Hungary - Unripened or Uncured Cheese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncured Cheese Price in Hungary - 2023
Contents:
- Uncured Cheese Price in Hungary (FOB) - 2023
- Uncured Cheese Price in Hungary (CIF) - 2023
- Uncured Cheese Exports in Hungary
- Uncured Cheese Imports in Hungary
Uncured Cheese Price in Hungary (FOB) - 2023
In August 2023, the average uncured cheese export price amounted to $5,201 per ton, which is down by -3.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in November 2022 an increase of 11% against the previous month. The export price peaked at $5,590 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($5,913 per ton), while the average price for exports to Saudi Arabia ($2,603 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Uncured Cheese Price in Hungary (CIF) - 2023
In July 2023, the average uncured cheese import price amounted to $4,078 per ton, with an increase of 1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 19% m-o-m. As a result, import price attained the peak level of $4,108 per ton; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Slovakia ($6,083 per ton), while the price for Poland ($3,123 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Uncured Cheese Exports in Hungary
In 2022, after three years of growth, there was significant decline in shipments abroad of unripened or uncured cheese, when their volume decreased by -10.8% to 18K tons. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 21K tons, and then dropped in the following year.
In value terms, uncured cheese exports contracted to $78M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $78M, leveling off in the following year.
| Export of Uncured Cheese in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 27.7 | 28.3 | 36.5 | 30.8 | 3.6% |
| France | 4.3 | 6.4 | 9.9 | 11.8 | 40.0% |
| Germany | 2.6 | 3.5 | 6.5 | 7.1 | 39.8% |
| Romania | 2.7 | 3.0 | 3.7 | 5.1 | 23.6% |
| Saudi Arabia | N/A | 0.6 | 4.3 | 3.9 | 155.0% |
| Slovakia | 3.7 | 7.1 | 3.0 | 3.8 | 0.9% |
| Spain | 1.5 | 1.5 | 2.0 | 3.1 | 27.4% |
| Poland | 2.1 | 2.7 | 3.5 | 2.1 | 0.0% |
| Others | 5.4 | 7.4 | 8.4 | 10.0 | 22.8% |
| Total | 50.0 | 60.5 | 77.8 | 77.7 | 15.8% |
Top Export Markets for Uncured Cheese from Hungary in 2022:
- Italy (6.8K tons)
- France (2.5K tons)
- Germany (1.7K tons)
- Romania (1.4K tons)
- Saudi Arabia (1.3K tons)
- Slovakia (1.1K tons)
- Spain (0.7K tons)
- Poland (0.3K tons)
Uncured Cheese Imports in Hungary
In 2022, the amount of unripened or uncured cheese imported into Hungary declined to 11K tons, dropping by -9% against the previous year. In general, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 4.9%. As a result, imports attained the peak of 13K tons, and then fell in the following year.
In value terms, uncured cheese imports fell to $38M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of $41M, and then declined in the following year.
| Import of Uncured Cheese in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.6 | 15.6 | 15.0 | 16.1 | -1.0% |
| Austria | 5.0 | 5.8 | 6.5 | 6.6 | 9.7% |
| Poland | 6.8 | 5.4 | 6.5 | 5.8 | -5.2% |
| Italy | 4.3 | 4.9 | 7.3 | 4.8 | 3.7% |
| Denmark | 1.2 | 1.0 | 0.8 | 1.9 | 16.6% |
| Slovakia | 1.0 | 1.3 | 2.9 | 1.5 | 14.5% |
| Netherlands | 1.3 | 1.3 | 1.1 | 0.4 | -32.5% |
| Others | 1.3 | 1.1 | 1.3 | 1.2 | -2.6% |
| Total | 37.5 | 36.5 | 41.4 | 38.3 | 0.7% |
Top Suppliers of Uncured Cheese to Hungary in 2022:
- Germany (4.8K tons)
- Austria (2.4K tons)
- Poland (2.0K tons)
- Italy (1.0K tons)
- Denmark (0.6K tons)
- Slovakia (0.3K tons)
- Netherlands (0.1K tons)
This report provides an in-depth analysis of the uncured cheese 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 2030.
Product coverage:
- Prodcom 10514030 - Unripened or uncured cheese (fresh cheese) (including whey cheese and curd)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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