Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary - 2023

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary (FOB) - 2022
  2. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary (CIF) - 2022
  3. Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary
  4. Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary (FOB) - 2022

The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $1,613 per unit in 2022, rising by 21% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 140% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +9.6% per year.

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary (CIF) - 2022

The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $875 per unit in 2022, shrinking by -2.8% against the previous year. Over the period under review, the import price recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22%. The import price peaked at $1,289 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Austria.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to -1.1% per year.

Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary

In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses exported from Hungary surged to 856 units, jumping by 20% on 2021 figures. In general, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 269%. As a result, the exports reached the peak of 2.2K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of bovine animals; live, other than pure-bred breeding animalses surged to $1.4M in 2022. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 235% against the previous year. As a result, the exports attained the peak of $2.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria0.82.70.91.420.5%
OthersN/A0.1N/AN/A0%
Total0.82.81.01.420.5%

Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Hungary in 2022:

  1. Austria (856.0 units)

Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary

In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses imported into Hungary soared to 79 units, growing by 84% compared with 2021 figures. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 376% against the previous year. As a result, imports attained the peak of 295 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses surged to $69K in 2022. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 272% against the previous year. As a result, imports reached the peak of $218K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria58.621838.769.15.6%
OthersN/AN/AN/AN/A0%
Total58.621838.769.15.6%

Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Hungary in 2022:

  1. Austria (79.0 units)

Source: IndexBox Market Intelligence Platform

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