Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary - 2023

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary (CIF) - 2022
  2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary (FOB) - 2022
  3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary
  4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary (CIF) - 2022

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,532 per ton, which is down by -22.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 22%. As a result, import price attained the peak level of $5,850 per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,274 per ton), while the price for Germany ($2,762 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary (FOB) - 2022

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,402 per ton, waning by -19.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 48%. As a result, the export price reached the peak level of $7,527 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($4,550 per ton), while the average price for exports to Romania ($4,000 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 (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary

After two years of decline, purchases abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds increased by 16% to 121 tons in 2022. Overall, imports, however, saw a perceptible decline.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds reduced to $550K in 2022. In general, imports, however, continue to indicate a perceptible downturn. The growth pace was the most rapid in 2020 with an increase of 2.2% against the previous year. As a result, imports attained the peak of $636K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France267289301231-4.7%
Spain202183111187-2.5%
Netherlands8.128.042.225.947.3%
Italy43.040.548.423.6-18.1%
Germany37.252.619.220.4-18.1%
Belgium21.213.023.419.3-3.1%
Slovakia1.80.70.66.251.0%
Denmark7.65.010.82.6-30.1%
Others34.824.853.934.4-0.4%
Total623636610550-4.1%

Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Hungary in 2022:

  1. Spain (67.1 tons)
  2. France (27.9 tons)
  3. Germany (7.4 tons)
  4. Belgium (6.0 tons)
  5. Italy (4.3 tons)
  6. Netherlands (3.8 tons)
  7. Slovakia (2.1 tons)
  8. Denmark (0.9 tons)

Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary

In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds exported from Hungary reduced to 92 kg, with a decrease of -6.1% compared with the previous year's figure. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 5.4% against the previous year.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank rapidly to $405 in 2022. Over the period under review, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 18%.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia93.022140429046.1%
AustriaN/A11811.091.0-12.2%
Romania9,2691131204.0-92.4%
OthersN/AN/AN/A20.00%
Total9,362452535405-64.9%

Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Hungary in 2022:

  1. Slovakia (70.0 kg)
  2. Austria (20.0 kg)
  3. Romania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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