Hungary - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Whole Chicken Price in Hungary - 2023
Contents:
- Frozen Whole Chicken Price in Hungary (CIF) - 2023
- Frozen Whole Chicken Price in Hungary (FOB) - 2023
- Frozen Whole Chicken Imports in Hungary
- Frozen Whole Chicken Exports in Hungary
Frozen Whole Chicken Price in Hungary (CIF) - 2023
The average frozen whole chicken import price stood at $1,653 per ton in August 2023, falling by -16.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 31% m-o-m. The import price peaked at $2,216 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,200 per ton), while the price for Ukraine ($1,536 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 Slovakia (+0.2%), while the prices for the other major suppliers experienced a decline.
Frozen Whole Chicken Price in Hungary (FOB) - 2023
In August 2023, the average frozen whole chicken export price amounted to $1,678 per ton, which is down by -27.6% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 64% against the previous month. The export price peaked at $2,839 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($3,848 per ton), while the average price for exports to Poland ($693 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Whole Chicken Imports in Hungary
Frozen whole chicken imports into Hungary soared to 993 tons in 2022, jumping by 28% compared with 2021 figures. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 336% against the previous year. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen whole chicken imports surged to $1.8M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 186% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Frozen Whole Chicken in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 828 | 54.3 | 1,065 | 13.4% |
| Slovakia | 87.1 | 108 | 520 | 354 | 59.6% |
| Netherlands | 2.4 | 2.5 | 214 | 115 | 263.2% |
| Poland | 218 | 523 | 180 | 111 | -20.1% |
| France | 275 | 392 | 25.9 | 46.9 | -44.5% |
| Bulgaria | N/A | N/A | 9.1 | 42.5 | 367.0% |
| Romania | N/A | N/A | 472 | 13.6 | -97.1% |
| Others | 79.1 | 37.6 | 38.0 | 48.8 | -14.9% |
| Total | 661 | 1,890 | 1,514 | 1,796 | 39.5% |
Top Suppliers of Frozen Whole Chicken to Hungary in 2022:
- Ukraine (650.8 tons)
- Slovakia (168.2 tons)
- Netherlands (53.0 tons)
- Poland (50.8 tons)
- Bulgaria (36.0 tons)
- France (9.9 tons)
- Romania (9.6 tons)
Frozen Whole Chicken Exports in Hungary
In 2022, frozen whole chicken exports from Hungary skyrocketed to 1.2K tons, with an increase of 131% against the previous year. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 267%. As a result, the exports attained the peak of 1.5K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen whole chicken exports surged to $2.3M in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 193% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Frozen Whole Chicken in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 235 | 643 | 135 | 997 | 61.9% |
| Belgium | 140 | 548 | 703 | 792 | 78.2% |
| Bulgaria | N/A | 414 | N/A | 171 | -35.7% |
| Moldova | 45.5 | 132 | 3.2 | 166 | 53.9% |
| Romania | 13.9 | 14.1 | 39.6 | 62.2 | 64.8% |
| Croatia | 31.8 | 109 | 8.4 | 46.8 | 13.7% |
| Austria | 112 | 30.6 | 19.8 | 34.3 | -32.6% |
| Ukraine | N/A | N/A | 64.1 | 14.2 | -77.8% |
| Others | 106 | 116 | 115 | 62.6 | -16.1% |
| Total | 684 | 2,006 | 1,088 | 2,347 | 50.8% |
Top Export Markets for Frozen Whole Chicken from Hungary in 2022:
- Slovakia (602.3 tons)
- Belgium (258.8 tons)
- Bulgaria (116.9 tons)
- Moldova (110.9 tons)
- Croatia (44.4 tons)
- Romania (41.3 tons)
- Austria (14.7 tons)
- Ukraine (9.5 tons)
This report provides an in-depth analysis of the frozen whole chicken 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 10122013 - Frozen whole chickens
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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