Price for Fish Meal; Fit for Human Consumption in Hungary - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Hungary (CIF) - 2022
- Price for Fish Meal; Fit for Human Consumption in Hungary (FOB) - 2022
- Imports of Fish Meal; Fit for Human Consumption in Hungary
- Exports of Fish Meal; Fit for Human Consumption in Hungary
Price for Fish Meal; Fit for Human Consumption in Hungary (CIF) - 2022
The average import price for fish meal; fit for human consumptia stood at $8,340 per ton in 2022, leveling off at the previous year. Overall, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 56%. The import price peaked at $20,077 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($48,330 per ton), while the price for Norway ($6,318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Meal; Fit for Human Consumption in Hungary (FOB) - 2022
The average export price for fish meal; fit for human consumptia stood at $9,779 per ton in 2022, rising by 22% against the previous year. In general, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2020 an increase of 56%. Over the period under review, the average export prices attained the peak figure at $13,732 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,629 per ton), while the average price for exports to Singapore ($9,372 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 Germany (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Meal; Fit for Human Consumption in Hungary
In 2022, supplies from abroad of fish meal; fit for human consumptia increased by 1.3% to 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt decrease.
In value terms, imports of fish meal; fit for human consumptia rose to $278K in 2022. Overall, imports, however, recorded a deep downturn.
| Import of Fish Meal; Fit for Human Consumption in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 243 | 163 | 158 | 162 | -12.6% |
| France | 123 | 70.7 | 72.2 | 74.1 | -15.5% |
| New Zealand | 9.9 | 19.8 | 24.1 | 24.7 | 35.6% |
| Spain | 24.7 | 24.6 | 14.1 | 17.0 | -11.7% |
| Sweden | 8.8 | 6.0 | N/A | N/A | -31.8% |
| Others | N/A | N/A | 3.1 | N/A | 0% |
| Total | 409 | 284 | 271 | 278 | -12.1% |
Top Suppliers of Fish Meal; Fit for Human Consumption to Hungary in 2022:
- Norway (25.6 tons)
- France (6.2 tons)
- Spain (1.0 tons)
- New Zealand (0.5 tons)
Exports of Fish Meal; Fit for Human Consumption in Hungary
In 2022, overseas shipments of fish meal; fit for human consumptia increased by 73% to 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous shrinkage.
In value terms, exports of fish meal; fit for human consumptia skyrocketed to $15K in 2022. Over the period under review, exports, however, saw a dramatic decline.
| Export of Fish Meal; Fit for Human Consumption in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 6.4 | 13.9 | 4.6 | 12.2 | 24.0% |
| Germany | 5.3 | 1.2 | N/A | 1.9 | -29.0% |
| Switzerland | 0.5 | 0.4 | 0.2 | 0.5 | 0.0% |
| Norway | 21.9 | N/A | 0.8 | N/A | -80.9% |
| South Korea | N/A | 6.6 | N/A | N/A | 0% |
| Malaysia | N/A | N/A | 1.2 | N/A | 0% |
| Others | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Total | 34.9 | 22.2 | 6.9 | 14.5 | -25.4% |
Top Export Markets for Fish Meal; Fit for Human Consumption from Hungary in 2022:
- Singapore (1300.0 kg)
- Germany (151.0 kg)
- Switzerland (36.0 kg)
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