’s value is lower than the long-term average for this month...

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EY: the Government expects almost HUF 100 billion in additional budget revenue from the global minimum tax

The government submitted the proposal to amend the tax laws to the Parliament. A new research and development grant may come, the rules for energy efficiency and development tax relief...

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KSH: The volume of exports of food, beverages and tobacco increased by 0.2 percent, while the volume of imports decreased by 12 percent

In August, the product foreign trade surplus was 665 million euros, compared to July, the adjusted volume of exports decreased by 0.6 percent and that of imports by 1.6 percent,...

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Coca-Cola HBC Hungary has published its 2022 sustainability report

Coca-Cola HBC Hungary supports the corporate group’s sustainability goals published in 2018, and taking into account the UN’s sustainability agenda for the period up to 2030, as a leading company...

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MLSZKSZ: If this continues, there won’t be fewer trucks on the roads – the EU program for greening freight transport has failed

At the moment, the EU goal of diverting 30 percent of long-distance road transport to rail and water by 2030 seems unachievable. In the last four years, the performance of...

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This is how we can use the Barnum effect to convince customers

Why is it that we believe so much in horoscopes? Have you ever felt that the description of your horoscope fits you perfectly, as if it were personalized? And what...

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Companies can do well: the job market is highly active

The economic indicators turned out to be less favorable compared to the companies’ expectations last year, so this year they apparently held back the recruitment of workers, they are waiting:...

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Future-proof strategies discussed at the Agóra conference

August was a special month for Hungarian Product Nonprofit Kft.: they not only organised the very successful Hungarian Product Month campaign, but also the 9th Agóra conference at the Rókusfalvy Estate...

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If we help each other, success will not be left behind!

For more than a decade, thousands of Hungarian farmers from here and across the border have been helping needy families year after year as part of the Bread of Magyars...

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Ahold Delhaize doubles presence in Romania

Ahold Delhaize is doubling its footprint in Romania with the acquisition of local player Profi Rom Food, a former part of the Louis Delhaize group. The Dutch retail group has...

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Damage mitigation applications can be submitted until the end of November

As in previous years, applications for damage mitigation benefits after agricultural damage that occurred in the 2023 damage mitigation year can be submitted until November 30. In 2023, damaged producers...

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Nestlé launches range of plant-based alternatives to white fish

Nestlé has launched a range of plant-based alternatives to white fish to deliver more options for consumers. The products which are certified vegan, include alternatives to breaded fish fillets, nuggets,...

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Farmers receive help in the fight against the vole invasion

In addition to the autumn rainy weather, Nébih’s latest decision can also help protect against field voles, which are proliferating in an increasingly large area of the country. The authority...

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New Rules On Geographical Indications Will Protect Spirits Industry, Says spiritsEUROPE

The implementation of new rules for the EU’s Geographical Indications (GI) system in agricultural products and foodstuffs, wines and spirits will ensure ‘strong protection’ for the spirits industry, spiritsEUROPE has...

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Agrometeorology: the rainy weather favored the development of autumn-sown grain

The mild but often rainy weather of the past two weeks created favorable conditions for the early development of autumn-sown grains, the National Meteorological Service wrote in its agrometeorological analysis...

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According to KPMG, only every fourth company feels ESG-prepared

According to KPMG’s new ESG Certification Maturity Index*, 75 percent of companies worldwide feel they still have a long way to go before they are ready to certify their ESG...

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KSH: Sales prices in the food industry rose by 4.8 percent compared to a year earlier

In September of this year, industrial producer prices were on average 2.5 percent lower compared to a year earlier. Domestic sales prices increased by 7.8 percent, export sales decreased by...

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