Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary (FOB) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary (CIF) - 2022
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary (FOB) - 2023
In October 2023, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $10,243 per ton, dropping by -20% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in January 2023 when the average export price increased by 29% month-to-month. Over the period under review, the average export prices hit record highs at $14,182 per ton in March 2023; however, from April 2023 to October 2023, the export prices remained at a lower figure.
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 Croatia amounted to +14.8% per month.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $11,129 per ton in 2022, jumping by 20% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $14,416 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Germany ($13,627 per ton), while the price for Spain ($5,578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary
In 2022, shipments abroad of meat of sheep or goats; fresh, chilled or frozen decreased by -31.5% to 255 tons, falling for the second consecutive year after two years of growth. In general, exports showed a slight shrinkage. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year. As a result, the exports reached the peak of 405 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen reduced markedly to $2.3M in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6%.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2,445 | 1,223 | 2,057 | 1,557 | -14.0% |
| Switzerland | 312 | 647 | 775 | 428 | 11.1% |
| Germany | 0.1 | 98.7 | 141 | 154 | 1054.8% |
| Romania | 322 | 188 | 128 | 102 | -31.8% |
| Slovakia | 305 | 118 | 32.6 | 31.1 | -53.3% |
| United Arab Emirates | N/A | 708 | N/A | N/A | 0% |
| Others | 81.8 | 26.8 | 105 | 44.9 | -18.1% |
| Total | 3,466 | 3,011 | 3,238 | 2,316 | -12.6% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Hungary in 2022:
- Austria (167.0 tons)
- Switzerland (45.3 tons)
- Romania (18.0 tons)
- Germany (17.6 tons)
- Slovakia (2.6 tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary
In 2022, overseas purchases of meat of sheep or goats; fresh, chilled or frozen were finally on the rise to reach 127 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen surged to $1.4M in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 744 | 317 | 445 | 703 | -1.9% |
| Germany | 409 | 228 | 154 | 277 | -12.2% |
| Croatia | 142 | 42.5 | 55.5 | 169 | 6.0% |
| Austria | N/A | N/A | 4.4 | 126 | 2763.6% |
| Spain | 347 | 147 | 75.3 | 108 | -32.2% |
| Slovakia | 116 | 10.0 | N/A | 8.6 | -58.0% |
| Others | 358 | 38.7 | 39.2 | 27.8 | -57.3% |
| Total | 2,116 | 783 | 773 | 1,418 | -12.5% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Hungary in 2022:
- Netherlands (54.0 tons)
- Germany (20.3 tons)
- Spain (19.3 tons)
- Croatia (16.6 tons)
- Austria (14.5 tons)
- Slovakia (0.4 tons)
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