Market News
Domestic market of jam expanding
Date: 2008-11-16 08:00:00
According to data from the ConsumerScan of GfK Hungária, the jam market showed expansion in terms of both value and quantity in the first half of 2008. As a result...
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Instant food on trays increasingly popular
Date: 2008-11-16 08:00:00
The canned vegetable category shows stagnation in terms of quantity and moderate growth in terms of value, while demand for canned meat is in decline. Shelf price is increasingly important...
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Growing demand for premium beers
Date: 2008-11-16 08:00:00
Retail sales were up by 5 percent in terms of value in October 2007 – August 2008, compared to the preceding year. The value of the total market exceeds HUF...
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Budapest region on top
Date: 2008-11-16 08:00:00
Purchasing power in Hungary has been mapped by GfK Hungária for the sixth time this year. Hévíz, the wealthiest settlement outside Budapest two years ago is now only third with...
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Bio sector expecting strong sales at the end of the year
Date: 2008-11-16 08:00:00
Organic and health food has appeared in hyper markets and supermarkets years ago. Today, organic food is found on the shelves in most stores and online sale are also growing....
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There is always money for sweets
Date: 2008-11-16 08:00:00
Though consumption has not dropped, the domestic production of sweets has declined in the past two years. Multinationals like Kraft and Nestlé have relocated part of their production to other...
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Wine marketing to begin in late 2008
Date: 2008-11-16 08:00:00
The quantity of wine produced in Hungary this year will be around 3,5 million hectolitres this year, though as much as 4 million was expected. – This quantity is 20...
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50 percent occupancy for hotels
Date: 2008-11-16 08:00:00
The total number of nights spent by foreign and domestic guests in commercial places of accommodation remained unchanged in the January-August 2008 period, compered to 2007. Revenues were up by...
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No reason to panic!
Date: 2008-11-16 08:00:00
„No reason to panic!- said the director. That’s when panic started.” (Rejtő Jenő: Vesztegzár a Grand Hotelben) This is how I see the responses to the financial crisis. Obviously, it...
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Business presents at all levels
Date: 2008-11-16 08:00:00
As Győző Sauer, managing director of 3L Present Kft says, “Giving a present feels good”. However, his colleagues responsible for buying presents would disagree, as it is not easy to...
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Sweets immune to negative trends
Date: 2008-11-16 08:00:00
Growth has remained dynamic in practically all categories of sweets. The Bonbonetti Group is present in almost all of the sweets categories and has achieved annual growth of over 10...
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Festivals enhancing champagne culture
Date: 2008-11-16 08:00:00
The market of champagne has produced moderate growth last year. No major changes in demand have occurred. However, awareness and popularity of champagnes made using methode transvasée and methode traditionnelle...
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Specialised stores up
Date: 2008-11-16 08:00:00
Retail sales totalled 1.8 percent less in July 2008, than in July 2007. Retail sales were down by 0.1 percent compared to June. Retail sales totalled HUF 3,447 billion in...
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Price waves
Date: 2008-11-16 08:00:00
As soon as the harvest of maize has begun, farmers realised that their earlier hopes had been unfounded, as only HUF 18,000 per tonne was offered for their produce. MVH...
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Gift packages in widening price range
Date: 2008-11-16 08:00:00
The season of gifts will soon be here. Brand manufacturers have been working on Christmas offers for a while. As Anikó Radosiczky, senior brand manager of Sarantis Hungary says: “No...
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Market of sweets, especially chocolate expanding
Date: 2008-11-16 08:00:00
Double digit growth took place in the market of chocolate, both in terms of value and quantity in the October 2007-September 2008 period, compared to the preceding year. Sweet biscuit,...
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The wine market: household consumption down for the first time in 2007 after many years
Date: 2008-11-16 08:00:00
Rising average prices, less frequent and smaller purchases were the main trends in the Hungarian market of wine in 2007, according to data from GfK Hungária ConsumerScan. Cheap wine is...
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Food export down
Date: 2008-11-16 08:00:00
In the January-July 2008 period, export was up by 10 percent while import expanded by 11 percent, compared to the same period in 2007. According to KSH data, the balance...
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Mio: up-dated and integrated
Date: 2008-11-16 08:00:00
Free updates for the MioMap 2008 and Mio More Desktop software have been made available by Mio for its users. Owners of Mio Moov 200, 300, and 330 can now...
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Another difficult year for the food industry
Date: 2008-11-16 08:00:00
According to Attila Boródi, chairman of the National Association of Food Processing Enterprises (ÉFOSZ), 2007 was a very difficult year for the food industry and 2008 looks even more difficult....
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New types of flour for maintaining health
Date: 2008-11-16 08:00:00
Per capita grain consumption in Hungary has been stable in recent years, with minor fluctuations, at 87-90 kg/year. there is still a lot of surplus production capacity in this market....
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Growing market share for bitter and palinka
Date: 2008-11-16 08:00:00
Retail sales of spirits increased by 8 percent in the August 2007- July 2008 period, compared to the preceding year, reaching HUF 72 billion. Sales in terms of quantity increased...
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Grain prices down
Date: 2008-11-16 08:00:00
Agricultural supply prices were up by 2,7 percent in August 2008, compared to August 2007. The average price of plant products was down by 4,6 percent, while that of livestock...
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The value of reputation
Date: 2008-11-16 08:00:00
According to a survey conducted by Weber Shandwick with Figyelő and Szonda Ipsos, reputation is estimated by Hungarian CEO-s to account for 50 percent of market value. This is less...
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“Minus zero” instead of “plus zero” for the meat sector
Date: 2008-11-16 08:00:00
The number of meat processing enterprises has dropped from more then 500 to 350 within a few years, while concentration has continued in the sector. – Major changes have taken...
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Croissants and French rolls still most popular bakery products
Date: 2008-11-16 08:00:00
Nine out of ten people like croissants and French rolls and eight out of ten also like white bread, according to a survey of eating habits conducted by GfK Hungária...
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Bar code? RFID? Or both?
Date: 2008-11-16 08:00:00
Bar code has been used for such a long time that we do not even realise how ingenious this technology is. However, a challenger has appeared in the shape of...
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Romanians still shopping enthusiastically
Date: 2008-11-16 08:00:00
According to an Eurostat estimate, retail sales in the EU 27 countries totalled 1,1 percent less in July 2008, than a year before. Retail sales produced the fastest growth in...
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New EXPO under construction in Budapest
Date: 2008-11-16 08:00:00
The most modern and prestigious exhibition centre in Europe is under construction in Budapest. Apart from its futuristic architecture and state of the art technology, the EXPO area in the...
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Red meat and game more popular among men than women
Date: 2008-11-16 08:00:00
According to a survey by Gfk Hungária about culinary habits, poultry is the most popular form of meat among Hungarians, with pork in second place. Health conscious consumers prefer fish....
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