Price for Cattle; Live, Pure-Bred Breeding Animals in Hungary - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Hungary (FOB) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Hungary (CIF) - 2023
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Hungary
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Hungary
Price for Cattle; Live, Pure-Bred Breeding Animals in Hungary (FOB) - 2023
In July 2023, the average export price for cattle; live, pure-bred breeding animalses amounted to $2,922 per unit, increasing by 4.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in November 2022 an increase of 11% against the previous month. The export price peaked in July 2023.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Turkey ($3,056 per unit) and Belarus ($3,039 per unit), while the average price for exports to North Macedonia ($2,142 per unit) and Austria ($2,144 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in Hungary (CIF) - 2023
In June 2023, the average import price for cattle; live, pure-bred breeding animalses amounted to $2,479 per unit, growing by 6.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in November 2022 an increase of 14% m-o-m. Over the period under review, average import prices reached the peak figure in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($2,562 per unit) and Denmark ($2,524 per unit), while the price for Belgium ($1,756 per unit) and Italy ($1,864 per unit) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cattle; Live, Pure-Bred Breeding Animals in Hungary
In 2022, overseas shipments of cattle; live, pure-bred breeding animalses decreased by -63.8% to 21K units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 154%. As a result, the exports attained the peak of 57K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cattle; live, pure-bred breeding animals exports fell dramatically to $43M in 2022. In general, exports showed a pronounced setback. The pace of growth was the most pronounced in 2020 when exports increased by 72%. Over the period under review, the exports attained the peak figure at $90M in 2021, and then fell dramatically in the following year.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 27.6 | 13.9 | 20.9 | 13.5 | -21.2% |
| Turkey | 7.5 | 20.9 | 23.8 | 11.0 | 13.6% |
| Austria | 1.1 | 1.1 | 2.0 | 2.0 | 22.1% |
| Belarus | N/A | N/A | N/A | 1.9 | 0% |
| Azerbaijan | 0.9 | 3.3 | 5.7 | 1.8 | 26.0% |
| Germany | N/A | 0.5 | 1.0 | 1.8 | 89.7% |
| Uzbekistan | N/A | 16.8 | 13.6 | 1.7 | -68.2% |
| Kazakhstan | 1.1 | 8.6 | 3.1 | 1.6 | 13.3% |
| Romania | 0.5 | 0.5 | 0.7 | 1.1 | 30.1% |
| Serbia | 0.9 | 3.9 | 2.3 | 0.9 | 0.0% |
| Spain | N/A | 0.2 | 0.5 | 0.8 | 100.0% |
| Greece | 1.2 | 0.9 | 1.8 | 0.7 | -16.4% |
| Ukraine | N/A | 1.8 | 3.0 | 0.6 | -42.3% |
| Others | 5.4 | 7.1 | 11.7 | 3.7 | -11.8% |
| Total | 46.3 | 79.5 | 90.1 | 43.1 | -2.4% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Hungary in 2022:
- Russia (5.8K units)
- Turkey (5.1K units)
- Austria (1.3K units)
- Serbia (0.9K units)
- Germany (0.9K units)
- Belarus (0.8K units)
- Uzbekistan (0.8K units)
- Azerbaijan (0.7K units)
- Spain (0.7K units)
- Kazakhstan (0.6K units)
- Romania (0.5K units)
- Greece (0.4K units)
- Ukraine (0.3K units)
Imports of Cattle; Live, Pure-Bred Breeding Animals in Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of cattle; live, pure-bred breeding animalses, when their volume decreased by -78.5% to 8.3K units. Overall, imports, however, saw notable growth. The growth pace was the most rapid in 2021 when imports increased by 270%. As a result, imports attained the peak of 38K units, and then dropped notably in the following year.
In value terms, cattle; live, pure-bred breeding animals imports fell notably to $12M in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 162%. As a result, imports reached the peak of $42M, and then contracted remarkably in the following year.
| Import of Cattle; Live, Pure-Bred Breeding Animals in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 8.6 | 23.5 | 4.5 | 6.7% |
| Italy | N/A | N/A | N/A | 2.0 | 0% |
| Denmark | 1.6 | 0.2 | N/A | 1.9 | 5.9% |
| Slovakia | 0.9 | 0.9 | 3.3 | 1.6 | 21.1% |
| Netherlands | 1.1 | 2.9 | 9.8 | 0.9 | -6.5% |
| Czech Republic | 1.5 | 0.9 | 1.2 | 0.8 | -18.9% |
| Austria | 0.4 | 1.0 | 1.6 | 0.4 | 0.0% |
| Others | 0.1 | 1.6 | 2.6 | N/A | 409.9% |
| Total | 9.2 | 16.0 | 42.0 | 12.0 | 9.3% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Hungary in 2022:
- Germany (3.0K units)
- Italy (1.6K units)
- Denmark (1.2K units)
- Slovakia (1.0K units)
- Netherlands (0.6K units)
- Czech Republic (0.5K units)
- Austria (0.2K units)
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