FM: the Hungarian milk is competitive
The Hungarian milk is competitive, the problems are due to the oversupply in the world market, not only in Hungary but also in several countries – the Ministry of Agriculture (FM) told MTI.
According to the information of the ministry, oversupply is not offset by the growing demand and price declines. According to the analysis, price competition is huge on the Hungarian milk product market, therefore import often displaces the Hungarian products. This is closely connected with the fact that the consumers are very price-sensitive. (MTI)
Related news
Tetra Pak Hungária Zrt. and Tej Szakmaközi Szervezet es Terektánács have renewed their cooperation agreement.
Tetra Pak Hungária Zrt. and the Tej Szakmaközi Szervezet és…
Read more >An efficient and competitive dairy industry is needed
The time has come to develop the domestic dairy industry,…
Read more >Tej Terméktanács once again celebrates World Milk Day with a nationwide prize draw
Due to the versatility and nutritious properties of dairy products,…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >