Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary - 2023

Contents:

  1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary (CIF) - 2022
  2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary (FOB) - 2022
  3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary
  4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary (CIF) - 2022

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $228 per ton in 2022, reducing by -13.4% against the previous year. In general, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 69%. Over the period under review, average import prices hit record highs at $2,399 per ton in 2014; however, from 2015 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 Romania ($943 per ton), while the price for France totaled $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-11.0%).

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary (FOB) - 2022

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $5,789 per ton in 2020, rising by 115% against the previous year. In general, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2013 to 2020, the rate of growth in terms of prices for Romania amounted to -18.8% per year.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary

In 2022, approx. 333 tons of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen were imported into Hungary; rising by 131% on the previous year's figure. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,790% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $76K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 553% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A26.323.964.356.4%
Romania3.69.413.910.844.2%
Others2.75.4N/A0.6-39.4%
Total6.341.037.875.7129.0%

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Hungary in 2022:

  1. France (321.2 tons)
  2. Romania (11.4 tons)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary

In 2020, approx. 25 tons of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen were exported from Hungary; jumping by 15,261% against the previous year's figure. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $148K in 2020. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Hungary (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
RomaniaN/A1470%
Others0.40.2-50.0%
Total0.414836900.0%

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Hungary in 2022:

  1. Romania (25.4 tons)

Source: IndexBox Market Intelligence Platform

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