Hungarian agriculture accounted for 2.1% of the EU’s agricultural output in 2016, up by 0.2 pp y/y. The agricultural sector accounted for 3.8% of the country’s total GDP and for 4.4% of the total gross value added (GVA). GVA generated in agriculture increased by 3.43% y/y from HUF 1,273bn in 2015 to HUF 1,317bn in 2016. Agricultural area in 2016 was 5.349mn ha, slightly above the 5.347mn ha in 2015. According to Central Statistical Office estimates, in 2016 there were 416,000 individual farms and 9,000 commercial farms. The average size of individual farms was 7.6 ha, which shows the large fragmentation of the Hungarian agricultural sector, even though the figure increased from the 5.6 ha in the previous farm survey from 2013. The average size of an agricultural enterprise was 253 ha in 2016, down from 310 ha in 2013.

01 EXECUTIVE SUMMARY

Sector in Numbers

Sector Overview

Sector Snapshot

Sector Outlook

Driving Forces

Restraining Forces

02 SECTOR IN FOCUS

Main Economic Indicators

Main Industry Indicators

Agricultural Output

Gross Value Added

Regional Positioning

External Trade

Exports

Imports

Agricultural Land

Agricultural Inputs

Prices

Investments

Employment

Agricultural Labour

03 COMPETITIVE LANDSCAPE

Timeline Hungary Agriculture

Highlights

Top Companies

Top M&A Deals

04 COMPANIES IN FOCUS

Hunland-Trade Kft.

Baromfi-Coop Kft.

Tranzit-Ker Zrt.

Boly-Zrt.

Pioneer Hi-Bred Zrt.

05 REGULATORY ENVIRONMENT

Main Regulatory Bodies

Government Policy

Supra-National Law

06 CROP PRODUCTION

Highlights

Main Events

Output

Cereals

Focus Point

Grain Maize, Wheat and Barley

Industrial Crops

Sunflower Seed and Rape Seed

Other Crops

Vegetables and Fruits

07 ANIMAL PRODUCTION

Highlights

Main Events

Output

Livestock

Meat Production

Animal Products