Browse Data and Analysis

Hungary is a resilient, export-driven economy with the second fastest economic growth in the EU in 2019.

Hungary, as a member of the European Union (EU), applies EU regulations on imports of agricultural products.

Hungary is a member of the European Union (EU) and follows EU directives and regulations, including those relating to the importation of food products.

At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....

For CY 2019/2020, fresh deciduous fruit production is forecast at 550,000 MT for fresh apples and 590,000 MT for fresh pears, unchanged from revised CY 2018/19 levels.

2020 chicken meat production will rise slightly to 2.2 million metric tons with exports of 158,000 metric tons, up 2 percent to key markets of China, Chile and Russia.

2019 Argentine dairy production is projected at 10,650,000 tons, down 1.8 percent from 2018 due to abnormally warm weather during the first half of the year.

2019/20 soybean planted area is forecast at 18 million hectares, up 0.2 million hectares as producers shift second season plantings from corn to soybeans.

Argentina’s raisin production is forecast stable at 44,000 metric tons (MT) in CY 2020.

Argentina’s fuel ethanol production and consumption remains stable with 2019 forecast at 1.1 billion liters with no trade expected and the E12 mandate blend near 11.5 percent.

For marketing year (MY) 2019/20, Post wheat production is forecast higher than USDA at a record 20.8 million tons on larger planted area than USDA lifting exports to a record 14.3 million tons.

Argentina’s fuel ethanol production and consumption remains stable with 2019 forecast at 1.1 billion liters with no trade expected and the E12 mandate blend near 11.5 percent.