Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary (FOB) - 2023
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary (CIF) - 2022
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary (FOB) - 2023
In October 2023, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $13,762 per ton, picking up by 2.5% against the previous month. Overall, the export price recorded tangible growth. The most prominent rate of growth was recorded in August 2023 an increase of 633% m-o-m. As a result, the export price attained the peak level of $16,177 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($15,397 per ton), while the average price for exports to Portugal ($9,181 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $3,914 per ton, reducing by -63.1% against the previous year. In general, the import price showed a dramatic contraction. The pace of growth was the most pronounced in 2013 an increase of 73% against the previous year. As a result, import price reached the peak level of $65,461 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Slovakia ($6,992 per ton), while the price for the Netherlands ($3,199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary
In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds exported from Hungary declined sharply to 182 tons, dropping by -27.6% against the previous year's figure. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds shrank dramatically to $2.1M in 2022. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $3.2M, and then declined notably in the following year.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,463 | 1,750 | 2,768 | 1,718 | 5.5% |
| Germany | 553 | 61.2 | 52.2 | 115 | -40.8% |
| Poland | 79.7 | 65.1 | 13.4 | 100 | 7.9% |
| Ireland | 297 | 257 | 165 | 66.7 | -39.2% |
| United Kingdom | 178 | 109 | 117 | 58.5 | -31.0% |
| Portugal | 30.0 | 5.5 | 14.1 | 30.4 | 0.4% |
| Others | 219 | 97.5 | 64.1 | 24.8 | -51.6% |
| Total | 2,819 | 2,345 | 3,194 | 2,114 | -9.1% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Hungary in 2022:
- Spain (144.5 tons)
- Germany (13.1 tons)
- Poland (9.3 tons)
- Ireland (5.7 tons)
- United Kingdom (4.6 tons)
- Portugal (3.8 tons)
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary
In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Hungary surged to 30 tons, rising by 426% on 2021. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds soared to $117K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Spain | 0.8 | 79.5 | 9837.5% | ||
| Netherlands | N/A | 20.3 | 0% | ||
| Slovakia | 0.3 | 4.3 | 1333.3% | ||
| Greece | 18.8 | N/A | 0% | ||
| Others | 40.2 | 12.4 | -69.2% | ||
| Total | 60.1 | 117 | 94.7% | ||
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Hungary in 2022:
- Spain (22.5 tons)
- Netherlands (6.3 tons)
- Slovakia (0.6 tons)
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