What is the price of olives per kilogram/pound in Hungary today?
The retail price range for Hungary olives is between US$ 4.15 and US$ 10.19 per kilogram or between US$ 1.88 and US$ 4.62 per pound(lb). Click here to see today's exact prices of olives in Hungary
The retail price range in Forint for olives is between HUF 1,447.12 and HUF 3,550.82 per kilogram or between HUF 656.29 and HUF 1,610.35 per pound(lb) in Budapest and Debrecen.
Wholesale prices
In 2024, the approximate wholesale price range for Hungary olives is between US$ 2.91 and US$ 7.13 per kilogram or between US$ 1.32 and US$ 3.24 per pound(lb).
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Hungary olives - Production, Exports, Imports, Seasons and HS Codes
The amount of olives shipped by Hungary in 2020 was 221 metric tons. In 2019 Hungary sold 256 tonnes of olives. Across 2019 alone, the demand for Hungary olives (fruits category) has escalated, with a change of 14.286 per cent compared to the year 2018. Between 2017 and 2019, olives' exports increased by 63.06 pc earning the country US$0.52m for the year 2019. Hungary's olives exports are classified as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
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Hungary olives export values
In 2019, Hungary supplied olives costing 0.52m USD, a surge of 39.78% from 2018's total olives export of 0.372m USD. The yearly change in value of Hungary olives between 2017 to 2018 was 29.617 percent.
The yearly change in the quantity of Hungary's olives exports between 2017 and 2019 was 63.06 per cent when compared to a variation of 14.286% in the growth rate between 2018 and 2019.
Hungary's stake of the world's total olives' exports in 2019 was 1.7 percent. The country holds position 3 in world exports of olives.
Export markets for Hungary olives ( in '000$ )
Hungary's best performing destinations for olives are Azerbaijan, Austria, Uzbekistan, Georgia and Russia.
Import/Export Trends
Hungary is a net exporter of olives. The annual growth of Hungary olives in value between 2015 to 2019 was 22%, per year, while annual growth in quantity through the same period was 21%, per annum.
Hungary brought in 5,306 tonnes of olives in 2019.