Economic Accounts for Agriculture in Hungary

This overview explores agricultural production trends across Hungary, using the latest Eurostat data and interactive visualizations to track changes in agricultural output in real terms.

Introduction

This report analyses long-term trends in Hungarian agricultural production based on Eurostat's Economic Accounts for Agriculture (EAA). The data, expressed as a year-on-year index (n-1 = 100), show real changes in output volumes across major product categories — from cereals and vegetables to livestock and dairy — offering insight into the structure and performance of the Hungary's farming sector.

Overall Crop Output

In 2024, crop output volume in Hungary decreased to 90.24 index points (-54.4 y/y), reflecting challenges from adverse weather patterns or reduced cultivated areas affecting crop yields.


Animal Production

In 2024, animal production volume in Hungary increased to 104.02 index points (+3.3 y/y), reflecting steady expansion in livestock herds and more stable supply chains responding to sustained demand across EU markets.


Fruit Production

In 2024, fruit production volume in Hungary rose to 102.77 index points (+1.6 y/y), as producers responded to higher consumer demand for fresh fruits and benefited from optimal growing conditions in Mediterranean and Central European regions.


Fresh Vegetable Production

In 2024, fresh vegetable production volume in Hungary fell to 100 index points (-13.1 y/y), suggesting modest challenges in cultivation practices or shifts in production focus toward higher-value specialty crops.


Cereal Production

In 2024, cereal production (including seeds) volume in Hungary fell to 84.3 index points (-80.1 y/y), as weather volatility and slight reductions in planting area affected harvest outcomes in key grain-producing countries.


Cattle Production

In 2024, cattle production volume in Hungary increased to 99.03 index points (+4.4 y/y), with steady herd management and improved breeding practices contributing to stable output levels across EU beef and dairy operations.


Pig Production

In 2024, pig production volume in Hungary increased to 107.84 index points (+7.1 y/y), as the sector expanded herd capacity and enhanced efficiency through modern production systems and feed optimisation strategies.


Poultry Production

In 2024, poultry production volume in Hungary fell to 104.15 index points (-1.3 y/y), as the industry faced modest headwinds from supply chain disruptions or temporary adjustments in response to market signals.


Other Production Categories

In addition to the main production categories highlighted above, Economic Accounts for Agriculture track numerous other agricultural products in Hungary:

  • Wheat and spelt: 88.76 index points (-49 y/y)
  • Milk: 103.17 index points (+3.5 y/y)
  • Eggs: 102.79 index points (+6.8 y/y)
  • Potatoes (including seeds): 110.68 index points (+4.4 y/y)
  • Tomatoes: 103.56 index points (-16.2 y/y)
  • Sheep and goats: 78.13 index points (-27 y/y)
  • Barley: 70.37 index points (-69.4 y/y)
  • Oats and summer cereal mixtures: 125.91 index points (-31.9 y/y)

Gross Value Added

In 2024, gross value added at basic prices in Hungary decreased to 83.74 index points (-92.8 y/y), suggesting pressures from lower farmgate prices or efficiency challenges affecting the sector's economic performance.


Net Value Added

In 2024, net value added at basic prices in Hungary decreased to 72.38 index points (-152.4 y/y), reflecting notable capital intensity increases or reduced margins affecting net returns after depreciation costs.


In 2024, gross fixed capital formation (excluding deductible VAT) in Hungary fell to 86.05 index points (-7.8 y/y), suggesting cautious investment patterns or capital constraints affecting the sector's capacity to modernize and expand production capabilities.


Agricultural Subsidies

In 2024, agricultural subsidies on products in Hungary fell to 103.15 index points (-1.4 y/y), as policy reforms and adjustments in agricultural support mechanisms led to modest reductions in direct product subsidies.


In recent period, agricultural taxes on products in Hungary amounted to N/A index points, .


Intermediate Consumption

Intermediate consumption represents inputs used in the production process, including energy, feed, fertilizers, and other materials. These indicators show how agricultural inputs evolve:

  • Total intermediate consumption: 102.38 index points (+2.1 y/y)
  • Energy and lubricants: 100.36 index points (+8.3 y/y)
  • Feedingstuffs (intermediate consumption): 103.97 index points (-1.9 y/y)
  • Fertilizers and soil improvers: 114.47 index points (+12.7 y/y)
  • Seeds and planting stock (intermediate consumption): 99.25 index points (+6.8 y/y)

Frequently Asked Questions

Agricultural production data from Eurostat's Economic Accounts for Agriculture is updated annually, typically released in the second half of the calendar year and covering data for the previous reporting year. All charts and indicators on this page update automatically when new data becomes available, enabling tracking of long-term trends.

The Economic Accounts for Agriculture (EAA, dataset code: aact_eaa05) is a comprehensive statistical framework developed by Eurostat that measures agricultural production, intermediate consumption, value added, and income from agricultural activities using national accounts methodology. EAA enables analysis of changes in the agricultural sector in both nominal terms (at current prices) and real terms (adjusted for inflation), providing insights into the structure and performance of Hungary's farming sector.

Changes in agricultural production are measured using a year-on-year index (n-1 = 100), where the previous year serves as the base equal to 100. A value above 100 indicates growth compared to the previous year, while a value below 100 indicates a decline. For example, a value of 105 means a 5% increase in production volume. This approach eliminates the impact of inflation, showing real changes in output volumes rather than changes driven solely by price fluctuations.

Agricultural output in Hungary is influenced by multiple factors:

  • Weather conditions: temperature, precipitation, and extreme events
  • Availability of inputs: energy, fertilizers, feed, and seeds
  • Policy support mechanisms: Common Agricultural Policy subsidies and tax policies
  • Market demand: both domestic and export markets
  • Production technology: efficiency improvements and innovation
  • Structural changes: shifts in farming practices and sector organization

Year-to-year variations often reflect the interaction of these factors, with weather patterns and input costs being particularly significant drivers of short-term fluctuations.


Agricultural Accounts in Other Countries

Compare Hungary's results with other European economies to explore broader regional trends.


Methodology and Data Sources

All charts and indicators update automatically based on annual data published by Eurostat, typically released in the second half of the calendar year and covering data for the previous reporting year.