Hungary: Frozen Freshwater Fish Market 2025

Frozen Freshwater Fish Market Size in Hungary

In 2021, the Hungarian frozen freshwater fish market increased by 0.5% to $X, rising for the fourth year in a row after two years of decline. Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% 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 +57.2% against 2017 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Frozen Freshwater Fish Production in Hungary

In value terms, frozen freshwater fish production fell modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +76.2% against 2017 indices. The growth pace was the most rapid in 2019 when the production volume increased by 33%. Over the period under review, production attained the maximum level at $X in 2020, and then declined slightly in the following year.

Frozen Freshwater Fish Exports

Exports from Hungary

In 2021, shipments abroad of frozen freshwater fish was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of 118%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, frozen freshwater fish exports shrank modestly to $X in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 138% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Romania (X tons) and the UK (X kg) were the main destinations of frozen freshwater fish exports from Hungary, together comprising 80% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +39.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen freshwater fish exported from Hungary were Romania ($X), Slovakia ($X) and the UK ($X), together comprising 73% of total exports.

Among the main countries of destination, the UK, with a CAGR of +37.4%, saw the highest growth rate of 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 frozen freshwater fish export price amounted to $X per ton, which is down by -13.7% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovakia ($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 Slovenia (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Freshwater Fish Imports

Imports into Hungary

In 2021, purchases abroad of frozen freshwater fish was finally on the rise to reach X tons after two years of decline. Over the period under review, imports saw a mild expansion. The growth pace was the most rapid in 2014 with an increase of 159%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, frozen freshwater fish imports surged to $X in 2021. Overall, imports recorded mild growth. The pace of growth appeared the most rapid in 2014 with an increase of 99%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest supplier of frozen freshwater fish to Hungary, accounting for a 44% share of total imports. Moreover, frozen freshwater fish imports from Ukraine exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ukraine stood at +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+13.1% per year) and Kazakhstan (-15.9% per year).

In value terms, Ukraine ($X), Spain ($X) and Kazakhstan ($X) constituted the largest frozen freshwater fish suppliers to Hungary, with a combined 77% share of total imports.

Ukraine, with a CAGR of +39.6%, 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

The average frozen freshwater fish import price stood at $X per ton in 2021, rising by 26% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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