Hungary - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Price in Hungary - 2023
Contents:
- Frozen Fish Meat Price in Hungary (CIF) - 2022
- Frozen Fish Meat Price in Hungary (FOB) - 2022
- Frozen Fish Meat Imports in Hungary
- Frozen Fish Meat Exports in Hungary
Frozen Fish Meat Price in Hungary (CIF) - 2022
The average frozen fish meat import price stood at $5,142 per ton in 2022, increasing by 3.4% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen fish meat import price increased by +10.9% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 68% against the previous year. As a result, import price reached the peak level of $5,235 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 Lithuania ($14,106 per ton), while the price for the Czech Republic ($2,777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Meat Price in Hungary (FOB) - 2022
The average frozen fish meat export price stood at $7,290 per ton in 2022, growing by 19% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($7,972 per ton) and Ireland ($7,746 per ton), while the average price for exports to Romania ($6,133 per ton) and Austria ($6,833 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Meat Imports in Hungary
In 2022, frozen fish meat imports into Hungary totaled 85 tons, rising by 3.9% against the year before. Over the period under review, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year.
In value terms, frozen fish meat imports expanded remarkably to $436K in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Fish Meat in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 160 | 165 | 189 | 177 | 3.4% |
Poland | 85.8 | 70.1 | 68.8 | 111 | 9.0% |
Lithuania | 32.7 | 13.2 | 9.9 | 49.6 | 14.9% |
Slovakia | 15.2 | 2.9 | 14.0 | 26.4 | 20.2% |
Czech Republic | 36.3 | 41.4 | 30.9 | 26.0 | -10.5% |
Netherlands | 65.4 | 61.3 | 64.0 | 22.1 | -30.3% |
Others | 31.7 | 26.5 | 29.2 | 24.3 | -8.5% |
Total | 427 | 380 | 406 | 436 | 0.7% |
Top Suppliers of Frozen Fish Meat to Hungary in 2022:
- Germany (33.8 tons)
- Poland (25.7 tons)
- Czech Republic (9.4 tons)
- Slovakia (6.3 tons)
- Lithuania (3.5 tons)
- Netherlands (1.8 tons)
Frozen Fish Meat Exports in Hungary
In 2022, exports of frozen fish meat from Hungary reduced notably to 3.7 tons, with a decrease of -27.7% compared with the year before. In general, exports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.
In value terms, frozen fish meat exports reduced to $27K in 2022. Overall, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $31K, and then declined in the following year.
Export of Frozen Fish Meat in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 17.6 | 12.1 | 14.9 | 18.8 | 2.2% |
United Kingdom | 8.0 | 10.2 | 13.9 | 6.2 | -8.1% |
Austria | 1.8 | 1.3 | 0.5 | 1.1 | -15.1% |
Ireland | N/A | N/A | 1.2 | 0.5 | -58.3% |
Others | 1.2 | 0.6 | 0.6 | 0.4 | -30.7% |
Total | 28.4 | 24.2 | 31.3 | 26.9 | -1.8% |
Top Export Markets for Frozen Fish Meat from Hungary in 2022:
- Slovakia (2633.0 kg)
- United Kingdom (772.0 kg)
- Austria (162.0 kg)
- Ireland (63.0 kg)
This report provides an in-depth analysis of the frozen fish meat 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 10201500 - Frozen fish meat without bones (excluding fillets)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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