Report Update Apr 1, 2024

Hungary - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Oleo Oils Market 2024

Oleo Oils Market Size in Hungary

After three years of growth, the Hungarian oleo oils market decreased by X% to $X in 2022. Overall, consumption saw a significant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Oleo Oils Production in Hungary

In value terms, oleo oils production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production saw a significant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Oleo oils production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Oleo Oils Exports

Exports from Hungary

In 2022, after three years of decline, there was significant growth in overseas shipments of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, when their volume increased by X% to X kg. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, oleo oils exports expanded modestly to $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X kg) was the main destination for oleo oils exports from Hungary, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at X%.

In value terms, Romania ($X) also remains the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from Hungary.

From 2012 to 2022, the average annual growth rate of value to Romania totaled X%.

Export Prices by Country

In 2022, the average oleo oils export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to X% per year.

Oleo Oils Imports

Imports into Hungary

Oleo oils imports into Hungary stood at X kg in 2022, approximately reflecting 2021 figures. In general, imports saw resilient growth. The smallest decline of X% was in 2021. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, oleo oils imports amounted to $X in 2022. Over the period under review, imports showed a resilient expansion. The smallest decline of X% was in 2021. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Romania (X kg) was the main supplier of oleo oils to Hungary, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Romania stood at X%.

In value terms, Romania ($X) constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Hungary.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania stood at X%.

Import Prices by Country

In 2022, the average oleo oils import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2021 when the average import price decreased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to X% per year.

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Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of consumption in 2023 were the United States, the UK and Ireland, with a combined 56% share of global consumption. Egypt, the Netherlands, Belgium, Taiwan Chinese), Spain, India, France, Namibia, Germany and Botswana lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of production in 2022 were the UK, the United States and Ireland, together accounting for 68% of global production. Egypt, Spain, Taiwan Chinese), Cameroon, India, France, Namibia and Botswana lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Hungary?

In value terms, Romania constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Hungary.

What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Hungary?

In value terms, Romania remains the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from Hungary.

What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Hungary?

The average oleo oils export price stood at $6,474 per ton in 2022, waning by -61.5% against the previous year.

What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Hungary?

In 2022, the average oleo oils import price amounted to $23,560 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the oleo oils 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 2030.

Product coverage:

Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023