Hungary - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Pork Cut Price in Hungary - 2023
Contents:
- Frozen Pork Cut Price in Hungary (FOB) - 2023
- Frozen Pork Cut Price in Hungary (CIF) - 2023
- Frozen Pork Cut Exports in Hungary
- Frozen Pork Cut Imports in Hungary
Frozen Pork Cut Price in Hungary (FOB) - 2023
The average frozen pork cut export price stood at $3,214 per ton in July 2023, falling by -3.8% against the previous month. Over the period under review, export price indicated resilient growth from July 2022 to July 2023: its price increased at an average monthly rate of +5.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, frozen pork cut export price increased by +26.4% against April 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 43% against the previous month. Over the period under review, the average export prices reached the maximum at $3,341 per ton in June 2023, and then declined slightly in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Spain ($4,150 per ton), while the average price for exports to Romania ($2,499 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Pork Cut Price in Hungary (CIF) - 2023
In June 2023, the average frozen pork cut import price amounted to $1,969 per ton, shrinking by -13.2% against the previous month. Over the period under review, import price indicated modest growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, frozen pork cut import price decreased by -25.7% against April 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 24% m-o-m. The import price peaked at $2,650 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2,439 per ton), while the price for Austria ($1,515 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Pork Cut Exports in Hungary
After three years of growth, overseas shipments of frozen hams, shoulders and cuts of pig meat decreased by -38.3% to 3.1K tons in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 55%.
In value terms, frozen pork cut exports fell notably to $6.5M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year.
Export of Frozen Pork Cut in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 3,331 | 4,663 | 6,307 | 3,631 | 2.9% |
Romania | 800 | 529 | 732 | 999 | 7.7% |
Poland | 77.0 | 171 | 418 | 609 | 99.2% |
Vietnam | N/A | 224 | 1,308 | 493 | 48.4% |
Singapore | N/A | N/A | N/A | 256 | 0% |
Serbia | N/A | 1.7 | 13.7 | 113 | 715.3% |
Congo | N/A | 106 | 285 | 80.9 | -12.6% |
Bulgaria | 331 | 75.3 | 235 | 27.1 | -56.6% |
Hong Kong SAR | N/A | 1,064 | 33.6 | N/A | -96.8% |
Others | 633 | 773 | 715 | 292 | -22.7% |
Total | 5,173 | 7,607 | 10,048 | 6,502 | 7.9% |
Top Export Markets for Frozen Pork Cut from Hungary in 2022:
- Spain (1184.7 tons)
- Romania (634.9 tons)
- Poland (421.2 tons)
- Vietnam (299.9 tons)
- Singapore (174.2 tons)
- Serbia (75.5 tons)
- Congo (75.0 tons)
- Bulgaria (20.9 tons)
Frozen Pork Cut Imports in Hungary
In 2022, frozen pork cut imports into Hungary fell markedly to 2.5K tons, reducing by -21.2% compared with 2021. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 3.2K tons, and then contracted sharply in the following year.
In value terms, frozen pork cut imports declined modestly to $4.1M in 2022. Overall, imports saw a noticeable descent. The smallest decline of -0.5% was in 2020.
Import of Frozen Pork Cut in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,611 | 762 | 987 | 1,196 | -9.5% |
Spain | 659 | 367 | 281 | 1,099 | 18.6% |
Austria | 858 | 536 | 394 | 724 | -5.5% |
Germany | 216 | 1,462 | 1,953 | 590 | 39.8% |
Estonia | 243 | 99.8 | 281 | 208 | -5.1% |
Lithuania | N/A | N/A | 22.4 | 164 | 632.1% |
Slovakia | 3.8 | 556 | 136 | 53.5 | 141.5% |
Italy | 246 | N/A | N/A | 35.1 | -47.7% |
Netherlands | 221 | 228 | 27.6 | 8.8 | -65.9% |
United Kingdom | 551 | 496 | N/A | N/A | -10.0% |
Others | 69.2 | 150 | 118 | 35.0 | -20.3% |
Total | 4,678 | 4,657 | 4,200 | 4,114 | -4.2% |
Top Suppliers of Frozen Pork Cut to Hungary in 2022:
- Poland (901.5 tons)
- Germany (461.2 tons)
- Austria (438.4 tons)
- Spain (386.1 tons)
- Estonia (144.4 tons)
- Lithuania (61.2 tons)
- Slovakia (57.1 tons)
- Italy (19.8 tons)
- Netherlands (1.2 tons)
This report provides an in-depth analysis of the frozen pork cut market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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