Hungary - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Norway Lobster Price in Hungary - 2023
Contents:
- Frozen Norway Lobster Price in Hungary (CIF) - 2022
- Frozen Norway Lobster Price in Hungary (FOB) - 2022
- Frozen Norway Lobster Imports in Hungary
- Frozen Norway Lobster Exports in Hungary
Frozen Norway Lobster Price in Hungary (CIF) - 2022
In 2022, the average frozen norway lobster import price amounted to $13,632 per ton, with an increase of 33% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 46% against the previous year. As a result, import price attained the peak level of $14,703 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($18,836 per ton), while the price for Slovenia ($8,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+49.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Norway Lobster Price in Hungary (FOB) - 2022
In 2022, the average frozen norway lobster export price amounted to $2,500 per ton, reducing by -50% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 a decrease of -1.2% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,878 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($4,000 per ton), while the average price for exports to the Netherlands totaled $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+12.5%), while the prices for the other major destinations experienced a decline.
Frozen Norway Lobster Imports in Hungary
In 2022, overseas purchases of frozen norway lobsters decreased by -33.1% to 1.9 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. As a result, imports reached the peak of 3.3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen norway lobster imports shrank to $26K in 2022. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of $38K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Frozen Norway Lobster in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 19.1 | 17.8 | 24.3 | 14.9 | -7.9% |
| Denmark | 6.7 | 4.3 | 3.3 | 4.6 | -11.8% |
| Belgium | N/A | N/A | N/A | 4.1 | 0% |
| Slovenia | N/A | N/A | 0.5 | 1.3 | 160.0% |
| Croatia | 2.5 | N/A | 1.2 | 1.1 | -23.9% |
| Spain | 3.1 | 15.6 | N/A | N/A | 403.2% |
| Others | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Total | 31.4 | 37.6 | 29.6 | 26.3 | -5.7% |
Top Suppliers of Frozen Norway Lobster to Hungary in 2022:
- Netherlands (963.0 kg)
- Denmark (478.0 kg)
- Belgium (219.0 kg)
- Slovenia (150.0 kg)
- Croatia (102.0 kg)
Frozen Norway Lobster Exports in Hungary
In 2022, approx. 2 kg of frozen norway lobsters were exported from Hungary; leveling off at 2021. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, frozen norway lobster exports shrank sharply to $5 in 2022. Over the period under review, exports recorded a significant decrease.
| Export of Frozen Norway Lobster in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Austria | N/A | 4.0 | 0% | ||
| Netherlands | 8.0 | 1.0 | -87.5% | ||
| Italy | 2.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 10.0 | 5.0 | -50.0% | ||
Top Export Markets for Frozen Norway Lobster from Hungary in 2022:
- Austria (1.0 kg)
- Netherlands (1.0 kg)
This report provides an in-depth analysis of the frozen norway lobster 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:
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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