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Hungary - Fresh Or Chilled Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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Hungary: Fresh Chicken Cut Market Overview 2021

Fresh Chicken Cut Market Size in Hungary

In 2019, after three years of growth, there was decline in the Hungarian fresh chicken cut market, when its value decreased by -X% to $X. Overall, the total consumption indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Fresh Chicken Cut Production in Hungary

In value terms, fresh chicken cut production contracted modestly to $X in 2019 estimated in export prices. In general, the total production indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, production attained the peak level of $X, and then reduced modestly in the following year.

The average yield of fresh or chilled cuts of chicken in Hungary stood at X kg per head in 2019, approximately reflecting 2018. In general, the yield continues to indicate a relatively flat trend pattern.

In 2019, number of animals slaughtered for fresh chicken cut production in Hungary totaled X head, remaining stable against 2018. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern.

Fresh Chicken Cut Exports

Exports from Hungary

In 2019, overseas shipments of fresh or chilled cuts of chicken were finally on the rise to reach X tonnes after two years of decline. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, fresh chicken cut exports expanded to $X in 2019. Overall, exports showed strong growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Austria (X tonnes), Romania (X tonnes) and Bulgaria (X tonnes) were the main destinations of fresh chicken cut exports from Hungary, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Bulgaria (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), France ($X) and Germany ($X) were the largest markets for fresh chicken cut exported from Hungary worldwide, together accounting for X% of total exports. These countries were followed by Switzerland, Romania, Bulgaria and Poland, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average fresh chicken cut export price amounted to $X per tonne, falling by -X% against the previous year. In general, the export price showed a perceptible reduction. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced a decline.

Fresh Chicken Cut Imports

Imports into Hungary

For the fourth consecutive year, Hungary recorded growth in purchases abroad of fresh or chilled cuts of chicken, which increased by X% to X tonnes in 2019. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, fresh chicken cut imports fell to $X in 2019. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Poland (X tonnes) constituted the largest fresh chicken cut supplier to Hungary, with a X% share of total imports. Moreover, fresh chicken cut imports from Poland exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), threefold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and the Netherlands (-X% per year).

In value terms, Poland ($X) constituted the largest supplier of fresh chicken cut to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average fresh chicken cut import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2018, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Slovakia ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of chicken in the world?
+
China (6.5M tonnes) constituted the country with the largest volume of fresh chicken cut consumption, accounting for 14% of total volume. Moreover, fresh chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.9M tonnes), twofold. India (2.3M tonnes) ranked third in terms of total consumption with a 5.1% share.
What are the largest producers of fresh or chilled cuts of chicken in the world?
+
The countries with the highest volumes of fresh chicken cut production in 2019 were China (6.5M tonnes), the U.S. (3.4M tonnes) and India (2.3M tonnes), together comprising 26% of global production. These countries were followed by Indonesia, Nigeria, Japan, Pakistan, Brazil, Poland, Russia, the Netherlands, Bangladesh and Germany, which together accounted for a further 26%.
What are the leading suppliers of fresh or chilled cuts of chicken to Hungary?
+
In value terms, Poland ($32M) constituted the largest supplier of fresh chicken cut to Hungary, comprising 49% of total imports. The second position in the ranking was occupied by Slovakia ($8.5M), with a 13% share of total imports. It was followed by the Netherlands, with a 13% share.
What are the leading importers of fresh or chilled cuts of chicken from Hungary?
+
In value terms, the largest markets for fresh chicken cut exported from Hungary were Austria ($37M), France ($19M) and Germany ($17M), together comprising 57% of total exports. Switzerland, Romania, Bulgaria and Poland lagged somewhat behind, together comprising a further 30%.
What is the average export price for fresh or chilled cuts of chicken in Hungary?
+
The average fresh chicken cut export price stood at $2,656 per tonne in 2019, falling by -4.1% against the previous year.
What is the average import price for fresh or chilled cuts of chicken in Hungary?
+
The average fresh chicken cut import price stood at $2,129 per tonne in 2019, waning by -8% against the previous year.

Product coverage:
• Prodcom 10121050 - Fresh or chilled cuts of chicken

This report provides an in-depth analysis of the fresh chicken cut market 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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