Market News

When competitors use price to attack

Manufacturers of brands are ever more frequently faced with competition which uses low prices. Most of them are forced to review their price strategy as a result of a challenge...

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Széchenyi Card: always at hand

64 savings co-operatives have joined the sales network of Széchenyi Card so far, as a result of an agreement signed with the National Alliance of Savings Co-operatives and Takarékszövetkezeti Bank...

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Gel fix and preserving sugar on top of the list

According to the Retail Index of Nielsen, preservation of fruits at home is becoming more popular. Sales grew by 43 per cent in terms of value between February 2006 –January...

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High prestige ice tea brands

Lemon and peach, relative expensiveness and a growth rate of 20 per cent annually – these are all characteristics of the ice tea market. Ice tea is a growing category...

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Spring wave of Austrian weeks

Spar, Cora, Metro. These three chains have organised Austrian food weeks in Hungary this spring. The three year long international promotional campaign for Austrian food with an annual budget of...

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Failure to pay no longer a shame

AccAccording to a recent analysis by Coface Hungary the insolvency rate for Hungarian enterprises grew by 24 per cent in the first quarter of the year, compared to the same...

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Compact preservatives are for young people as well

Sometimes modern convenience products serve to preserve traditions. Making jam, or preserving fruits at home would probably disappear from kitchens if such processes could not be completed much faster than...

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Market share of more expensive nectars and juices growing

While HoReCaA sales of fruit and vegetable juices fell by 4 per cent in terms in volume, the same grew by 3 per cent in terms of value between December...

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A new age for the meat trade

Practically all households buy meat products. The main topic of the international seminar Packforum® held in March, was vacuum sealed packaging. Sealed Air Cryovac knows more than any other company...

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Less imported products of higher quality

The proportion of imported products on the shelves of food stores did not increase last year, but quality was better than before.. However, manufacturers and retailers do not seem to...

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Razor blades disposed of, sales growing

According to the Retail index of Nielsen, the market of shaving products is expanding. The number of razor blades and disposable razors sold in 2006 was over 50 million with...

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Bakery products showing biggest price rise

Food prices were 9 per cent higher on average in March than a year before. Prices of bakery products rose by net 4,8 per cent compared to February. The prices...

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2006 was the year of grain

2006 was a successful year for Hungarian exporters of agricultural products. Exports grew by nearly 10 per cent-over the year, while imports expanded by 10,3 per cent. Imports from the...

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Slogans for shaving: convenience, skin care, design

Continuous innovation has left its mark in the market of shaving products. Shaving foam is losing its appeal, after shave lotions are no longer all about masculine fragrance, while razors...

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Turkey market: recession not as bad as expected

Production of turkey meat in the EU declined by only 3,5 per cent last year, though 5,5 per cent was expected by experts. According to a forecast by USDA, the...

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Germany

Germany, traditionally our largest market for agricultural products continued to show expansion in 2006. The rate of expansion was 5,5 per cent, which was below the average, but revenues of...

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Objective: to follow contours perfectly

Convenience is the most important requirement in the HUF 1,5 billion market of electric razors. The primary objective during development is to allow a perfect shave even in places which...

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Waiting for interest rates to fall

According to a forecast by GKI Gazdaságkutató ZRt made with the co-operation of Erste Bank, the objectives of the convergence program for this year are almost certainly going to be...

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Russia

Our exports to Russia, our fourth biggest export market in Europe, stagnated in 2006. The traditionally biggest item, canned vegetables showed a decline of 20 per cent. Exports of some...

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Drugstores selling largest quantity of insecticides

According to the retail index of Nielsen, the market of insecticides expanded last year. Sales grew by 15 per cent in terms of volume, while by 6 per cent in...

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Foreigners staying longer

The total number of nights spent by foreign and domestic visitors at commercial places of accommodation in the first two months of the year grew by 5 per cent compared...

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