Hungary - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoultry Price in Hungary - 2023
Contents:
- Poultry Price in Hungary (FOB) - 2022
- Poultry Price in Hungary (CIF) - 2022
- Poultry Exports in Hungary
- Poultry Imports in Hungary
Poultry Price in Hungary (FOB) - 2022
The average poultry export price stood at $3,007 per ton in 2022, with an increase of 14% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25%. Over the period under review, the average export prices attained the maximum at $3,268 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,957 per ton), while the average price for exports to Ukraine ($411 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 Denmark (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Poultry Price in Hungary (CIF) - 2022
In 2022, the average poultry import price amounted to $2,585 per ton, with an increase of 18% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry import price increased by +44.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 26%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Germany ($3,586 per ton), while the price for the UK ($841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Poultry Exports in Hungary
Poultry exports from Hungary declined to 226K tons in 2022, waning by -7.6% on 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 245K tons, and then reduced in the following year.
In value terms, poultry exports expanded rapidly to $680M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +56.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 49%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Poultry in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 71.0 | 34.0 | 72.2 | 86.8 | 6.9% |
| Slovakia | 28.9 | 47.3 | 58.3 | 75.7 | 37.8% |
| France | 67.0 | 43.2 | 66.4 | 68.2 | 0.6% |
| Austria | 83.1 | 47.0 | 55.6 | 58.3 | -11.1% |
| Romania | 51.8 | 43.4 | 53.0 | 57.6 | 3.6% |
| Switzerland | 31.5 | 33.2 | 39.2 | 44.2 | 12.0% |
| Italy | 16.0 | 9.8 | 15.8 | 34.4 | 29.1% |
| Denmark | 9.0 | 11.8 | 24.2 | 32.1 | 52.8% |
| Bulgaria | 12.5 | 18.0 | 32.1 | 29.6 | 33.3% |
| United Kingdom | 23.5 | 18.0 | 37.6 | 26.2 | 3.7% |
| Czech Republic | 21.9 | 14.5 | 24.3 | 22.8 | 1.4% |
| Poland | 4.5 | 3.8 | 11.0 | 11.1 | 35.1% |
| Ukraine | 6.2 | 6.1 | 8.1 | 5.2 | -5.7% |
| Others | 153 | 103 | 148 | 128 | -5.8% |
| Total | 580 | 434 | 646 | 680 | 5.4% |
Top Export Markets for Poultry from Hungary in 2022:
- Slovakia (33.0K tons)
- Romania (27.7K tons)
- Germany (20.7K tons)
- Bulgaria (20.2K tons)
- Austria (16.5K tons)
- Ukraine (12.6K tons)
- Italy (11.6K tons)
- France (10.5K tons)
- Poland (9.1K tons)
- Czech Republic (6.9K tons)
- Denmark (6.6K tons)
- Switzerland (6.4K tons)
- United Kingdom (5.9K tons)
Poultry Imports in Hungary
Poultry imports into Hungary skyrocketed to 84K tons in 2022, picking up by 18% against 2021 figures. The total import volume increased at an average annual rate of +14.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, poultry imports surged to $218M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Poultry in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 39.5 | 42.4 | 48.9 | 71.7 | 22.0% |
| Ukraine | 0.3 | 22.5 | 23.9 | 41.1 | 415.5% |
| Romania | 10.7 | 21.2 | 30.1 | 35.1 | 48.6% |
| Netherlands | 10.6 | 13.4 | 16.2 | 19.4 | 22.3% |
| Austria | 13.5 | 12.7 | 12.1 | 12.9 | -1.5% |
| Slovakia | 10.5 | 7.5 | 6.0 | 11.6 | 3.4% |
| Czech Republic | 3.1 | 2.6 | 3.6 | 7.7 | 35.4% |
| Germany | 9.7 | 6.5 | 3.5 | 3.2 | -30.9% |
| Others | 10.5 | 11.2 | 12.1 | 14.7 | 11.9% |
| Total | 108 | 140 | 157 | 218 | 26.4% |
Top Suppliers of Poultry to Hungary in 2022:
- Poland (21.9K tons)
- Ukraine (18.4K tons)
- Romania (15.9K tons)
- Austria (7.8K tons)
- Netherlands (6.5K tons)
- Slovakia (4.0K tons)
- Czech Republic (3.9K tons)
- Germany (0.9K tons)
This report provides an in-depth analysis of the poultry 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:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
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
-
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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