Hungary: bakery product manufacturing turnover

The turnover of the food product manufacturing industry in Hungary increased by 4 billion euros (+33.15 percent) in 2022 in comparison to the previous year. Therefore, the turnover in Hungary reached a peak in 2022 with 16.2 billion euros.
Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.

Find more statistics on other topics about Hungary with key insights such as production value of the processing and preserving industry of meat and meat products, number of enterprises in the wood and products of wood and cork manufacturing industry, and turnover of the plastic products manufacturing industry.

Annual turnover of the manufacture of bakery and farinaceous products in Hungary from 2012 to 2022 (in million euros)

Characteristic	Turnover in million euros
2022p	16,242.63
2021	12,199.09
2020	10,883.8
2019	11,080.6
2018b	10,762.4
2017	10,382.2
2016	9,809.6
2015	9,566.8
2014	9,332.2
2013	9,584.5
2012	9,500.1

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Release date

March 2024

More information

Region

Hungary

Survey time period

2012 to 2022

Supplementary notes

b: Break in time series.
p: Provisional value.
The source adds the following information: 'Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced by the unit to its customer and other similar deductible taxes directly linked to turnover, it also includes all other charges (transport, packaging, etc.) passed on to the customer. Price reductions, rebates and discounts as well as the value of returned packing must be deducted.'

Data coverage corresponds to code C1071 and C1072 of CE Rev 2 (Manufacture of bread, manufacture of fresh pastry goods and cakes, Manufacture of rusks and biscuits, manufacture of preserved pastry goods and cakes).

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