Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary (FOB) - 2023
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary (CIF) - 2022
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary (FOB) - 2023
The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $10,243 per ton in October 2023, which is down by -7.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 9.8% month-to-month. The export price peaked at $11,022 per ton in September 2023, and then reduced in the following month.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From October 2022 to October 2023, the rate of growth in terms of prices for Austria amounted to +3.6% per month.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary (CIF) - 2022
The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $13,484 per ton in 2022, picking up by 126% against the previous year. Over the period under review, the import price enjoyed a measured increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the Netherlands ($18,304 per ton), while the price for Austria ($9,134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+57.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary
In 2022, shipments abroad of fresh or chilled lamb carcasses and half-carcasseses decreased by -32.4% to 215 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 361 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses reduced remarkably to $1.9M in 2022. In general, exports saw a slight descent. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,445 | 1,158 | 1,929 | 1,348 | -2.3% |
| Switzerland | 307 | 647 | 775 | 428 | 11.7% |
| Germany | N/A | 98.6 | 140 | 154 | 25.0% |
| Slovakia | 205 | 99.2 | 9.5 | N/A | -78.5% |
| United Arab Emirates | N/A | 708 | N/A | N/A | 0% |
| Others | 37.5 | 14.2 | 9.0 | 0.9 | -71.2% |
| Total | 1,995 | 2,726 | 2,862 | 1,930 | -1.1% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Hungary in 2022:
- Austria (152.3 tons)
- Switzerland (45.3 tons)
- Germany (17.6 tons)
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary
In 2022, supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses was finally on the rise to reach 30 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep downturn.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses soared to $409K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 142 | 42.5 | 55.5 | 160 | 4.1% |
| Austria | N/A | N/A | N/A | 120 | 0% |
| Germany | 56.1 | 33.6 | 50.6 | 94.5 | 19.0% |
| Netherlands | 3.3 | N/A | N/A | 30.8 | 110.5% |
| Romania | 25.8 | 8.6 | 3.1 | N/A | -65.3% |
| Others | 4.4 | N/A | N/A | 4.1 | -2.3% |
| Total | 231 | 84.7 | 109 | 409 | 21.0% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Hungary in 2022:
- Austria (13.1 tons)
- Croatia (9.7 tons)
- Germany (5.7 tons)
- Netherlands (1.7 tons)
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