Hungary - Prepared Or Preserved Shoulders And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Preserved Swine Meat Cut in Hungary - 2023
Contents:
- Price for Preserved Swine Meat Cut in Hungary (CIF) - 2023
- Price for Preserved Swine Meat Cut in Hungary (FOB) - 2022
- Imports of Preserved Swine Meat Cut in Hungary
- Exports of Preserved Swine Meat Cut in Hungary
Price for Preserved Swine Meat Cut in Hungary (CIF) - 2023
In May 2023, the average preserved swine meat cut import price amounted to $4,934 per ton, with an increase of 4% against the previous month. Over the period under review, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 19% against the previous month. The import price peaked at $7,406 per ton in July 2022; however, from August 2022 to May 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($8,313 per ton), while the price for Poland ($4,325 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Poland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Preserved Swine Meat Cut in Hungary (FOB) - 2022
In 2022, the average preserved swine meat cut export price amounted to $6,066 per ton, jumping by 17% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved swine meat cut export price increased by +119.7% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($8,193 per ton), while the average price for exports to Serbia ($4,998 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 Italy (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Preserved Swine Meat Cut in Hungary
After two years of decline, overseas purchases of prepared or preserved shoulders and cuts of swine meat increased by 1% to 562 tons in 2022. Overall, imports, however, showed a deep setback.
In value terms, preserved swine meat cut imports skyrocketed to $2.2M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Preserved Swine Meat Cut in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 2,006 | 2,179 | 1,461 | 1,891 | -1.9% |
| Belgium | 93.1 | 163 | 190 | 170 | 22.2% |
| Czech Republic | 21.1 | 34.3 | 33.1 | 43.2 | 27.0% |
| Others | 153 | 189 | 143 | 121 | -7.5% |
| Total | 2,273 | 2,565 | 1,827 | 2,225 | -0.7% |
Top Suppliers of Preserved Swine Meat Cut to Hungary in 2022:
- Slovakia (513.9 tons)
- Belgium (21.7 tons)
- Czech Republic (10.1 tons)
Exports of Preserved Swine Meat Cut in Hungary
In 2022, the amount of prepared or preserved shoulders and cuts of swine meat exported from Hungary contracted sharply to 79 tons, shrinking by -35.5% on the year before. Overall, exports saw a dramatic contraction. The smallest decline of -6.2% was in 2021.
In value terms, preserved swine meat cut exports shrank notably to $478K in 2022. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2020 when exports increased by 5.2% against the previous year. As a result, the exports reached the peak of $664K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Preserved Swine Meat Cut in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 432 | 333 | 143 | 119 | -34.9% |
| Serbia | 85.2 | 95.7 | 58.7 | 89.9 | 1.8% |
| Austria | N/A | 1.9 | 54.6 | 82.9 | 560.5% |
| United States | 34.0 | 70.2 | 218 | 46.2 | 10.8% |
| Slovakia | 64.9 | 99.6 | 52.4 | 43.0 | -12.8% |
| Italy | 3.2 | 21.6 | 35.4 | 25.8 | 100.5% |
| Bulgaria | 10.8 | 9.5 | 13.7 | 23.2 | 29.0% |
| Others | 0.7 | 32.6 | 55.9 | 48.4 | 310.4% |
| Total | 631 | 664 | 632 | 478 | -8.8% |
Top Export Markets for Preserved Swine Meat Cut from Hungary in 2022:
- Romania (18.3 tons)
- Serbia (18.0 tons)
- Austria (16.5 tons)
- United States (8.2 tons)
- Slovakia (5.5 tons)
- Italy (3.2 tons)
- Bulgaria (2.8 tons)
This report provides an in-depth analysis of the market for preserved swine meat cut 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 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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