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Budapest Times
30-05-2025
- Business
- Budapest Times
Mixed trends in trade as exports slip and imports gain
The volume of export decreased by 2.3%, while that of import lessened by 0.1% in April 2025, compared to the same period of the previous year. The surplus was EUR 1.4 billion, the balance lessened by EUR 354 million, year-on-year. The adjusted volume of export improved by 3.4% compared to March 2025, that of import increased by 1.1%. In April 2025 the value of export amounted to EUR 12.3 billion (HUF 5,021 billion), that of import was EUR 11.0 billion (HUF 4,460 billion). In April 2025 compared to a year earlier the value of export decreased by 1.5% and that of import improved by the same rate in EUR terms. According to calendar-adjusted data, the volume of export increased by 0.4%, that of import by 2.1%. The balance of the external trade in goods decreased by EUR 354 million. The HUF price level of the external trade in goods increased by 4.4% in export and by 5.2% in import, compared to the same month of the previous year. The terms of trade worsened by 0.8%. The HUF exchange rate depreciated by 3.6% against the EUR and strengthened by 0.9% against the US dollar. The export volume of machinery and transport equipment increased by 0.5%, its import volume by 0.9%. The aggregate commodity group counterbalanced the volume decrease in total turnover by 0.3 percentage points on the export side, and by 0.4 percentage points on the import one. The export volume of manufactured goods decreased by 7.5%, their import volume lessened by 7.4%. The aggregate commodity group deepened the total turnover's volume decrease in export by 2.3 percentage points and by 2.9 percentage points in import. The export volume of fuels and electric energy increased by 39%, their import volume was 43% higher than one year earlier. The growth in the turnover of fuels and electric energy counterbalanced the volume decrease in total turnover by 1.1 percentage points in export and by 2.6 percentage points in import. The export volume of food, beverages and tobacco lessened by 13%, their import volume decreased by 2.0%. The volume change realised by the aggregate commodity group hastened the export volume decrease by 1.0 percentage point, and moved the turnover in a negative direction on the import one by 0.1 percentage points. The volume of export to the EU-27 member states decreased by 3.5%, the import from there by 6.3%. The balance of the external trade in goods improved by EUR 29 million, generating a surplus of EUR 1.4 billion. This group of countries accounted for 74% of exports and 71% of imports. In the extra-EU-27 trade the volume of export increased by 2.8%, that of import improved by 16%. The balance of the external trade in goods with these countries worsened by EUR 383 million, showing a deficit of EUR 41 million. In January–April 2025 the value of exports amounted to EUR 50.0 billion (HUF 20,257 billion), that of imports to EUR 44.6 billion (HUF 18,090 billion). In January–April 2025 compared to one year earlier the volume of export increased by 0.5%, that of import grew by 1.9%. The balance of the external trade in goods decreased by EUR 267 million, the surplus was EUR 5.4 billion. The HUF price level of the external trade in goods increased by 5.4% on the export side, and by 4.8% on the import one, compared to the same period of the previous year. The terms of trade improved by 0.6%. The HUF depreciated against the EUR by 4.2% and by 5.6% against the US dollar.
Business Times
26-05-2025
- Business
- Business Times
Macron's Asean trip showcases EU's Asia pivot
US PRESIDENTS since at least Bill Clinton have sought to re-orientate US foreign policy towards Asia. And more recently, Europe has sought to emulate this 'pivot' to the world's fastest-growing economic region, as showcased this week by French President Emmanuel Macron's big trip to three Asean nations. Macron's visit to Vietnam, Indonesia and Singapore, which follows previous trips to the region by other European leaders including Spanish Prime Minister Pedro Sanchez in April, comes as the 27-member EU is under the threat of 50 per cent tariffs from the US President Donald Trump – now in abeyance following a weekend call between the American leader and EU chief Ursula von der Leyen. In any case, Europe is looking to bolster commercial ties in Asia, including diversifying supply chains. The Asia and wider Pacific region is home to around three-fifths of the world's population. It accounts for some 60 per cent of global gross domestic product, about two-thirds of global growth, around 40 per cent of the European Union's total imports and, together with the EU-27, drives some 70 per cent of global trade too. The big Macron trip began on Sunday (May 25) in Vietnam, the first visit by a French president there in about a decade. He wants to grow the existing 5.3 billion euro (S$7.7 billion) trade relationship with Vietnam, including in areas such as energy, technology and infrastructure, with Hanoi an increasingly important trade partner of Paris. Numerous business agreements have been signed on Sunday and Monday, including a power grid deal between the French Development Agency and Vietnam's National Power Transmission Corporation. In Indonesia from Tuesday, Macron will meet with both Indonesian President Prabowo Subianto and Asean Secretary General Kao Kim Hourn. The French president's pitch to these two leaders is that France and Europe are defenders of the international rules-based order, in contrast to the Trump team's approach in Washington. Macron then moves onto Singapore, where his agenda includes speaking at the annual Shangri-La Dialogue, Asia's top defence conference. Reportedly, he will argue that Russia is destabilising Asia by 'making North Korean soldiers fight on European soil against Ukrainians and by supporting North Korea's ballistic and nuclear programmes'. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Macron's visit is only the latest European overture to Asia in recent weeks. The entire European Commission, including President von der Leyen, visited New Delhi recently to kick-start trade talks with India. In July, the EU will also hold its latest annual summit with China in Beijing. The overall goal is to strengthen the partnership between the two regions based on mutual respect and equality, with respect to security, trade, global value chains, digitalisation, the green transition and energy security. The EU's underlying goal of engagement is to build a competitive advantage vis-a-vis other world powers. In von der Leyen's first term as European Commission president, the Brussels-based club agreed on a new Asia-Pacific strategy to reinforce its strategic focus, presence and actions in this region of prime strategic importance. The aim is to bolster regional stability, security, prosperity and sustainable development, at a time of rising challenges and tensions in the region, in a bid to uphold democracy, human rights, the rule of law and respect for international law. The EU's approach and engagement have multiple goals. As Macron is emphasising this week, this includes seeking to foster a rules-based world order, an international level playing field, an open and fair environment for trade and investment, reciprocity, the strengthening of resilience, tackling climate change and supporting connectivity with Europe. On the latter point, one reason that the EU is so keen to engage the Asia-Pacific more deeply is that it is at the cutting edge of digitalisation and technology. The EU has announced its intent to launch a regional branch for the Asia-Pacific region within the Digital for Development Hub with a view to fostering digital cooperation to support sustainable, inclusive digital transformation, plus new digital partnerships based on shared values and a common approach to a human-centric digital transformation Outside of economics, free and open maritime supply routes in full compliance with international law are key, too. Europe is working increasingly closely with key partners in the Asia-Pacific on security and defence, including malicious cyber activities, terrorism, and organised crime. Moreover, the EU has announced the extension of the concept of a coordinated maritime presence in the North-West Indian Ocean. This will allow the EU to further support stability and security in the Asia-Pacific, to optimise naval deployments, to promote coherence of European action and to facilitate the exchange of information and cooperation with partners in the region, including by conducting joint maritime exercises and port calls. Furthermore, the EU reaffirmed its determination to enhance its engagement in security and defence with partners in the region, for example, through strengthening its dialogues and bilateral relationships. Beyond trips of individual leaders such as Macron, European intent towards the Asia-Pacific is manifest in the wider, growing number of EU annual conferences with key emerging market giants such as India, plus major industrialised nations including Japan. This is also already allowing the EU to make headway in the massive region. One example is India, which forms the world's two largest democracies with the EU-27 as a whole, with both keen to forge stronger ties. The Brussels-based club is already India's largest single trade and investment partner, hence why the new proposed bilateral trade deal under discussion is a key potential prize for both parties. There are wider reasons behind converging interests, including a growing need to develop shared defence forums to discuss issues such as maritime security in the Indian Ocean, where two-fifths of bilateral trade passes. Yet, important as Europe's relations are with emerging markets, industrialised nations are important too. With Japan, for instance, the EU enjoys a growing agenda – for instance, the two powers have stepped up their leadership on international trade and the rules-based economic order. Japan is one of Europe's top export markets in the Asia-Pacific region. This agenda was given a fillip in 2019, when the EU-Japan Economic Partnership Agreement entered into force, covering around a third of global GDP and almost 650 million people. The accord took years to agree, and made headlines due to the scrapping of almost all duties on Japanese and European imports, respectively. These examples showcase why Macron, von der Leyen and other key European leaders see such a big opportunity in Asia. The massive region is a growing priority for the EU as it tries to steal a march on others – not least the United States – to try and drive economic and political advantage in the next decade and beyond. The writer is an associate at LSE Ideas at the London School of Economics
Budapest Times
05-05-2025
- Business
- Budapest Times
External trade surplus grows to EUR 1.8 billion
The volume of export surpassed the same period of the previous year's level by 5.0%, that of import by 6.4% in March 2025. The surplus was EUR 1.8 billion, the balance grew by EUR 173 million, year-on-year. The adjusted volume of export diminished by 0.3% compared to February 2025, that of import increased by 2.1%. In March 2025 the value of export amounted to EUR 13.4 billion (HUF 5,352 billion), that of import was EUR 11.6 billion (HUF 4,645 billion). In March 2025 compared to a year earlier the value of export increased by 8.5% and that of import improved by 8.1% in EUR terms. According to calendar-adjusted data, the volume of export decreased by 0.4%, that of import increased by 2.0%. The balance of the external trade in goods improved by EUR 173 million. The HUF price level of the external trade in goods increased by 4.5% in export and by 2.7% in import, compared to the same month of the previous year. The terms of trade improved by 1.8%. The HUF exchange rate depreciated by 1.1% against the EUR and by 1.7% against the US dollar. The export volume of machinery and transport equipment increased by 5.8%, its import volume by 5.9%. The aggregate commodity group of machinery and transport equipment strenghtened the volume increase in total turnover by 3.3 percentage points on the export side, and boosted the total turnover volume growth on the import side by 2.7 percentage points. The export volume of manufactured goods did not change, their import volume lessened by 2.6%. The aggregate commodity group of manufactured goods did not contribute significantly to the volume increase in total export, in import held the total turnover growth back by 1.0 percentage point. The export volume of fuels and electric energy increased by 71%, their import volume was 57% higher than one year earlier. The growth in the turnover of fuels and electric energy improved the volume increase in total turnover by 1.6 percentage points in export and by 4.2 percentage points on the import side. The export volume of food, beverages and tobacco improved by 0.3%, their import volume increased by 8.1%. The volume change realised by the aggregate commodity group did not have an impact in merit on the total turnover volume growth on the export side, and contributed to it on the import one by 0.5 percentage points. The volume of export to the EU-27 member states increased by 3.2%, the import from there by 3.9%. The balance of the external trade in goods decreased by EUR 191 million, generating a surplus of EUR 1.6 billion. This group of countries accounted for 74% of exports and 72% of imports. In the extra-EU-27 trade the volume of export increased by 18%, that of import improved by 10%. The balance of the external trade in goods with these countries improved by EUR 364 million, showing a surplus of EUR 152 million. In January–March 2025 the value of exports amounted to EUR 37.6 billion (HUF 15,233 billion), that of imports to EUR 33.7 billion (HUF 13,648 billion). In January–March 2025 compared to one year earlier the volume of export increased by 1.4%, that of import grew by 2.8%. The balance of the external trade in goods increased by EUR 30 million, the surplus was EUR 3.9 billion. The HUF price level of the external trade in goods increased by 5.7% on the export side, and by 4.6% on the import one, compared to the same period of the previous year. The terms of trade improved by 1.0%. The HUF depreciated against the EUR by 4.2% and by 7.6% against the US dollar.
Budapest Times
31-03-2025
- Business
- Budapest Times
External trade surplus drops significantly
The volume of export lessened by 13%, that of import slightly, by 0.5% in January 2025, compared to the same period of the previous year. The surplus was EUR 1.1 billion, the balance worsened by EUR 599 million, year-on-year. The seasonally and working day adjusted volume of export was 0.9% lower compared to January 2025, that of import by 0.1%. In February 2025 the value of export amounted to EUR 12.3 billion (HUF 4,958 billion), that of import was EUR 11.2 billion (HUF 4,499 billion). In February 2025 compared to a year earlier the value of export decreased by 3.3%, that of import improved by 1.6% in EUR terms. According to calendar-adjusted data, the volume of export decreased by 0.2%, that of import increased just as much. The balance of the external trade in goods worsened by EUR 599 million. The HUF price level of the external trade in goods increased by 7.3% in export and by 5.5% in import, compared to the same month of the previous year. The terms of trade improved by 1.7%. The HUF exchange rate depreciated by 3.9% against the EUR and by 7.7% against the US dollar. The export volume of machinery and transport equipment decreased by 17%, its import volume improved by 1.2%. The aggregate commodity group of machinery and transport equipment strenghtened the volume decrease in total turnover by 9.8 percentage points on the export side while slowed it on the import one by 0.6 percentage points. The export volume of manufactured goods decreased by 11%, while their import volume lessened by 8.9%. The aggregate commodity group of manufactured goods contributed to the volume loss in total export by 3.2 percentage points and strengthened the decrease in total import volume by 3.4 percentage points. The export volume of fuels and electric energy increased by 57%, their import volume was 28% higher than one year earlier. The turnover growth in fuels and electric energy counterbalanced the volume decrease in total turnover by 1.6 percentage points in export and offset the decrease in total import volume by 2.1 percentage points. The export volume of food, beverages and tobacco became 11% lower, their import volume decreased by 2.8% year-on-year. The volume change realised by the aggregate commodity group contributed to the total export decrease by 0.8 percentage points, while strengthened the import volume decline by 0.2 percentage points. The volume of export to the EU-27 member states lessened by 12%, the import from there by 1.6%. The balance of the external trade in goods deteriorated by EUR 520 million, generating a surplus of EUR 1.3 billion. This group of countries accounted for 75% of exports and 71% of imports. In the extra-EU-27 trade the volume of export decreased by 14%, that of import increased by 0.4%. The balance of the external trade in goods with these countries worsened by EUR 79 million, showing a deficit of EUR 206 million. In January–February 2025 the value of exports amounted to EUR 24.2 billion (HUF 9,872 billion), that of imports to EUR 22.2 billion (HUF 9,034 billion). In January–February 2025 compared to one year earlier the volume of export decreased by 1.3%, that of import grew by 0.6%. The balance of the external trade in goods decreased by EUR 240 million, the surplus was EUR 2.1 billion. The HUF price level of the external trade in goods increased by 7.2% on the export side, and by 7.0% on the import one, compared to the same period of the previous year. The terms of trade improved by 0.2%. The HUF depreciated against the EUR by 5.8% and by 11% against the US dollar.
Yahoo
18-03-2025
- Business
- Yahoo
Europe Sugar Free Energy Drinks Market Forecast Report 2025-2033 Featuring Britvic, Brynwood, Eckes-Granini, Keurig Dr Pepper, Ocean Spray, PepsiCo, Suntory, Coca-Cola, Kraft Heinz, Tropicana
European Sugar Free Energy Drinks Market Dublin, March 18, 2025 (GLOBE NEWSWIRE) -- The "Europe Sugar Free Energy Drinks Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to Europe sugar-free energy drinks market was worth US$ 4.37 billion in 2024 and is expected to grow to US$ 8.1 billion by 2033, at a CAGR of 7.11% during the period 2025-2033 Growing health awareness, rising demand for low-calorie drinks, and new product formulations fuel market growth. Consumers prefer sugar-free products with natural ingredients and functional properties, enhancing market growth. Rising Health-Focused Consumer BaseRising awareness of health and wellness is propelling demand for sugar-free energy drinks in Europe. Consumers are consciously cutting down on sugar intake as they are concerned about obesity, diabetes, and heart disease. Consequently, they are looking for energy drinks that do not lead to weight gain or a spike in blood sugar levels. This change in consumer demand has resulted in an upsurge in the range of sugar-free products. The companies also position their products as healthier alternatives by using natural sweeteners and functional ingredients to appeal to health-aware Fitness and Sports Nutrition TrendsThe fitness culture and active lifestyle boom have helped fuel the increasing popularity of sugar-free energy drinks. Sports persons, gym enthusiasts, and performance-seeking drink consumers prefer sugar-free energy drinks to consume high energy with minimal calorie intake. Most brands are launching products with BCAAs, electrolytes, and vitamins to serve this segment. Pre-workout and endurance-sustaining energy drinks' demand also drives European market growth. Jan 2024, BodyArmor is introducing BodyArmor Zero Sugar in 2024, a new no-sugar sports drink that provides all the benefits of its premium ones, with no grams of sugar or and Natural Ingredients GrowthPeople are becoming increasingly aware of the ingredients in their drinks, and the demand for functional and natural types is growing higher. Sugar-free energy beverages with supplemental vitamins, plant-based sources of caffeine, and herbal infusions such as ginseng and green tea are becoming more popular. Firms are pushing the boundaries by removing artificial preservatives and additives while adding nutritional value. The trend is part of the wider clean-label movement, which prompts brands to follow open labeling and health-oriented marketing. The Union of European Soft Drinks Associations has shown industry leadership by committing to a 10% decrease in added sugars in soft drinks by 2025 within the EU-27 market. The move is redefining product development strategy and manufacturing procedures within the in the Europe Sugar-Free Energy Drinks Market Regulatory Restrictions and Labeling RequirementsEuropean laws on energy drinks, artificial sweeteners, and caffeine levels pose challenges to producers. Harsh labeling regulations, such as caffeine alerts and health disclaimers, can affect marketing plans. Sales to minors and advertising have been banned in some nations, restricting market access. Adherence to changing food safety legislation necessitates ongoing product reformulation and greater transparency, complicating production and distribution Skepticism Towards Artificial SweetenersAlthough sugar-free energy drinks do away with refined sugar, most consumers are still wary of artificial sweeteners such as aspartame and sucralose. Fears over possible health implications, such as associations with metabolic disorders and gastrointestinal problems, have caused some consumers to shun these products. Companies need to overcome these fears by employing natural substitutes such as stevia and monk fruit and informing consumers about the safety and advantages of their products in order to sustain trust and product Sugar-Free Energy Drinks Glass Bottles MarketDemand for sugar-free energy drinks in glass bottles is on the rise with increasing demand for sustainable and premium packaging by consumers. Glass bottles are viewed as green and also ensure beverage freshness and taste. Brands use glass packaging to target environmentally aware consumers and improve product appearance. The premium category of sugar-free energy drinks, tending to target health-aware consumers, prefers glass packaging to match organic and natural Sugar-Free Energy Drinks Convenience Stores MarketConvenience stores are significant in retailing sugar-free energy drinks throughout Europe. Energy-boosting beverages that can be easily purchased in single servings are targeted by convenience stores, appealing to consumers seeking quick, accessible energy. The channel is utilized by brands by making the products widely available and offering smaller, portable packaging sizes. Sales are driven through impulse buying due to in-store displays and promotions, positioning convenience stores as an important retail channel for market Sugar-Free Energy Drinks Online Retail MarketThe growth of e-commerce has a considerable influence on the sugar-free energy drinks industry, with web retail platforms providing ease and choice. Energy drinks are being increasingly bought by consumers online through web-based marketplaces, company websites, and subscription platforms. This distribution channel enables brands to offer specialty flavors, bulk purchases, and direct-to-consumer promotional offers. Social media marketing and celebrity endorsements are also contributing to driving online sales, making online retail a vital component of market growth. Company Analysis: Overview, Key Persons, Recent Development, Revenue Britvic PLC Brynwood Partners Eckes-Granini Group GmbH Keurig Dr Pepper, Inc. Ocean Spray Cranberries, Inc. PepsiCo, Inc. Suntory Holdings Limited The Coca-Cola Company The Kraft Heinz Company Tropicana Brands Group Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $4.37 Billion Forecasted Market Value (USD) by 2033 $8.1 Billion Compound Annual Growth Rate 7.1% Regions Covered Europe Key Topics Covered: 1. Introduction2. Research & Methodology3. Executive Summary 4. Market Dynamic4.1 Growth Drivers4.2 Challenges5. Europe Sugar Free Energy Drinks Market6. Market Share Analysis6.1 By Product Type6.2 By Packaging Type6.3 By Distribution Channel6.4 By Country7. Product Type7.1 Caffeinated Energy Drink7.2 Non-Caffeinated Energy Drink7.3 Energy Drink7.4 Others8. Packaging Type8.1 Glass Bottles8.2 Metal Can8.3 PET Bottles9. Distribution Channel9.1 Off-trade9.1.1 Convenience Stores9.1.2 Online Retail9.1.3 Supermarket/Hypermarket9.1.4 Others9.2 On-trade10. Country10.1 Belgium10.2 France10.3 Germany10.4 Italy10.5 Netherlands10.6 Russia10.7 Spain10.8 Turkey10.9 United Kingdom10.10 Rest of Europe11. Porter's Five Forces Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Competition11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threats13. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment European Sugar Free Energy Drinks Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
