Price for Frozen Cuts and Edible Offal of Domestic Ducks in Hungary - 2023

Contents:

  1. Price for Frozen Cuts and Edible Offal of Domestic Ducks in Hungary (FOB) - 2023
  2. Price for Frozen Cuts and Edible Offal of Domestic Ducks in Hungary (CIF) - 2022
  3. Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Hungary
  4. Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Hungary

Price for Frozen Cuts and Edible Offal of Domestic Ducks in Hungary (FOB) - 2023

In October 2023, the average export price for frozen cuts and edible offal of domestic duckses amounted to $19,482 per ton, increasing by 93% against the previous month. In general, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($49,373 per ton), while the average price for exports to Vietnam ($735 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 the UK (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Cuts and Edible Offal of Domestic Ducks in Hungary (CIF) - 2022

The average import price for frozen cuts and edible offal of domestic duckses stood at $9,291 per ton in 2022, surging by 59% against the previous year. Overall, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 111% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($10,275 per ton), while the price for Denmark ($3,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+51.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Hungary

Exports of frozen cuts and edible offal of domestic duckses from Hungary contracted to 13K tons in 2022, shrinking by -9.6% compared with the previous year. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year.

In value terms, exports of frozen cuts and edible offal of domestic duckses dropped notably to $57M in 2022. In general, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. As a result, the exports reached the peak of $68M, and then fell sharply in the following year.

Export of Frozen Cuts and Edible Offal of Domestic Ducks in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.06.716.214.412.9%
Belgium8.15.38.87.1-4.3%
Germany3.31.32.44.06.6%
Denmark2.41.42.63.513.4%
Slovakia2.72.02.33.48.0%
Italy0.60.51.42.254.2%
Czech Republic1.41.11.51.910.7%
Canada4.72.63.41.5-31.7%
Hong Kong SAR3.22.03.81.5-22.3%
United Kingdom1.90.91.81.4-9.7%
Poland0.30.20.81.258.7%
Austria3.01.71.81.0-30.7%
Netherlands1.30.50.90.5-27.3%
Others22.412.820.013.2-16.2%
Total65.338.967.756.8-4.5%

Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Hungary in 2022:

  1. Germany (2974.5 tons)
  2. France (1995.5 tons)
  3. Poland (1611.0 tons)
  4. Belgium (1184.1 tons)
  5. Slovakia (649.2 tons)
  6. Czech Republic (585.8 tons)
  7. Italy (496.7 tons)
  8. Netherlands (457.9 tons)
  9. Hong Kong SAR (422.7 tons)
  10. Denmark (413.9 tons)
  11. United Kingdom (308.5 tons)
  12. Austria (282.2 tons)
  13. Canada (273.8 tons)

Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Hungary

Imports of frozen cuts and edible offal of domestic duckses into Hungary surged to 825 tons in 2022, with an increase of 46% against the previous year. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 108%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of frozen cuts and edible offal of domestic duckses surged to $7.7M in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 153%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Frozen Cuts and Edible Offal of Domestic Ducks in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9656352,1625,15774.8%
FranceN/AN/A39.51,0962674.7%
Poland3.05.6337886565.9%
Bulgaria20478.9122197-1.2%
Slovakia0.43.793.9106542.3%
SpainN/AN/A26598.8-62.7%
NetherlandsN/A29625067.5-52.2%
CanadaN/A87.31.0N/A-98.9%
Others6.819934.255.6101.5%
Total1,1791,3063,3057,66486.6%

Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Hungary in 2022:

  1. Belgium (501.9 tons)
  2. Poland (130.3 tons)
  3. France (118.6 tons)
  4. Bulgaria (29.8 tons)
  5. Slovakia (19.4 tons)
  6. Spain (13.4 tons)
  7. Netherlands (9.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat and edible offal; of ducks, cuts and offal, excluding fatty livers, frozen - Hungary