Hungary - Prepared Or Preserved Hams And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Swine Meat Price in Hungary - 2023
Contents:
- Preserved Swine Meat Price in Hungary (CIF) - 2023
- Preserved Swine Meat Price in Hungary (FOB) - 2023
- Preserved Swine Meat Imports in Hungary
- Preserved Swine Meat Exports in Hungary
Preserved Swine Meat Price in Hungary (CIF) - 2023
The average preserved swine meat import price stood at $6,921 per ton in June 2023, surging by 1.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in April 2023 an increase of 8.7% m-o-m. Over the period under review, average import prices hit record highs in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($9,473 per ton), while the price for Slovakia ($5,017 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 (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Swine Meat Price in Hungary (FOB) - 2023
In June 2023, the average preserved swine meat export price amounted to $5,936 per ton, with an increase of 3.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.5%. The pace of growth appeared the most rapid in November 2022 an increase of 24% against the previous month. Over the period under review, the average export prices attained the peak figure in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Gibraltar ($7,901 per ton), while the average price for exports to Croatia ($4,237 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 Slovakia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Swine Meat Imports in Hungary
Preserved swine meat imports into Hungary declined modestly to 5.3K tons in 2022, shrinking by -3.8% compared with 2021 figures. Over the period under review, imports saw a mild decrease. The growth pace was the most rapid in 2021 with an increase of 2.1% against the previous year. As a result, imports reached the peak of 5.5K tons, and then reduced slightly in the following year.
In value terms, preserved swine meat imports rose modestly to $32M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Preserved Swine Meat in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 7.0 | 8.3 | 9.2 | 11.4 | 17.7% |
Germany | 10.1 | 10.9 | 8.2 | 7.5 | -9.4% |
Austria | 4.8 | 5.6 | 6.2 | 5.7 | 5.9% |
Slovakia | 3.5 | 3.1 | 2.9 | 3.5 | 0.0% |
Serbia | 1.5 | 1.7 | 2.0 | 1.5 | 0.0% |
Italy | 0.8 | 0.9 | 1.2 | 1.1 | 11.2% |
Poland | 0.4 | 0.4 | 0.7 | 1.0 | 35.7% |
Others | 0.5 | 0.6 | 0.6 | 0.3 | -15.7% |
Total | 28.5 | 31.5 | 31.0 | 32.0 | 3.9% |
Top Suppliers of Preserved Swine Meat to Hungary in 2022:
- Czech Republic (1955.6 tons)
- Slovakia (938.6 tons)
- Germany (904.4 tons)
- Austria (795.2 tons)
- Serbia (334.8 tons)
- Italy (191.6 tons)
- Poland (157.5 tons)
Preserved Swine Meat Exports in Hungary
In 2022, approx. 1.4K tons of prepared or preserved hams and cuts of swine meat were exported from Hungary; falling by -13.2% compared with the previous year. Overall, exports continue to indicate a deep setback. The smallest decline of -8.6% was in 2021.
In value terms, preserved swine meat exports dropped to $7M in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 3.9%. As a result, the exports attained the peak of $8.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Preserved Swine Meat in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4,122 | 4,624 | 3,838 | 2,772 | -12.4% |
Romania | 2,090 | 1,021 | 847 | 1,214 | -16.6% |
Germany | 553 | 519 | 643 | 623 | 4.1% |
United States | 265 | 673 | 736 | 515 | 24.8% |
Slovenia | 233 | 269 | 295 | 334 | 12.8% |
Slovakia | 315 | 432 | 396 | 282 | -3.6% |
Gibraltar | 251 | 248 | 255 | 248 | -0.4% |
Austria | 200 | 340 | 365 | 219 | 3.1% |
Croatia | 150 | 108 | 35.9 | 68.4 | -23.0% |
Others | 182 | 451 | 449 | 745 | 60.0% |
Total | 8,362 | 8,686 | 7,860 | 7,021 | -5.7% |
Top Export Markets for Preserved Swine Meat from Hungary in 2022:
- Italy (535.4 tons)
- Romania (252.3 tons)
- Germany (132.8 tons)
- United States (89.8 tons)
- Slovakia (68.0 tons)
- Slovenia (67.6 tons)
- Austria (58.3 tons)
- Gibraltar (39.2 tons)
- Croatia (18.7 tons)
This report provides an in-depth analysis of the preserved swine 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 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding 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:
- 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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