Hungary - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights

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Meat Dishes Price in Hungary - 2023

Contents:

  1. Meat Dishes Price in Hungary (FOB) - 2023
  2. Meat Dishes Price in Hungary (CIF) - 2023
  3. Meat Dishes Exports in Hungary
  4. Meat Dishes Imports in Hungary

Meat Dishes Price in Hungary (FOB) - 2023

In June 2023, the average meat dishes export price amounted to $6,070 per ton, declining by -2.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices attained the peak figure at $6,217 per ton in May 2023, and then declined slightly in the following month.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Belgium ($7,641 per ton), while the average price for exports to Serbia ($3,446 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Price in Hungary (CIF) - 2023

The average meat dishes import price stood at $8,283 per ton in June 2023, jumping by 29% against the previous month. Over the period under review, the import price saw resilient growth. The growth pace was the most rapid in January 2023 an increase of 59% month-to-month. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($12,835 per ton), while the price for Romania ($3,419 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Meat Dishes Exports in Hungary

For the fourth year in a row, Hungary recorded growth in overseas shipments of meat dishes, which increased by 29% to 87K tons in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 51% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, meat dishes exports soared to $504M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Meat Dishes in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.599.898.512714.1%
United Kingdom38.741.347.758.514.8%
Austria38.429.244.652.110.7%
Romania31.630.437.146.013.3%
Slovakia28.827.030.435.97.6%
Czech Republic27.924.830.430.32.8%
Poland8.25.37.319.533.5%
Belgium16.111.011.815.0-2.3%
Serbia8.98.57.610.97.0%
Finland3.12.01.86.628.6%
Cyprus1.11.41.92.226.0%
Others75.071.693.410010.1%
Total36335241350411.6%

Top Export Markets for Meat Dishes from Hungary in 2022:

  1. Germany (17.5K tons)
  2. Belgium (13.5K tons)
  3. Slovakia (12.8K tons)
  4. Poland (9.5K tons)
  5. Czech Republic (6.6K tons)
  6. Romania (5.6K tons)
  7. Serbia (4.0K tons)
  8. Austria (1.7K tons)
  9. Finland (1.6K tons)
  10. Cyprus (1.4K tons)
  11. United Kingdom (1.3K tons)

Meat Dishes Imports in Hungary

In 2022, supplies from abroad of meat dishes decreased by -7.8% to 75K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of 84K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat dishes imports soared to $348M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Meat Dishes in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia10392.286.41143.4%
Poland49.749.850.872.413.4%
Czech Republic37.434.833.547.68.4%
Germany43.040.436.742.2-0.6%
Austria16.418.721.519.66.1%
Serbia13.315.315.715.85.9%
Sweden1.51.12.43.127.4%
Others25.020.024.533.310.0%
Total2892722713486.4%

Top Suppliers of Meat Dishes to Hungary in 2022:

  1. Slovakia (29.8K tons)
  2. Poland (25.7K tons)
  3. Czech Republic (5.1K tons)
  4. Serbia (4.9K tons)
  5. Germany (2.6K tons)
  6. Sweden (1.4K tons)
  7. Austria (1.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the meat dishes 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 10851100 - Prepared meals and dishes based on meat, meat offal or blood
  • Prodcom 100000Z1 - Prepared and preserved meat, meat offal or blood, including prepared meat and offal dishes
  • Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
  • Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Meat Dishes - Hungary