Higher Prices Lift Farm Sector Output Value 17% in 2022

Crops

The gross output value of Hungary's farm sector rose 17% to HUF 3.998 trillion last year as volume fell but prices climbed, data compiled by the Central Statistical Office (KSH) show.

The value of crop output increased by 9% to HUF 2.282 tln and the value of animal and animal products output rose 36% to HUF 1.478 tln.

While output volume fell by 18%, prices increased by 42%.

The gross value added of the sector dropped 11% to HUF 1.226 tln.

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