Fish; Live, Carp Price in Hungary - 2023

Contents:

1. Fish; Live, Carp Price in Hungary (FOB) - 2022
2. Fish; Live, Carp Price in Hungary (CIF) - 2022
3. Fish; Live, Carp Exports in Hungary
4. Fish; Live, Carp Imports in Hungary

Fish; Live, Carp Price in Hungary (FOB) - 2022

In 2022, the average fish; live, carp export price amounted to $3,031 per ton, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Austria ($4,318 per ton), while the average price for exports to Serbia ($2,373 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 Croatia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fish; Live, Carp Price in Hungary (CIF) - 2022

The average fish; live, carp import price stood at $2,389 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the maximum at $2,419 per ton in 2014; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +0.7% per year.

Fish; Live, Carp Exports in Hungary

In 2022, shipments abroad of fish; live, carps decreased by -3.7% to 2.2K tons, falling for the second year in a row after two years of growth. In general, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when exports increased by 4.9% against the previous year. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fish; live, carp exports expanded significantly to $6.6M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fish; Live, Carp from Hungary in 2022:

1. Romania (1139.6 tons)
2. Croatia (399.0 tons)
3. Poland (285.3 tons)
4. Serbia (123.4 tons)
5. Slovakia (86.4 tons)
6. Italy (68.4 tons)
7. Germany (36.0 tons)

Fish; Live, Carp Imports in Hungary

For the third consecutive year, Hungary recorded decline in overseas purchases of fish; live, carps, which decreased by -61.6% to 29 tons in 2022. In general, imports showed a dramatic setback. The smallest decline of -38.8% was in 2020.

In value terms, fish; live, carp imports contracted rapidly to $68K in 2022. Overall, imports continue to indicate a sharp descent. The smallest decline of -39.3% was in 2020.

Top Suppliers of Fish; Live, Carp to Hungary in 2022:

1. Czech Republic (28.6 tons)

Source: IndexBox Market Intelligence Platform