Hungary: Market for Dog And Cat Food 2024

Market Size for Dog And Cat Food in Hungary

The Hungarian dog and cat food market skyrocketed to $X in 2021, jumping by 39% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +91.6% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Dog And Cat Food in Hungary

In value terms, dog and cat food production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 20% against the previous year. Dog and cat food production peaked in 2021 and is expected to retain growth in the near future.

Exports of Dog And Cat Food

Exports from Hungary

In 2021, approx. X tons of dog and cat food were exported from Hungary; with an increase of 6.8% compared with the previous year. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +90.4% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 19%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, dog and cat food exports surged to $X in 2021. The total export value increased at an average annual rate of +5.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by 24% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons) was the main destination for dog and cat food exports from Hungary, with a 28% share of total exports. Moreover, dog and cat food exports to Romania exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+6.5% per year) and Germany (-3.1% per year).

In value terms, Romania ($X), Germany ($X) and Poland ($X) constituted the largest markets for dog and cat food exported from Hungary worldwide, with a combined 37% share of total exports. These countries were followed by Austria, Italy, the UK, France, Ukraine, the Czech Republic, Croatia, Serbia, the Netherlands and Slovakia, which together accounted for a further 39%.

In terms of the main countries of destination, Serbia, with a CAGR of +14.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dog and cat food export price amounted to $X per ton, with an increase of 10% against the previous year. Over the period under review, the export price, however, saw a slight decline. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dog And Cat Food

Imports into Hungary

For the tenth year in a row, Hungary recorded growth in supplies from abroad of dog and cat food, which increased by 6.6% to X tons in 2021. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 43% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, dog and cat food imports skyrocketed to $X in 2021. Overall, imports recorded a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 26%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and the Czech Republic (X tons) were the main suppliers of dog and cat food imports to Hungary, with a combined 57% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +45.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dog and cat food suppliers to Hungary were Germany ($X), Poland ($X) and the Czech Republic ($X), together comprising 62% of total imports.

The Czech Republic, with a CAGR of +51.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average dog and cat food import price amounted to $X per ton, surging by 15% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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