Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary
  4. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $11,203 per ton, rising by 19% against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 25%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($13,721 per ton), while the price for Denmark ($8,380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary (FOB) - 2022

The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $9,987 per ton in 2022, picking up by 12% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by +66.8% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($11,818 per ton), while the average price for exports to Austria ($9,806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary

For the third year in a row, Hungary recorded decline in overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, which decreased by -17.3% to 32 tons in 2022. Over the period under review, imports continue to indicate a deep setback. The smallest decline of -4.2% was in 2021.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell to $356K in 2022. Overall, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 when imports increased by 3.9%. As a result, imports reached the peak of $411K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland166127194107-13.6%
LithuaniaN/AN/AN/A90.60%
Netherlands12611712088.2-11.2%
Czech Republic37.611928.432.2-5.0%
Denmark5.00.510.117.752.4%
Germany9.8N/A5.811.24.6%
Belgium1.61.72.78.876.5%
Spain45.744.9N/AN/A-1.8%
Others3.50.70.1N/A-83.1%
Total395411361356-3.4%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Hungary in 2022:

  1. Poland (9.9 tons)
  2. Netherlands (8.6 tons)
  3. Lithuania (6.6 tons)
  4. Czech Republic (2.8 tons)
  5. Denmark (2.1 tons)
  6. Germany (1.0 tons)
  7. Belgium (0.8 tons)

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary

In 2022, the amount of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s exported from Hungary soared to 12 tons, surging by 32% on the year before. In general, exports, however, recorded a significant contraction.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s soared to $119K in 2022. Over the period under review, exports, however, faced a significant curtailment.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria76.070.472.810511.4%
Slovakia2.86.75.511.057.8%
Romania0.5N/A1.82.673.2%
Netherlands171N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total25077.180.1119-21.9%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Hungary in 2022:

  1. Austria (10.7 tons)
  2. Slovakia (0.9 tons)
  3. Romania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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