Hungary - Hen Eggs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChicken Egg Price in Hungary - 2023
Contents:
- Chicken Egg Price in Hungary (FOB) - 2022
- Chicken Egg Price in Hungary (CIF) - 2023
- Chicken Egg Exports in Hungary
- Chicken Egg Imports in Hungary
Chicken Egg Price in Hungary (FOB) - 2022
In 2022, the average chicken egg export price amounted to $6,073 per ton, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($14,106 per ton), while the average price for exports to Poland ($1,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Chicken Egg Price in Hungary (CIF) - 2023
In October 2023, the average chicken egg import price amounted to $3,204 per ton, increasing by 5.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 30% against the previous month. As a result, import price reached the peak level of $4,013 per ton. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($17,386 per ton), while the price for North Macedonia totaled $1,570 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chicken Egg Exports in Hungary
For the fourth year in a row, Hungary recorded growth in overseas shipments of chicken eggs, which increased by 10% to 10K tons in 2022. The total export volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, chicken egg exports soared to $61M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Chicken Egg in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.0 | 14.1 | 16.5 | 16.7 | 27.8% |
| Mexico | N/A | N/A | N/A | 16.3 | 0% |
| Romania | 7.7 | 6.7 | 8.4 | 4.7 | -15.2% |
| Turkey | 2.6 | 0.9 | 2.4 | 4.2 | 17.3% |
| Belgium | 0.4 | 0.5 | 0.1 | 2.6 | 86.6% |
| Belarus | 0.1 | 0.1 | 2.4 | 2.4 | 188.4% |
| Germany | 2.7 | 1.6 | 1.9 | 1.6 | -16.0% |
| Poland | N/A | 0.3 | 0.6 | 1.3 | 108.2% |
| Ukraine | 1.2 | 1.3 | 0.6 | 1.0 | -5.9% |
| Iran | N/A | N/A | 1.8 | 1.0 | -44.4% |
| Austria | 1.1 | 0.9 | 0.9 | 0.9 | -6.5% |
| Georgia | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Iraq | 2.3 | 2.5 | 3.2 | 0.8 | -29.7% |
| Others | 9.1 | 6.9 | 10.5 | 7.0 | -8.4% |
| Total | 35.2 | 35.8 | 49.8 | 61.4 | 20.4% |
Top Export Markets for Chicken Egg from Hungary in 2022:
- Russia (2433.7 tons)
- Mexico (1834.3 tons)
- Romania (1181.1 tons)
- Poland (1150.5 tons)
- Belgium (657.3 tons)
- Turkey (294.2 tons)
- Austria (289.9 tons)
- Germany (289.4 tons)
- Ukraine (281.7 tons)
- Belarus (226.9 tons)
- Iraq (221.6 tons)
- Georgia (189.3 tons)
- Iran (184.1 tons)
Chicken Egg Imports in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas purchases of chicken eggs, which increased by 72% to 23K tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chicken egg imports soared to $55M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chicken Egg in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.4 | 6.3 | 9.1 | 22.3 | 110.2% |
| France | 1.5 | 1.0 | 2.9 | 8.6 | 79.0% |
| Germany | 7.0 | 8.3 | 6.4 | 5.8 | -6.1% |
| Lithuania | 0.1 | N/A | 0.5 | 2.9 | 207.2% |
| Slovakia | 1.1 | 1.1 | 1.5 | 2.7 | 34.9% |
| Belgium | 0.1 | 0.5 | 0.3 | 2.3 | 184.4% |
| Czech Republic | 0.8 | 1.0 | 1.7 | 2.1 | 37.9% |
| Netherlands | 2.2 | 1.0 | 3.0 | 1.8 | -6.5% |
| Croatia | 1.0 | 1.0 | 1.3 | 1.5 | 14.5% |
| Spain | N/A | 0.5 | 0.2 | 1.2 | 54.9% |
| Romania | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Finland | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Others | 3.7 | 5.0 | 2.8 | 3.2 | -4.7% |
| Total | 20.5 | 26.3 | 30.2 | 55.5 | 39.4% |
Top Suppliers of Chicken Egg to Hungary in 2022:
- Poland (11.3K tons)
- France (2.4K tons)
- Slovakia (2.0K tons)
- Lithuania (1.6K tons)
- Romania (1.1K tons)
- Germany (0.9K tons)
- Belgium (0.7K tons)
- Czech Republic (0.6K tons)
- Netherlands (0.5K tons)
- Croatia (0.5K tons)
- Spain (0.5K tons)
- Finland (0.4K tons)
This report provides an in-depth analysis of the chicken egg 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:
- FCL 1062 - Hen eggs
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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Explore the top import markets for chicken egg and the key players in the global industry. Learn about the import values of countries like Germany, Netherlands, and Hong Kong SAR.
905
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