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Hungary - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCream Fresh Price in Hungary - 2023
Contents:
- Cream Fresh Price in Hungary (CIF) - 2023
- Cream Fresh Price in Hungary (FOB) - 2023
- Cream Fresh Imports in Hungary
- Cream Fresh Exports in Hungary
Cream Fresh Price in Hungary (CIF) - 2023
In July 2023, the average cream fresh import price amounted to $2,818 per ton, leveling off at the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 22% against the previous month. The import price peaked at $2,974 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were the Czech Republic ($3,415 per ton) and Slovakia ($3,006 per ton), while the price for Germany ($2,653 per ton) and Poland ($2,724 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cream Fresh Price in Hungary (FOB) - 2023
The average cream fresh export price stood at $2,369 per ton in July 2023, shrinking by -4.6% against the previous month. Overall, the export price showed a perceptible decrease. The pace of growth was the most pronounced in June 2023 when the average export price increased by 6.4% m-o-m. The export price peaked at $3,627 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the highest price was recorded for prices to Romania ($2,657 per ton) and Bosnia and Herzegovina ($2,470 per ton), while the average price for exports to Slovakia ($2,164 per ton) and Germany ($2,238 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-1.8%), while the prices for the other major destinations experienced a decline.
Cream Fresh Imports in Hungary
In 2022, overseas purchases of cream fresh decreased by -17.7% to 13K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cream fresh imports fell to $33M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of $35M, and then fell in the following year.
Import of Cream Fresh in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.1 | 8.3 | 9.2 | 9.3 | 0.7% |
Poland | 7.5 | 8.5 | 10.1 | 7.8 | 1.3% |
Italy | 4.3 | 4.5 | 5.4 | 5.4 | 7.9% |
Slovakia | 3.5 | 3.4 | 3.7 | 3.8 | 2.8% |
Netherlands | 1.6 | 2.1 | 2.9 | 3.3 | 27.3% |
Austria | 1.1 | 1.3 | 1.8 | 1.7 | 15.6% |
Czech Republic | 1.7 | 1.0 | 0.8 | 0.9 | -19.1% |
Others | 2.4 | 2.8 | 1.4 | 0.9 | -27.9% |
Total | 31.2 | 31.9 | 35.3 | 33.2 | 2.1% |
Top Suppliers of Cream Fresh to Hungary in 2022:
- Germany (3.8K tons)
- Poland (3.0K tons)
- Italy (1.7K tons)
- Slovakia (1.7K tons)
- Netherlands (1.1K tons)
- Austria (0.7K tons)
- Czech Republic (0.4K tons)
Cream Fresh Exports in Hungary
In 2022, cream fresh exports from Hungary rose markedly to 13K tons, increasing by 10% on 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, cream fresh exports skyrocketed to $43M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Cream Fresh in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 6.7 | 4.2 | 7.0 | 13.7 | 26.9% |
Bosnia and Herzegovina | 3.7 | 1.8 | 4.1 | 7.2 | 24.8% |
Poland | 0.8 | 0.8 | 2.6 | 5.6 | 91.3% |
Serbia | 0.2 | 1.1 | 3.0 | 5.3 | 198.1% |
Croatia | 2.3 | 2.2 | 3.1 | 4.0 | 20.3% |
Slovakia | 0.9 | 0.6 | 2.2 | 2.9 | 47.7% |
Romania | 1.8 | 1.2 | 2.5 | 2.0 | 3.6% |
Germany | 0.5 | 0.7 | 2.0 | 1.4 | 40.9% |
Others | 0.4 | 0.4 | 1.8 | 1.2 | 44.2% |
Total | 17.2 | 13.2 | 28.4 | 43.3 | 36.0% |
Top Export Markets for Cream Fresh from Hungary in 2022:
- Italy (3.8K tons)
- Bosnia and Herzegovina (2.1K tons)
- Poland (1.8K tons)
- Serbia (1.5K tons)
- Croatia (1.2K tons)
- Slovakia (0.9K tons)
- Romania (0.6K tons)
- Germany (0.4K tons)
This report provides an in-depth analysis of the cream fresh 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:
- FCL 885 - Cream, Fresh
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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