Price for Sheep and Goats; Live in Hungary - 2023

Contents:

  1. Price for Sheep and Goats; Live in Hungary (FOB) - 2023
  2. Price for Sheep and Goats; Live in Hungary (CIF) - 2022
  3. Exports of Sheep and Goats; Live in Hungary
  4. Imports of Sheep and Goats; Live in Hungary

Price for Sheep and Goats; Live in Hungary (FOB) - 2023

The average sheep and goats; live export price stood at $175 per unit in August 2023, reducing by -2% against the previous month. Overall, export price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, sheep and goats; live export price decreased by -5.2% against June 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 67% m-o-m. As a result, the export price attained the peak level of $267 per unit. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($326 per unit), while the average price for exports to Croatia ($143 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sheep and Goats; Live in Hungary (CIF) - 2022

In 2022, the average sheep and goats; live import price amounted to $211 per unit, increasing by 87% against the previous year. Overall, the import price saw a strong increase. 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 Germany ($719 per unit), while the price for Romania ($91 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sheep and Goats; Live in Hungary

In 2022, shipments abroad of sheep and goats; live decreased by -18.4% to 371K units, falling for the second year in a row after two years of growth. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 62%. As a result, the exports attained the peak of 485K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sheep and goats; live exports amounted to $53M in 2022. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Over the period under review, the exports attained the peak figure at $61M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Sheep and Goats; Live in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy38.631.433.832.1-6.0%
Germany3.23.78.09.443.2%
Austria0.72.24.14.585.9%
France2.72.92.54.316.8%
Croatia1.40.91.31.64.6%
Romania2.60.50.70.8-32.5%
Turkey9.53.10.7N/A-72.9%
Others2.41.50.90.1-65.3%
Total61.146.252.152.7-4.8%

Top Export Markets for Sheep and Goats; Live from Hungary in 2022:

  1. Italy (225.9K units)
  2. Germany (66.1K units)
  3. Austria (31.7K units)
  4. France (30.0K units)
  5. Croatia (11.2K units)
  6. Romania (5.5K units)

Imports of Sheep and Goats; Live in Hungary

In 2022, purchases abroad of sheep and goats; live decreased by -68.5% to 3.2K units, falling for the second year in a row after two years of growth. Overall, imports showed a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 5.2% against the previous year. As a result, imports attained the peak of 16K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sheep and goats; live imports shrank markedly to $673K in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Sheep and Goats; Live in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A286N/A2931.2%
Germany306227162137-23.5%
AustriaN/A206N/A75.7-39.4%
Slovakia60634823674.8-50.2%
ItalyN/AN/AN/A53.60%
Romania29994666039.8-48.9%
Others67.110184.4N/A12.2%
Total1,2782,1151,143673-19.2%

Top Suppliers of Sheep and Goats; Live to Hungary in 2022:

  1. France (941.0 units)
  2. Austria (628.0 units)
  3. Slovakia (595.0 units)
  4. Romania (438.0 units)
  5. Italy (396.0 units)
  6. Germany (190.0 units)

Source: IndexBox Market Intelligence Platform

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