Price for Smoked Fish, Incl. Fillets in Hungary - 2023

Contents:

1. Price for Smoked Fish, Incl. Fillets in Hungary (CIF) - 2022
2. Price for Smoked Fish, Incl. Fillets in Hungary (FOB) - 2022
3. Imports of Smoked Fish, Incl. Fillets in Hungary
4. Exports of Smoked Fish, Incl. Fillets in Hungary

Price for Smoked Fish, Incl. Fillets in Hungary (CIF) - 2022

In 2022, the average smoked fish, incl. fillets import price amounted to $10,109 per ton, growing by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2014 an increase of 27%. The import price peaked at $10,164 per ton in 2020; however, from 2021 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 Denmark ($20,463 per ton), while the price for Poland ($7,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Smoked Fish, Incl. Fillets in Hungary (FOB) - 2022

In 2022, the average smoked fish, incl. fillets export price amounted to $12,333 per ton, which is down by -16.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 16% against the previous year. The export price peaked at $14,875 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($16,688 per ton), while the average price for exports to Austria ($9,704 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 Slovakia (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Smoked Fish, Incl. Fillets in Hungary

In 2022, purchases abroad of smoked fish, incl. fillets decreased by -12.9% to 75 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, imports attained the peak of 105 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, smoked fish, incl. fillets imports fell to $757K in 2022. In general, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 29%. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Smoked Fish, Incl. Fillets to Hungary in 2022:

1. Poland (29.7 tons)
2. Germany (26.7 tons)
3. Netherlands (6.7 tons)
4. Lithuania (3.8 tons)
5. Turkey (3.6 tons)
6. Denmark (2.9 tons)

Exports of Smoked Fish, Incl. Fillets in Hungary

In 2022, shipments abroad of smoked fish, incl. fillets increased by 83% to 354 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a deep slump.

In value terms, smoked fish, incl. fillets exports surged to $4.4K in 2022. In general, exports, however, saw a deep contraction.

Top Export Markets for Smoked Fish, Incl. Fillets from Hungary in 2022:

1. Austria (199.0 kg)
2. Romania (125.0 kg)
3. Slovakia (30.0 kg)

Source: IndexBox Market Intelligence Platform