Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary - 2023

Contents:

1. Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary (FOB) - 2022
2. Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary (CIF) - 2022
3. Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary
4. Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary

Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary (FOB) - 2022

The average export price for animals; live, birds, other than birds of prey and psittaciformeses stood at $25 per unit in 2022, increasing by 21% against the previous year. Overall, the export price, however, showed a deep reduction. The pace of growth was the most pronounced in 2013 an increase of 40%. As a result, the export price attained the peak level of $218 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($42 per unit), while the average price for exports to France ($9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary (CIF) - 2022

In 2022, the average import price for animals; live, birds, other than birds of prey and psittaciformeses amounted to $87 per unit, which is down by -88.9% against the previous year. In general, the import price saw a sharp descent. The pace of growth was the most pronounced in 2016 an increase of 1,590%. Over the period under review, average import prices reached the peak figure at $909 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($151 per unit), while the price for Switzerland ($64 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+143.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary

For the fourth year in a row, Hungary recorded growth in shipments abroad of animals; live, birds, other than birds of prey and psittaciformeses, which increased by 0.9% to 13K units in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 197%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of animals; live, birds, other than birds of prey and psittaciformeses surged to $341K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +91.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes from Hungary in 2022:

1. United Kingdom (5.8K units)
2. Italy (3.6K units)
3. France (1.8K units)
4. Denmark (1.7K units)
5. Croatia (0.3K units)
6. Kuwait (0.1K units)

Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hungary

For the third consecutive year, Hungary recorded decline in purchases abroad of animals; live, birds, other than birds of prey and psittaciformeses, which decreased by -51.6% to 46 units in 2022. In general, imports recorded a precipitous setback. The smallest decline of -40.3% was in 2020. Over the period under review, imports of hit record highs at 1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of animals; live, birds, other than birds of prey and psittaciformeses declined notably to $4K in 2022. Overall, imports saw a significant decline. The smallest decline of -27.8% was in 2021. Imports peaked at $230K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes to Hungary in 2022:

1. Belgium (38.0 units)
2. Switzerland (4.0 units)
3. Italy (4.0 units)

Source: IndexBox Market Intelligence Platform