Report Update Nov 1, 2024

Hungary - Frozen Catfish - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Frozen Catfish Market 2022

Frozen Catfish Market Size in Hungary

The Hungarian frozen catfish market contracted remarkably to $X in 2020, waning by -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). Over the period under review, consumption recorded a precipitous decline. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Frozen Catfish Exports

Exports from Hungary

In 2020, frozen catfish exports from Hungary plummeted to X kg, waning by -X% against the previous year. Over the period under review, exports showed a significant contraction. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen catfish exports dropped rapidly to $X in 2020. In general, exports faced a significant decline. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Romania (X kg), the UK (X kg) and Switzerland (X kg) were the main destinations of frozen catfish exports from Hungary.

From 2007 to 2020, the biggest increases were in the UK, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Romania ($X), the UK ($X) and Switzerland ($X) constituted the largest markets for frozen catfish exported from Hungary worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the UK recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average frozen catfish export price stood at $X per ton in 2020, increasing by X% against the previous year. Overall, the export price posted a prominent expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Catfish Imports

Imports into Hungary

In 2020, the amount of frozen catfish imported into Hungary declined dramatically to X kg, dropping by -X% compared with 2019. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, frozen catfish imports fell significantly to $X in 2020. In general, imports saw a sharp setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Czech Republic (X kg) was the main supplier of frozen catfish to Hungary, accounting for a X% share of total imports. Moreover, frozen catfish imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Italy (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Czech Republic amounted to -X%.

In value terms, the Czech Republic ($X) constituted the largest supplier of frozen catfish to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the Czech Republic amounted to -X%.

Import Prices by Country

The average frozen catfish import price stood at $X per ton in 2020, jumping by X% against the previous year. In general, the import price, however, showed a mild shrinkage. Over the period under review, average import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per ton), while the price for the Czech Republic amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish in the world?

The countries with the highest volumes of frozen catfish consumption in 2020 were Vietnam, Colombia and Thailand, with a combined 45% share of global consumption. Saudi Arabia, Cote d'Ivoire, Cameroon, Denmark, Democratic Republic of the Congo, the U.S., Qatar, China, Russia and South Korea lagged somewhat behind, together comprising a further 30%.

What are the largest producers of frozen catfish in the world?

The country with the largest volume of frozen catfish production was Vietnam, accounting for 75% of total volume. Moreover, frozen catfish production in Vietnam exceeded the figures recorded by the second-largest producer, China, more than tenfold. Thailand ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of frozen catfish to Hungary?

In value terms, the Czech Republic $690) constituted the largest supplier of frozen catfish to Hungary, comprising 91% of total imports. The second position in the ranking was occupied by Italy $70), with a 9.2% share of total imports.

What are the leading importers of frozen catfish from Hungary?

In value terms, the largest markets for frozen catfish exported from Hungary were Romania $585), the UK $484) and Switzerland $381), together accounting for 100% of total exports.

What is the average export price for frozen catfish in Hungary?

In 2020, the average frozen catfish export price amounted to $7,401 per ton, rising by 167% against the previous year.

What is the average import price for frozen catfish in Hungary?

The average frozen catfish import price stood at $3,617 per ton in 2020, increasing by 61% against the previous year.

This report provides an in-depth analysis of the frozen catfish 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