Price for Fish; Live, Ornamental, Freshwater in Hungary - 2023

Contents:

  1. Price for Fish; Live, Ornamental, Freshwater in Hungary (CIF) - 2022
  2. Price for Fish; Live, Ornamental, Freshwater in Hungary (FOB) - 2022
  3. Imports of Fish; Live, Ornamental, Freshwater in Hungary
  4. Exports of Fish; Live, Ornamental, Freshwater in Hungary

Price for Fish; Live, Ornamental, Freshwater in Hungary (CIF) - 2022

In 2022, the average fish; live, ornamental, freshwater import price amounted to $27,330 per ton, growing by 12% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; live, ornamental, freshwater import price increased by +120.9% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($65,100 per ton), while the price for Romania ($5,496 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Live, Ornamental, Freshwater in Hungary (FOB) - 2022

The average fish; live, ornamental, freshwater export price stood at $79,700 per ton in 2022, shrinking by -82.4% against the previous year. In general, the export price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2013 when the average export price increased by 3,236%. The export price peaked at $2,230,250 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +522.7% per year.

Imports of Fish; Live, Ornamental, Freshwater in Hungary

In 2022, imports of fish; live, ornamental, freshwater into Hungary plummeted to 10 tons, which is down by -21.3% compared with the previous year. Over the period under review, imports recorded a abrupt descent. The smallest decline of -13.6% was in 2021.

In value terms, fish; live, ornamental, freshwater imports fell to $274K in 2022. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of $309K, and then reduced in the following year.

Import of Fish; Live, Ornamental, Freshwater in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka94.111214499.92.0%
Thailand52.140.955.249.8-1.5%
Indonesia18.524.918.730.818.5%
Singapore57.152.041.830.6-18.8%
Vietnam14.34.9N/A24.219.2%
Israel8.2N/A17.816.426.0%
Colombia9.47.011.413.713.4%
RomaniaN/AN/AN/A3.00%
Malaysia27.120.017.1N/A-20.6%
Others10.62.12.95.2-21.1%
Total291264309274-2.0%

Top Suppliers of Fish; Live, Ornamental, Freshwater to Hungary in 2022:

  1. Sri Lanka (3.5 tons)
  2. Thailand (2.1 tons)
  3. Indonesia (1.5 tons)
  4. Colombia (0.8 tons)
  5. Vietnam (0.6 tons)
  6. Romania (0.5 tons)
  7. Singapore (0.5 tons)
  8. Israel (0.5 tons)

Exports of Fish; Live, Ornamental, Freshwater in Hungary

In 2022, overseas shipments of fish; live, ornamental, freshwater decreased by -69.7% to 10 kg, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of 235 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fish; live, ornamental, freshwater exports reduced sharply to $797 in 2022. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Fish; Live, Ornamental, Freshwater in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A0.80%
Saudi ArabiaN/A1.34.8N/A269.2%
Poland15.910.2N/AN/A-35.8%
OthersN/A6.610.1N/A53.0%
Total15.918.114.90.8-63.1%

Top Export Markets for Fish; Live, Ornamental, Freshwater from Hungary in 2022:

  1. Malaysia (10.0 kg)

Source: IndexBox Market Intelligence Platform

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