Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary - 2023

Contents:

  1. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary (CIF) - 2022
  2. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary (FOB) - 2022
  3. Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary
  4. Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $18,512 per ton, surging by 28% against the previous year. Over the period under review, the import price recorded a perceptible expansion. The pace of growth was the most pronounced in 2021 an increase of 95%. The import price peaked at $24,684 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +13.9% per year.

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary (FOB) - 2022

In 2022, the average export price for fresh or chilled sheep (including lamb) boneless cutses amounted to $9,081 per ton, waning by -18.2% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 121% against the previous year. The export price peaked at $22,639 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($10,962 per ton), while the average price for exports to Croatia ($7,123 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+11.0%), while the prices for the other major destinations experienced a decline.

Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary

In 2022, overseas purchases of fresh or chilled sheep (including lamb) boneless cutses increased by 519% to 1.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses surged to $34K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.7N/A4.334.1109.7%
Romania9.83.0N/AN/A-69.4%
OthersN/AN/AN/AN/A0%
Total13.53.04.334.136.2%

Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Hungary in 2022:

  1. Netherlands (1.8 tons)

Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary

Exports of fresh or chilled sheep (including lamb) boneless cutses from Hungary skyrocketed to 2 tons in 2022, jumping by 900% on the previous year. Over the period under review, 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 fresh or chilled sheep (including lamb) boneless cutses soared to $18K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A10.30%
Poland1.71.81.46.052.3%
CroatiaN/AN/AN/A1.70%
Slovakia4.0N/A0.4N/A-68.4%
Switzerland1.1N/AN/AN/A0%
OthersN/AN/A0.4N/A0%
Total6.81.82.218.138.6%

Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Hungary in 2022:

  1. Slovenia (1200.0 kg)
  2. Poland (547.0 kg)
  3. Croatia (243.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fresh or chilled sheep (including lamb) boneless cuts - Hungary