Hungary: bakery product manufacturing turnover

In 2020, the turnover of the food product manufacturing industry in Hungary decreased by 240.4 million euros (-2.17 percent) since 2019. In total, the turnover declined to 10.8 billion euros in 2020. This decrease was preceded by an increase in turnover in this industry.

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 2010 to 2020 (in million euros)

Characteristic	Turnover in million euros
2020p	10,840.2
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
2011	9,050.4
2010	8,183.9

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Release date

May 2022

More information

Region

Hungary

Survey time period

2010 to 2020

Supplementary notes

p: Provisional value.
b: Break in time series.
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 NACE 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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