Hungary: Fresh Whole Chicken Market 2022

Fresh Whole Chicken Market Size in Hungary

The Hungarian fresh whole chicken market expanded slightly to $X in 2021, growing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Fresh whole chicken consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Fresh Whole Chicken Production in Hungary

In value terms, fresh whole chicken production expanded sharply to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Fresh whole chicken production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Fresh Whole Chicken Exports

Exports from Hungary

In 2021, overseas shipments of fresh or chilled whole chickens decreased by -X% to X tons, falling for the third consecutive year after three years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, fresh whole chicken exports expanded modestly to $X in 2021. Over the period under review, exports showed a mild descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Slovakia (X tons), Romania (X tons) and Austria (X tons) were the main destinations of fresh whole chicken exports from Hungary, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for fresh whole chicken exported from Hungary were Romania ($X), Slovakia ($X) and Austria ($X), together comprising X% of total exports.

Slovakia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average fresh whole chicken export price stood at $X per ton in 2021, surging by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were Austria ($X per ton) and Romania ($X per ton), while the average price for exports to Slovakia ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Fresh Whole Chicken Imports

Imports into Hungary

In 2021, overseas purchases of fresh or chilled whole chickens decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2020, and then contracted rapidly in the following year.

In value terms, fresh whole chicken imports declined sharply to $X in 2021. Over the period under review, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2020, and then contracted rapidly in the following year.

Imports by Country

Austria (X tons), Romania (X tons) and the Czech Republic (X tons) were the main suppliers of fresh whole chicken imports to Hungary, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), the Czech Republic ($X) and Austria ($X) were the largest fresh whole chicken suppliers to Hungary, with a combined X% share of total imports. Poland and Slovenia lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fresh whole chicken import price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Romania ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform