Hungary commodities production evolution

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On June 6, 2018, Posted by , In Nos articles, By ,, , With No Comments

Hungary commodities production evolution 2012 to 2017

Magyarország

The very favourable climate of 2016 produced good results in crop production in Hungary. The optimum weather of the winter months, the heavy rains in May, and the surprisingly cooler and rainier summer made the conditions ideal for the growth of arable crops, as opposed to the disadvantageous weather in 2015 that had reduced the yield prospects.

From the perspective of cultivation, oil crops were also very favourable in 2016 and 2017. Sunflowers were harvested on the largest area of all time in 2016 (642 thousand hectares) and even more in 2017 with 696 thousand hectares. The average yield for 2016 was never experienced in Hungary (2.95 tonnes/hectare). For 2017, the average yield is slightly less at 2.87 tonnes/hectares. Hungarian exports and the trade balance of agro-food products have expanded significantly in recent years, gaining a major macroeconomic role. Following the trend of the last two years, exports of agro-food products increased further.

 

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