In the light of statistical data
László Selmeczi, co-chairman and managing director of Hungarian Confectioners’ Craft Union (MCI), gave a presentation at Trade magazin’s Business Days conference about the state of play in the business.
This article is available for reading in Trade magazin 2024/12-2025/01
In the late spring and early summer months, MCI’s leadership received feedback from members that sales turnover had decreased compared to the same period in 2023.This is the reason why they decided to ask colleagues to complete a questionnaire anonymously. 93.2% of respondents were classic confectionery shops with on-site and takeaway sales, and 40.7% were from Budapest and its surroundings. The highest proportion of business have 6-10 employees (39%), and 69.5% of respondents have 1 and 30.5% have 2-3 shops.
94.9% of confectioneries experienced a change in sales if compared to the same period of 2023: 70.7% reported a negative change and 29.3% a positive change. Among those suffering a sales drop, a minus 10-20% decline was the most typical (46%). As for those producing a sales increase (less than a third of respondents), the improvement ranged from plus 5-10% for 50% of respondents. In the past year 89.8% increased prices: 50% by 10%, 27.8% by only 5% and 22.2% by 15%. It can be concluded that most confectioners may face serious difficulties if the sales drop and the increase in raw material prices (e.g. chocolate) continue, and the labour situation doesn’t improve. MCI is hopeful that the sector’s leaders will consider the craft union’s proposals and take measures to help hospitality businesses survive and thrive. //
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