Hungary - Fresh Or Chilled Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Carcase Price in Hungary - 2023
Contents:
- Fresh Pork Carcase Price in Hungary (FOB) - 2023
- Fresh Pork Carcase Price in Hungary (CIF) - 2023
- Fresh Pork Carcase Exports in Hungary
- Fresh Pork Carcase Imports in Hungary
Fresh Pork Carcase Price in Hungary (FOB) - 2023
The average fresh pork carcase export price stood at $3,179 per ton in August 2023, dropping by -3.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in December 2022 an increase of 10% against the previous month. The export price peaked at $3,325 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to Italy ($3,453 per ton) and Moldova ($3,285 per ton), while the average price for exports to the Netherlands ($3,088 per ton) and Bulgaria ($3,124 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Pork Carcase Price in Hungary (CIF) - 2023
In July 2023, the average fresh pork carcase import price amounted to $3,224 per ton, rising by 3.1% against the previous month. Overall, import price indicated a moderate increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% 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, fresh pork carcase import price increased by +55.7% against October 2022 indices. The pace of growth was the most pronounced in December 2022 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs in July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Slovakia ($3,243 per ton) and Spain ($3,240 per ton), while the price for Denmark ($3,098 per ton) and Belgium ($3,172 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Pork Carcase Exports in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas shipments of fresh or chilled carcases of pig meat, which increased by 9.3% to 36K tons in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, fresh pork carcase exports soared to $82M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh Pork Carcase in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 33.0 | 33.7 | 43.6 | 55.8 | 19.1% |
| Croatia | 5.3 | 5.5 | 3.9 | 7.1 | 10.2% |
| Moldova | 0.1 | 0.4 | 3.5 | 4.6 | 258.3% |
| Slovakia | 2.2 | 2.3 | 2.7 | 2.3 | 1.5% |
| Italy | 4.0 | 2.8 | 2.4 | 1.9 | -22.0% |
| Bosnia and Herzegovina | 0.1 | 0.7 | 1.5 | 1.9 | 166.8% |
| Montenegro | 1.3 | 1.6 | 0.8 | 1.8 | 11.5% |
| Slovenia | 1.6 | 2.5 | 2.2 | 1.4 | -4.4% |
| Others | 4.5 | 3.6 | 3.2 | 5.3 | 5.6% |
| Total | 52.1 | 53.1 | 63.8 | 82.1 | 16.4% |
Top Export Markets for Fresh Pork Carcase from Hungary in 2022:
- Romania (24.4K tons)
- Croatia (3.0K tons)
- Moldova (2.2K tons)
- Slovakia (1.0K tons)
- Montenegro (0.9K tons)
- Bosnia and Herzegovina (0.9K tons)
- Italy (0.8K tons)
- Slovenia (0.6K tons)
Fresh Pork Carcase Imports in Hungary
In 2022, the amount of fresh or chilled carcases of pig meat imported into Hungary dropped to 15K tons, approximately reflecting the previous year. In general, imports continue to indicate a significant contraction.
In value terms, fresh pork carcase imports rose sharply to $29M in 2022. Over the period under review, imports recorded a dramatic decline.
| Import of Fresh Pork Carcase in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 27.8 | 19.1 | 15.2 | 13.7 | -21.0% |
| Belgium | 8.5 | 6.9 | 7.7 | 11.7 | 11.2% |
| Netherlands | N/A | 0.1 | N/A | 1.4 | 274.2% |
| Italy | 1.3 | 0.6 | 0.2 | 0.8 | -14.9% |
| Germany | 0.9 | 1.1 | 1.8 | 0.6 | -12.6% |
| Croatia | 22.5 | 2.4 | N/A | N/A | -89.3% |
| Poland | 1.1 | 1.7 | 0.5 | N/A | -32.6% |
| Czech Republic | 5.7 | 2.4 | N/A | N/A | -57.9% |
| Others | 0.8 | 0.5 | 0.4 | 0.8 | 0.0% |
| Total | 68.8 | 34.7 | 25.7 | 29.1 | -24.9% |
Top Suppliers of Fresh Pork Carcase to Hungary in 2022:
- Czech Republic (undefinedK tons)
- Slovakia (6.6K tons)
- Belgium (6.3K tons)
- Netherlands (0.9K tons)
- Italy (0.5K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the fresh pork 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 10111230 - Fresh or chilled carcases and half-carcases, of pig meat (including fresh meat packed with salt as a temporary preservative)
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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