Hungary - Fresh Or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh Pork Other than Cuts or Carcases in Hungary - 2023
Contents:
- Price for Fresh Pork Other than Cuts or Carcases in Hungary (CIF) - 2023
- Price for Fresh Pork Other than Cuts or Carcases in Hungary (FOB) - 2023
- Imports of Fresh Pork Other than Cuts or Carcases in Hungary
- Exports of Fresh Pork Other than Cuts or Carcases in Hungary
Price for Fresh Pork Other than Cuts or Carcases in Hungary (CIF) - 2023
In August 2023, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $3,984 per ton, picking up by 2.9% against the previous month. In general, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for fresh or chilled pig meat other than cuts or carcases increased by +69.1% against August 2022 indices. The pace of growth was the most pronounced in March 2023 an increase of 14% month-to-month. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($4,972 per ton), while the price for France ($3,126 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh Pork Other than Cuts or Carcases in Hungary (FOB) - 2023
The average export price for fresh or chilled pig meat other than cuts or carcases stood at $4,065 per ton in September 2023, which is down by -3.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in December 2022 an increase of 9.2% against the previous month. The export price peaked at $4,218 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($6,264 per ton), while the average price for exports to the UK ($3,049 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh Pork Other than Cuts or Carcases in Hungary
In 2022, the amount of fresh or chilled pig meat other than cuts or carcases imported into Hungary surged to 87K tons, jumping by 15% on 2021. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases skyrocketed to $218M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh Pork Other than Cuts or Carcases in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 66.9 | 62.9 | 61.6 | 67.6 | 0.3% |
| Spain | 45.3 | 42.8 | 42.5 | 60.7 | 10.2% |
| Poland | 39.2 | 33.1 | 27.6 | 35.0 | -3.7% |
| Austria | 29.8 | 24.6 | 22.9 | 26.8 | -3.5% |
| Netherlands | 12.8 | 9.7 | 9.8 | 9.9 | -8.2% |
| Italy | 6.2 | 7.6 | 8.4 | 9.3 | 14.5% |
| France | 1.1 | 0.4 | 0.8 | 4.1 | 55.0% |
| Others | 8.0 | 7.1 | 6.5 | 4.9 | -15.1% |
| Total | 209 | 188 | 180 | 218 | 1.4% |
Top Suppliers of Fresh Pork Other than Cuts or Carcases to Hungary in 2022:
- Germany (29.3K tons)
- Spain (21.0K tons)
- Poland (16.2K tons)
- Austria (9.5K tons)
- Italy (3.9K tons)
- Netherlands (3.2K tons)
- France (2.0K tons)
Exports of Fresh Pork Other than Cuts or Carcases in Hungary
In 2022, overseas shipments of fresh or chilled pig meat other than cuts or carcases increased by 1% to 57K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a mild descent.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases reached $174M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Fresh Pork Other than Cuts or Carcases in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 57.0 | 53.7 | 43.3 | 46.0 | -6.9% |
| Slovakia | 7.5 | 5.7 | 17.4 | 21.3 | 41.6% |
| Croatia | 23.6 | 27.7 | 18.0 | 19.9 | -5.5% |
| Italy | 20.1 | 17.0 | 15.1 | 14.3 | -10.7% |
| Poland | 10.9 | 13.3 | 13.7 | 13.8 | 8.2% |
| Slovenia | 11.4 | 12.2 | 11.2 | 13.3 | 5.3% |
| United Kingdom | 9.1 | 6.6 | 8.1 | 8.7 | -1.5% |
| Austria | 1.5 | 0.4 | 6.5 | 8.4 | 77.6% |
| Bulgaria | 4.3 | 4.7 | 7.0 | 6.5 | 14.8% |
| Netherlands | 8.9 | 9.7 | 6.7 | 5.3 | -15.9% |
| Bosnia and Herzegovina | 6.1 | 5.6 | 3.2 | 4.7 | -8.3% |
| Greece | 11.2 | 6.5 | 2.7 | 3.3 | -33.5% |
| Others | 5.2 | 6.3 | 5.0 | 8.9 | 19.6% |
| Total | 177 | 169 | 158 | 174 | -0.6% |
Top Export Markets for Fresh Pork Other than Cuts or Carcases from Hungary in 2022:
- Romania (15.9K tons)
- Slovakia (7.6K tons)
- Croatia (6.4K tons)
- Poland (4.5K tons)
- Italy (4.2K tons)
- Slovenia (3.8K tons)
- United Kingdom (2.9K tons)
- Austria (2.7K tons)
- Bulgaria (2.3K tons)
- Bosnia and Herzegovina (1.7K tons)
- Netherlands (1.1K tons)
- Greece (1.1K tons)
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases 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 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
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
- 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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