Hungary - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Fillet Price in Hungary - 2023
Contents:
- Frozen Catfish Fillet Price in Hungary (CIF) - 2023
- Frozen Catfish Fillet Price in Hungary (FOB) - 2022
- Frozen Catfish Fillet Imports in Hungary
- Frozen Catfish Fillet Exports in Hungary
Frozen Catfish Fillet Price in Hungary (CIF) - 2023
The average frozen catfish fillet import price stood at $4,328 per ton in August 2023, rising by 2.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 59% month-to-month. Over the period under review, average import prices attained the maximum at $4,812 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($10,671 per ton), while the price for the Netherlands ($2,933 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Catfish Fillet Price in Hungary (FOB) - 2022
In 2022, the average frozen catfish fillet export price amounted to $4,897 per ton, rising by 33% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $5,434 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($13,730 per ton), while the average price for exports to Croatia ($3,338 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 Serbia (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Fillet Imports in Hungary
Frozen catfish fillet imports into Hungary reached 1.7K tons in 2022, leveling off at 2021 figures. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, frozen catfish fillet imports surged to $6M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Frozen Catfish Fillet in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 394 | 775 | 1,162 | 1,597 | 59.4% |
| Poland | 993 | 361 | 303 | 1,256 | 8.1% |
| Netherlands | 1,162 | 1,030 | 1,055 | 1,222 | 1.7% |
| Vietnam | 459 | 836 | 1,248 | 917 | 25.9% |
| Slovakia | 252 | 169 | 558 | 486 | 24.5% |
| Denmark | 592 | 274 | 266 | 190 | -31.5% |
| Germany | 327 | 118 | 52.3 | 106 | -31.3% |
| Others | 291 | 201 | 180 | 178 | -15.1% |
| Total | 4,472 | 3,764 | 4,824 | 5,953 | 10.0% |
Top Suppliers of Frozen Catfish Fillet to Hungary in 2022:
- Slovenia (486.7 tons)
- Poland (342.4 tons)
- Netherlands (316.9 tons)
- Vietnam (312.2 tons)
- Denmark (81.0 tons)
- Slovakia (71.8 tons)
- Germany (22.1 tons)
Frozen Catfish Fillet Exports in Hungary
Frozen catfish fillet exports from Hungary surged to 174 tons in 2022, growing by 163% on 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen catfish fillet exports surged to $853K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Catfish Fillet in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 22.6 | 23.7 | 54.8 | 277 | 130.6% |
| Serbia | N/A | 47.4 | 42.7 | 213 | 112.0% |
| Slovakia | 159 | 54.1 | 65.3 | 114 | -10.5% |
| Austria | 83.2 | 45.7 | 58.1 | 102 | 7.0% |
| Italy | 13.2 | N/A | 0.1 | 80.8 | 82.9% |
| Croatia | 89.6 | 16.4 | 9.0 | 25.9 | -33.9% |
| Bulgaria | N/A | N/A | N/A | 23.9 | 0% |
| Others | 9.0 | 6.0 | 14.5 | 17.0 | 23.6% |
| Total | 377 | 193 | 244 | 853 | 31.3% |
Top Export Markets for Frozen Catfish Fillet from Hungary in 2022:
- Serbia (54.9 tons)
- Lithuania (52.1 tons)
- Slovakia (20.9 tons)
- Austria (18.3 tons)
- Italy (13.6 tons)
- Croatia (7.8 tons)
- Bulgaria (4.6 tons)
This report provides an in-depth analysis of the frozen catfish fillets 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 2025.
Product coverage:
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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