Hungary - Salmon (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Salmon Price in Hungary - 2023
Contents:
- Preserved Salmon Price in Hungary (CIF) - 2022
- Preserved Salmon Price in Hungary (FOB) - 2022
- Preserved Salmon Imports in Hungary
- Preserved Salmon Exports in Hungary
Preserved Salmon Price in Hungary (CIF) - 2022
The average preserved salmon import price stood at $7,944 per ton in 2022, which is down by -5.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 48% against the previous year. Over the period under review, average import prices reached the maximum at $10,680 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Sweden ($17,072 per ton), while the price for Latvia ($3,245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Salmon Price in Hungary (FOB) - 2022
In 2022, the average preserved salmon export price amounted to $18,212 per ton, picking up by 19% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 203% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($20,949 per ton), while the average price for exports to Serbia ($12,543 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 (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Salmon Imports in Hungary
In 2022, supplies from abroad of salmon (prepared or preserved) decreased by -7.6% to 186 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, imports reached the peak of 215 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved salmon imports dropped to $1.5M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year.
Import of Preserved Salmon in Hungary (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 421 | 442 | 575 | 348 | -6.2% |
Sweden | 143 | 118 | 353 | 346 | 34.2% |
Austria | 0.3 | 56.4 | 144 | 232 | 817.9% |
Poland | 315 | 250 | 107 | 208 | -12.9% |
France | 52.4 | 115 | 128 | 142 | 39.4% |
Spain | N/A | 342 | 290 | 109 | -43.5% |
Slovakia | 31.6 | 33.5 | 46.8 | 43.1 | 10.9% |
Latvia | N/A | N/A | 36.5 | 40.7 | 11.5% |
Others | 9.8 | 175 | 9.9 | 7.0 | -10.6% |
Total | 973 | 1,531 | 1,690 | 1,476 | 14.9% |
Top Suppliers of Preserved Salmon to Hungary in 2022:
- Austria (36.9 tons)
- Poland (34.6 tons)
- Spain (27.4 tons)
- Germany (23.9 tons)
- Sweden (20.3 tons)
- France (19.1 tons)
- Latvia (12.5 tons)
- Slovakia (9.9 tons)
Preserved Salmon Exports in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of salmon (prepared or preserved), which increased by 3.1% to 17 tons in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 311%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, preserved salmon exports surged to $302K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 811% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Preserved Salmon in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 8.7 | 21.7 | 81.3 | 116 | 137.1% |
Slovakia | 1.0 | 0.1 | 44.6 | 81.9 | 334.3% |
Croatia | N/A | N/A | 53.1 | 60.6 | 14.1% |
Slovenia | N/A | N/A | 23.0 | 20.3 | -11.7% |
Bulgaria | N/A | N/A | 22.9 | 19.8 | -13.5% |
Others | 0.6 | 5.3 | 21.8 | 3.1 | 72.9% |
Total | 10.2 | 27.1 | 247 | 302 | 209.4% |
Top Export Markets for Preserved Salmon from Hungary in 2022:
- Romania (6.7 tons)
- Slovakia (4.5 tons)
- Croatia (3.1 tons)
- Slovenia (1.0 tons)
- Bulgaria (0.9 tons)
This report provides an in-depth analysis of the preserved salmon 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 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)
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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