Hungary: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Hungary

In 2020, the Hungarian frozen catfish fillets market decreased by -X% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Frozen catfish fillets consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Frozen Catfish Fillets Exports

Exports from Hungary

In 2020, frozen catfish fillets exports from Hungary fell rapidly to X tons, dropping by -X% compared with the year before. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Exports peaked at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, frozen catfish fillets exports shrank remarkably to $X in 2020. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Serbia (X tons), Slovakia (X tons) and Austria (X tons) were the main destinations of frozen catfish fillets exports from Hungary, with a combined X% share of total exports. Croatia and Lithuania lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen catfish fillets exported from Hungary were Slovakia ($X), Serbia ($X) and Austria ($X), together accounting for X% of total exports. These countries were followed by Lithuania and Croatia, which together accounted for a further X terms of the main countries of destination, Lithuania (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen catfish fillets export price stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Lithuania ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania, while the prices for the other major destinations experienced mixed trend patterns.

Frozen Catfish Fillets Imports

Imports into Hungary

In 2020, overseas purchases of frozen catfish fillets decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen catfish fillets imports fell dramatically to $X in 2020. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), the Netherlands (X tons) and Slovenia (X tons) were the main suppliers of frozen catfish fillets imports to Hungary, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest frozen catfish fillets suppliers to Hungary were the Netherlands ($X), Vietnam ($X) and Slovenia ($X), with a combined X% share of total imports.

Among the main suppliers, Slovenia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average frozen catfish fillets import price stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Slovakia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :