Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary - 2023

Contents:

1. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary (FOB) - 2022
2. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary
4. Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary (FOB) - 2022

The average export price for offal, edible; of bovine animals, tongues, frozens stood at $3,931 per ton in 2022, rising by 26% against the previous year. Overall, the export price, however, recorded a noticeable decline. The export price peaked at $5,341 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($4,559 per ton), while the average price for exports to Ukraine ($3,730 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 Ukraine (+12.9%), while the prices for the other major destinations experienced a decline.

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $3,389 per ton, rising by 2.2% against the previous year. In general, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 35%. Over the period under review, average import prices reached the maximum at $6,438 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 ($5,063 per ton), while the price for Romania amounted to $3,038 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary

In 2022, exports of offal, edible; of bovine animals, tongues, frozens from Hungary dropped significantly to 34 tons, waning by -19.2% on the previous year. In general, exports saw a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 4% against the previous year.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens expanded modestly to $134K in 2022. Overall, exports showed a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 27%.

Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Hungary in 2022:

1. Ukraine (24.9 tons)
2. Bulgaria (6.6 tons)
3. France (2.5 tons)

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Hungary

Imports of offal, edible; of bovine animals, tongues, frozens into Hungary shrank markedly to 1.1 tons in 2022, which is down by -63.7% against the previous year's figure. In general, imports faced a dramatic contraction.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens contracted dramatically to $3.8K in 2022. Overall, imports saw a dramatic descent.

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Hungary in 2022:

1. Romania (916.0 kg)
2. Netherlands (192.0 kg)

Source: IndexBox Market Intelligence Platform