Hungary - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTurkey Meat Price in Hungary - 2023
Contents:
- Turkey Meat Price in Hungary (FOB) - 2023
- Turkey Meat Price in Hungary (CIF) - 2023
- Turkey Meat Exports in Hungary
- Turkey Meat Imports in Hungary
Turkey Meat Price in Hungary (FOB) - 2023
In July 2023, the average turkey meat export price amounted to $4,500 per ton, with a decrease of -9.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 an increase of 14% against the previous month. Over the period under review, the average export prices reached the maximum at $5,172 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($7,871 per ton), while the average price for exports to Guinea ($1,501 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Turkey Meat Price in Hungary (CIF) - 2023
In June 2023, the average turkey meat import price amounted to $4,854 per ton, picking up by 3.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 20% m-o-m. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Romania ($6,520 per ton), while the price for Austria ($2,323 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Turkey Meat Exports in Hungary
In 2022, exports of turkey meat from Hungary shrank significantly to 30K tons, declining by -17.2% on the year before. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of 36K tons, and then contracted remarkably in the following year.
In value terms, turkey meat exports rose significantly to $121M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 36%.
| Export of Turkey Meat in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 25.9 | 14.0 | 15.3 | 17.5 | -12.3% |
| Romania | 20.9 | 14.8 | 17.1 | 16.1 | -8.3% |
| Slovakia | 9.8 | 9.1 | 13.1 | 15.0 | 15.2% |
| Italy | 9.2 | 6.9 | 8.2 | 13.9 | 14.7% |
| Switzerland | 11.1 | 10.8 | 11.6 | 11.2 | 0.3% |
| Germany | 6.7 | 3.9 | 8.3 | 7.0 | 1.5% |
| Greece | 1.3 | 0.1 | 2.3 | 6.4 | 70.1% |
| Slovenia | 7.2 | 3.9 | 4.7 | 6.4 | -3.9% |
| France | 5.0 | 3.9 | 4.5 | 5.0 | 0.0% |
| Croatia | 7.8 | 5.5 | 7.4 | 4.8 | -14.9% |
| Netherlands | 3.7 | 2.2 | 4.4 | 3.9 | 1.8% |
| Czech Republic | 3.4 | 1.5 | 3.3 | 2.7 | -7.4% |
| Poland | 1.9 | 1.2 | 3.5 | 2.0 | 1.7% |
| Others | 9.1 | 6.6 | 11.2 | 9.6 | 1.8% |
| Total | 123 | 84.4 | 115 | 121 | -0.5% |
Top Export Markets for Turkey Meat from Hungary in 2022:
- Romania (5.7K tons)
- Slovakia (3.8K tons)
- Austria (3.7K tons)
- Italy (2.7K tons)
- Germany (1.9K tons)
- Switzerland (1.7K tons)
- Greece (1.2K tons)
- Slovenia (1.2K tons)
- Croatia (1.1K tons)
- Netherlands (1.0K tons)
- Poland (1.0K tons)
- France (1.0K tons)
- Czech Republic (0.7K tons)
Turkey Meat Imports in Hungary
For the third year in a row, Hungary recorded decline in purchases abroad of turkey meat, which decreased by -12.4% to 3.7K tons in 2022. Over the period under review, imports faced a deep contraction. The smallest decline of -12.2% was in 2020.
In value terms, turkey meat imports expanded notably to $13M in 2022. Overall, imports saw a noticeable reduction.
| Import of Turkey Meat in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.1 | 4.1 | 6.7 | 7.1 | 86.2% |
| Austria | 4.3 | 4.1 | 4.1 | 3.8 | -4.0% |
| Germany | 4.6 | 2.7 | 0.8 | 1.0 | -39.9% |
| Romania | 0.1 | 0.1 | N/A | 0.7 | 91.3% |
| Ukraine | N/A | N/A | N/A | 0.3 | 0% |
| Estonia | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| Spain | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| United Kingdom | 4.1 | 2.5 | N/A | N/A | -39.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Total | 14.8 | 13.9 | 12.1 | 13.4 | -3.3% |
Top Suppliers of Turkey Meat to Hungary in 2022:
- Poland (1695.3 tons)
- Austria (1270.7 tons)
- Germany (169.3 tons)
- France (153.4 tons)
- Romania (120.0 tons)
- Estonia (65.5 tons)
- Ukraine (55.4 tons)
- United Kingdom (1.9 tons)
This report provides an in-depth analysis of the turkey meat market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1080 - Turkey meat
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
630
This report provides an in-depth analysis of the turkey meat market in Hungary.
279
This report provides an in-depth analysis of the frozen turkey cut market in Hungary.
308
This report provides an in-depth analysis of the frozen whole turkey market in Hungary.
364
This report provides an in-depth analysis of the frozen whole chicken market in Hungary.
290
This report provides an in-depth analysis of the frozen poultry liver market in Hungary.
339
This report provides an in-depth analysis of the frozen chicken cut market in Hungary.
321
This report provides an in-depth analysis of the market for fresh or chilled whole turkey in Hungary.
342
This report provides an in-depth analysis of the fresh whole chicken market in Hungary.
303
This report provides an in-depth analysis of the market for fresh or chilled turkey cut in Hungary.
351
This report provides an in-depth analysis of the fresh chicken cut market in Hungary.
549
In 2019, the global turkey meat market increased by 3.5% to $12.8B, rising for the second consecutive year after two...
1199
The global turkey meat market revenue amounted to $544M in 2017, dropping by -11.8% against the previous year. This figure...
3285
In 2017, the global turkey meat market amounted to X tons, which was approximately the level of 2016.
1312
In 2017, the global turkey meat market amounted to X thousand tons, which was approximately the level of 2016.
9452
Global turkey meat consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1917
Global turkey meat exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
4595
Global turkey meat imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1527
The U.S. continued its dominance in the global turkey meat trade. In 2014, the U.S. exported X thousand tons of turkey meat totaling X million USD, X% over the previous year. Its primary trading partner was Mexico, where it supplied X% of its t
1962
In 2015, the country with the largest volume of the duck meat output was China (X thousand tons), accounting for X% of global production. The third position in this ranking was occupied by Hungary with a share of X>
2816
The Netherlands dominates in the global trade of duck, goose and guinea fowl. In 2014, the Netherlands exported X million units of duck, goose and guinea fowl totaling X million USD, X% over the previous year. Its primary trading partner was Germany,
