Report Update Nov 1, 2024

Hungary - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in Hungary

The Hungarian frozen atlantic halibut market dropped rapidly to $X in 2020, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt downturn. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Frozen atlantic halibut consumption peaked at $X in 2019, and then fell sharply in the following year.

Frozen Atlantic Halibut Exports

Exports from Hungary

In 2020, approx. X kg of frozen atlantic halibut were exported from Hungary; almost unchanged from 2019. Overall, exports saw significant growth. Over the period under review, exports hit record highs at X kg in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, frozen atlantic halibut exports stood at $X in 2020. In general, exports saw significant growth. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Denmark (X kg) was the main destination for frozen atlantic halibut exports from Hungary, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Denmark was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to Denmark was relatively modest.

Export Prices by Country

In 2018, the average frozen atlantic halibut export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price showed a pronounced increase. Over the period under review, average export prices reached the peak figure in 2018 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2007 to 2018, the rate of growth in terms of prices for Denmark amounted to X% per year.

Frozen Atlantic Halibut Imports

Imports into Hungary

In 2020, purchases abroad of frozen atlantic halibut decreased by -X% to X kg for the first time since 2016, thus ending a three-year rising trend. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019, and then fell significantly in the following year.

In value terms, frozen atlantic halibut imports declined remarkably to $X in 2020. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019, and then dropped dramatically in the following year.

Imports by Country

In 2020, the Netherlands (X kg) was the main supplier of frozen atlantic halibut to Hungary, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands totaled +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of frozen atlantic halibut to Hungary.

From 2007 to 2020, the average annual growth rate of value from the Netherlands amounted to +X%.

Import Prices by Country

The average frozen atlantic halibut import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, import price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen atlantic halibut import price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic halibut in the world?

The countries with the highest volumes of frozen atlantic halibut consumption in 2020 were China, Denmark and Japan, with a combined 74% share of global consumption.

What are the largest producers of frozen atlantic halibut in the world?

The country with the largest volume of frozen atlantic halibut production was Denmark, comprising approx. 42% of total volume. Moreover, frozen atlantic halibut production in Denmark exceeded the figures recorded by the second-largest producer, Canada, twofold. Norway ranked third in terms of total production with a 13% share.

What are the leading suppliers of frozen atlantic halibut to Hungary?

In value terms, the Netherlands $941) constituted the largest supplier of frozen atlantic halibut to Hungary.

What is the average export price for frozen atlantic halibut in Hungary?

The average frozen atlantic halibut export price stood at $6,955 per ton in 2018, therefore, remained relatively stable against the previous year.

What is the average import price for frozen atlantic halibut in Hungary?

In 2020, the average frozen atlantic halibut import price amounted to $9,412 per ton, reducing by -7.7% against the previous year.

This report provides an in-depth analysis of the frozen atlantic halibut 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 2025.

Product coverage:

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023