Hungary - Hams, Shoulders And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary - 2023
Contents:
- Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary (CIF) - 2022
- Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary (FOB) - 2023
- Imports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary
- Exports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary
Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary (CIF) - 2022
In 2022, the average import price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) amounted to $5,516 per ton, with an increase of 34% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 38%. The import price peaked at $5,735 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($16,800 per ton), while the price for Germany ($2,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary (FOB) - 2023
In September 2023, the average export price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) amounted to $7,548 per ton, shrinking by -15.1% against the previous month. Overall, export price indicated a mild increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -15.1% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 51% against the previous month. The export price peaked at $8,894 per ton in August 2023, and then contracted sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($12,286 per ton), while the average price for exports to Slovakia ($4,384 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 Croatia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary
In 2022, overseas purchases of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -32% to 559 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 144%. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) declined to $3.1M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 63% against the previous year. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 835 | 886 | 1,098 | 1,938 | 32.4% |
Italy | 392 | 474 | 939 | 557 | 12.4% |
Slovakia | 81.7 | 112 | 614 | 550 | 88.8% |
Germany | 775 | 1,335 | 174 | 1.1 | -88.8% |
Denmark | N/A | 515 | 512 | N/A | -0.6% |
Others | 8.6 | 91.8 | 45.1 | 35.5 | 60.4% |
Total | 2,092 | 3,413 | 3,380 | 3,082 | 13.8% |
Top Suppliers of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine to Hungary in 2022:
- Spain (266.7 tons)
- Slovakia (229.5 tons)
- Italy (59.2 tons)
- Germany (0.5 tons)
Exports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary
In 2022, the amount of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) exported from Hungary contracted to 114 tons, waning by -9.6% compared with the year before. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of 127 tons, and then dropped in the following year.
In value terms, exports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) declined notably to $623K in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports attained the peak of $785K, and then declined rapidly in the following year.
Export of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 147 | 376 | 447 | 293 | 25.8% |
Romania | 170 | 121 | 195 | 190 | 3.8% |
United Kingdom | 14.7 | 21.6 | 70.9 | 58.2 | 58.2% |
Slovakia | 59.3 | 49.9 | 44.2 | 41.5 | -11.2% |
Austria | 16.1 | 10.8 | 12.7 | 18.0 | 3.8% |
Serbia | 103 | 1.9 | 1.3 | 6.6 | -60.0% |
Others | 38.0 | 33.7 | 14.1 | 16.1 | -24.9% |
Total | 548 | 615 | 785 | 623 | 4.4% |
Top Export Markets for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine from Hungary in 2022:
- Romania (53.0 tons)
- Croatia (34.0 tons)
- Slovakia (11.2 tons)
- United Kingdom (8.8 tons)
- Austria (3.1 tons)
- Serbia (1.4 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked hams, shoulders and cuts of swine 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
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
- 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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