Hungary - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in Hungary - 2023
Contents:
- Fresh Beef Carcase Price in Hungary (FOB) - 2023
- Fresh Beef Carcase Price in Hungary (CIF) - 2023
- Fresh Beef Carcase Exports in Hungary
- Fresh Beef Carcase Imports in Hungary
Fresh Beef Carcase Price in Hungary (FOB) - 2023
The average fresh beef carcase export price stood at $4,238 per ton in June 2023, falling by -5.3% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 17% m-o-m. Over the period under review, the average export prices attained the maximum at $4,704 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was the Netherlands ($4,320 per ton), while the average price for exports to Romania ($3,879 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Fresh Beef Carcase Price in Hungary (CIF) - 2023
The average fresh beef carcase import price stood at $5,990 per ton in June 2023, growing by 5.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in December 2022 when the average import price increased by 15% against the previous month. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($10,877 per ton), while the price for Austria ($5,167 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 Italy (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Beef Carcase Exports in Hungary
For the third consecutive year, Hungary recorded decline in overseas shipments of fresh or chilled carcases of beef and veal, which decreased by -21.3% to 6.5K tons in 2022. Overall, exports continue to indicate a abrupt contraction. The smallest decline of -4.3% was in 2021.
In value terms, fresh beef carcase exports declined to $29M in 2022. In general, exports showed a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.
| Export of Fresh Beef Carcase in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 15.2 | 12.6 | 17.4 | 18.3 | 6.4% |
| Austria | 4.9 | 3.8 | 4.4 | 3.3 | -12.3% |
| Denmark | 4.2 | 3.3 | 2.9 | 3.1 | -9.6% |
| Germany | 0.1 | 0.6 | 1.5 | 1.7 | 157.1% |
| Romania | 1.5 | 2.1 | 1.3 | 0.9 | -15.7% |
| Poland | 1.9 | 0.9 | 0.9 | 0.2 | -52.8% |
| Belgium | 1.2 | 0.1 | N/A | N/A | -91.7% |
| Others | 1.9 | 0.8 | 1.6 | 1.1 | -16.7% |
| Total | 30.9 | 24.2 | 30.0 | 28.6 | -2.5% |
Top Export Markets for Fresh Beef Carcase from Hungary in 2022:
- Netherlands (4268.9 tons)
- Austria (817.1 tons)
- Denmark (535.3 tons)
- Germany (383.9 tons)
- Romania (207.7 tons)
- Poland (35.3 tons)
Fresh Beef Carcase Imports in Hungary
In 2022, supplies from abroad of fresh or chilled carcases of beef and veal was finally on the rise to reach 2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep contraction.
In value terms, fresh beef carcase imports amounted to $10M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh Beef Carcase in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 1.7 | 2.7 | 3.6 | 19.7% |
| Austria | 3.9 | 4.2 | 3.7 | 3.3 | -5.4% |
| Poland | 1.6 | 2.0 | 1.7 | 1.7 | 2.0% |
| Romania | 2.0 | N/A | 0.6 | 0.7 | -29.5% |
| Belgium | N/A | N/A | N/A | 0.3 | 0% |
| Italy | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.6 | 0.2 | 0.4 | 0.5 | -5.9% |
| Total | 10.2 | 8.3 | 9.0 | 10.4 | 0.6% |
Top Suppliers of Fresh Beef Carcase to Hungary in 2022:
- Austria (718.1 tons)
- Netherlands (679.6 tons)
- Poland (330.1 tons)
- Romania (125.1 tons)
- Italy (67.8 tons)
- Belgium (32.3 tons)
This report provides an in-depth analysis of the fresh beef carcase 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 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
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
- 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 VOLUME AND VALUE
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
- 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
- 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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