Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary
  4. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $7,089 per ton, flattening at the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, nile perch (lates niloticus)s increased by +103.5% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($8,738 per ton) and Slovakia ($7,341 per ton), while the price for the Netherlands ($5,935 per ton) and Poland ($6,898 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary (FOB) - 2022

The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $10,482 per ton in 2022, surging by 29% against the previous year. Over the period under review, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2017 an increase of 54%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +6.6% per year.

Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary

In 2022, approx. 34 tons of fish fillets; frozen, nile perch (lates niloticus)s were imported into Hungary; which is down by -23.2% on the year before. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year.

In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s fell significantly to $243K in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 117%. As a result, imports attained the peak of $313K, and then shrank notably in the following year.

Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A11.5N/A75.5156.2%
Netherlands13266.514575.3-17.1%
Poland22.537.233.639.720.8%
Denmark12.517.111032.637.6%
SlovakiaN/A11.624.519.830.6%
Others0.7N/A0.30.3-24.6%
Total16814431324313.1%

Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Hungary in 2022:

  1. Netherlands (12.7 tons)
  2. Belgium (8.6 tons)
  3. Poland (5.8 tons)
  4. Denmark (4.5 tons)
  5. Slovakia (2.7 tons)

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary

In 2022, approx. 276 kg of fish fillets; frozen, nile perch (lates niloticus)s were exported from Hungary; surging by 263% against 2021. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s skyrocketed to $2.9K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hungary (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Austria0.42.9625.0%
Romania0.2N/A0%
OthersN/AN/A0%
Total0.62.9383.3%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Hungary in 2022:

  1. Austria (276.0 kg)

Source: IndexBox Market Intelligence Platform

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