Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $14,168 per ton, with an increase of 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the Netherlands ($14,673 per ton), while the price for Romania ($8,401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $17,639 per ton, picking up by 44% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by +88.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($18,245 per ton), while the average price for exports to Slovakia ($15,000 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 Romania (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary
For the third year in a row, Hungary recorded decline in supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), which decreased by -5.4% to 14 tons in 2022. In general, imports continue to indicate a sharp downturn.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $201K in 2022. Over the period under review, imports recorded a sharp descent.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 330 | 134 | 136 | 181 | -18.1% |
| Germany | 111 | 96.3 | 31.1 | 16.0 | -47.6% |
| Romania | N/A | N/A | 2.0 | 3.9 | 95.0% |
| United Kingdom | 43.7 | N/A | N/A | N/A | 0% |
| Others | 3.8 | N/A | N/A | 0.5 | -49.1% |
| Total | 488 | 230 | 170 | 201 | -25.6% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Hungary in 2022:
- Netherlands (12.3 tons)
- Germany (1.3 tons)
- Romania (0.5 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary
In 2022, shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) was finally on the rise to reach 3.8 tons after two years of decline. Over the period under review, exports, however, continue to indicate a sharp slump.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $67K in 2022. In general, exports, however, saw a deep slump.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 68.5 | 35.5 | 25.9 | 61.1 | -3.7% |
| Slovakia | 19.9 | 11.0 | 2.0 | 4.7 | -38.2% |
| Romania | 10.5 | 9.4 | 0.9 | 0.9 | -55.9% |
| Belgium | 0.4 | 0.6 | N/A | N/A | 50.0% |
| Others | N/A | 0.2 | 2.1 | N/A | 950.0% |
| Total | 99.3 | 56.7 | 30.9 | 66.7 | -12.4% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Hungary in 2022:
- Austria (3.4 tons)
- Slovakia (0.3 tons)
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