Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary - 2023

Contents:

  1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary (CIF) - 2023
  2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary (FOB) - 2023
  3. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary
  4. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary (CIF) - 2023

The average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $2.4 per unit in August 2023, picking up by 84% against the previous month. Over the period under review, the import price, however, recorded a mild downturn. The import price peaked at $3.6 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Croatia ($3.7 per unit), while the price for Romania ($2.1 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Croatia (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary (FOB) - 2023

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $9.5 per unit in August 2023, picking up by 150% against the previous month. In general, the export price saw a notable expansion. The pace of growth appeared the most rapid in June 2023 an increase of 185% m-o-m. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($45.4 per unit), while the average price for exports to Poland ($2.5 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary

For the third consecutive year, Hungary recorded decline in purchases abroad of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, which decreased by -4.3% to 18M units in 2022. In general, imports showed a deep reduction. Imports peaked at 22M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat totaled $53M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania35.730.030.831.9-3.7%
Slovakia7.88.910.112.015.4%
Croatia4.15.15.36.717.8%
PolandN/A0.10.11.5287.3%
Others0.40.70.50.720.5%
Total48.044.846.852.93.3%

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Hungary in 2022:

  1. Romania (10.8M units)
  2. Slovakia (4.8M units)
  3. Croatia (2.0M units)
  4. Poland (0.4M units)

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary

In 2022, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat from Hungary dropped notably to 2.9M units, waning by -21.8% against the previous year. In general, total exports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, the exports reached the peak of 3.7M units, and then shrank sharply in the following year.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $9.9M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.12.94.34.42.4%
Czech RepublicN/A1.41.61.66.9%
Romania0.70.71.01.012.6%
Slovakia0.30.20.90.944.2%
BulgariaN/AN/AN/A0.60%
Austria1.01.20.80.5-20.6%
EstoniaN/AN/AN/A0.10%
GreeceN/AN/A0.2N/A0%
Others0.50.90.70.711.9%
Total6.57.39.49.915.1%

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Hungary in 2022:

  1. Poland (1899.0K units)
  2. Slovakia (366.4K units)
  3. Romania (153.7K units)
  4. Austria (99.5K units)
  5. Bulgaria (99.2K units)
  6. Estonia (83.0K units)
  7. Czech Republic (43.2K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Poultry; live, fowls of the species Gallus domesticus, weighing more than 185g - Hungary