Hungary: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Hungary

The Hungarian frozen poultry liver market surged to $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate a buoyant increase. Frozen poultry liver consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Frozen Poultry Liver Production in Hungary

In value terms, frozen poultry liver production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, saw prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Frozen poultry liver production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Frozen Poultry Liver Exports

Exports from Hungary

In 2022, the amount of frozen poultry livers and offal exported from Hungary declined to X tons, with a decrease of X% compared with the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen poultry liver exports amounted to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons), Romania (X tons) and Bulgaria (X tons) were the main destinations of frozen poultry liver exports from Hungary, with a combined X% share of total exports. Germany, France, Poland, Italy, Slovakia, the Czech Republic, Austria, Moldova, Spain and Angola lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen poultry liver exported from Hungary were France ($X), Germany ($X) and Italy ($X), together accounting for X% of total exports. Romania, Austria, Bulgaria, Slovakia, the Czech Republic, Poland, Ukraine, Spain, Moldova and Angola lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Angola, with a CAGR of X%, recorded 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

In 2022, the average frozen poultry liver export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, showed a slight contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Ukraine ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into Hungary

In 2022, the amount of frozen poultry livers and offal imported into Hungary expanded notably to X tons, growing by X% compared with the year before. In general, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, frozen poultry liver imports surged to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Poland (X tons), Romania (X tons) and the Netherlands (X tons) were the main suppliers of frozen poultry liver imports to Hungary, with a combined X% share of total imports. Ukraine, France, Austria, Belgium, Estonia, Slovakia, Germany, the Czech Republic and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of frozen poultry livers and offal to Hungary, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Romania, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the average frozen poultry liver import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen poultry liver import price increased by X% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Belgium ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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