Earlier Report Observations
The market for salted, in brine, dried or smoked beef in Hungary, measured in value, increased from 681 thousand US dollars in 2018 to 772 thousand in 2019, then stabilized at 768 thousand in 2020.
In 2022, key regulatory developments were set in motion. Amendments to the Hungarian Food Code established more precise quality guarantees for meat products, including salted and smoked beef, with the rules taking effect in June 2025. The same year, the tax authority confirmed the application of a 5% VAT rate to dried or smoked beef, supporting price competitiveness for these products.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2020
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4.1. In value
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5. Production
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5.1. Production in Hungary
- 5.1.1. In kind, 2018-2023, t
- 5.1.2. In value, 2018-2020, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Hungary
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production salted, in brine, dried or smoked beef in Hungary
In value, 2018-2021, K $ US
Hungary's production of salted, brined, dried, or smoked beef increased for the second consecutive year. In 2020, the output was valued at 372.8 thousand US dollars, marking a 1.3% rise compared to the previous year.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.4% | 1.3% | n/a | - |
In kind, 2018-2021, t
From 2018 to 2021, Hungary ranked 21st globally in the production of salted, brined, dried, or smoked beef.
Top producers of salted, in brine, dried or smoked beef, 2018-2021
World map of production of salted, in brine, dried or smoked beef, 2018-2021
Hungary's production of salted, brined, dried, or smoked beef increased for the third consecutive year. In 2020, the country produced 5 813 tonnes, representing a sharp increase of 6 287.4% from 2019. Over the period from 2018 to 2020, production grew by 7 548%, with a compound annual growth rate of 324.5%.
Annual dynamics of production in Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.8% | 7.1% | 6 287.4% | 324.5% |
Exports salted, in brine, dried or smoked beef from Hungary
Exports in kind, t
Hungary's export volume of salted, brined, dried, or smoked beef increased for the third consecutive year. In 2021, exports reached 244.7 tonnes, which is 83.0% higher than the previous year. From 2018 to 2021, exports rose by 3 085%, with a compound annual growth rate of 217.0%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.8% | 1 240.9% | 83.0% | 217.0% |
From 2018 to 2021, Vietnam and Hong Kong were the primary destinations for Hungary's exports in kind, together accounting for 88.3% of total flows, while the remaining share was distributed among other markets.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Hungary in kind, 2018-2021
Exports in value, K $ US
Hungary's exports of salted, brined, dried, or smoked beef increased for the third consecutive year. In 2021, the country exported 1 269 thousand US dollars worth of these products, showing a steep rise of 208.0% compared to the previous year. Over the period from 2018 to 2021, exports grew by 993.2%, with a compound annual growth rate of 121.9%.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 55.9% | 127.6% | 208.0% | 121.9% |
From 2018 to 2021, Vietnam, Croatia, and Sweden were the top buyers of salted, brined, dried, or smoked beef from Hungary in value terms. Vietnam accounted for 49.3% of exports, Croatia for 24.9%, and Sweden for 15.1%, together making up 89.3% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports salted, in brine, dried or smoked beef to Hungary
Imports in kind, t
The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2018 and peaked in 2020, with a 3.8-fold difference between these years. In 2021, Hungary imported 42.7 tonnes of salted, brined, dried, or smoked beef, a decrease of 34.4% from 2020. The maximum volume was recorded in 2020 at 65.0 tonnes, with the largest increase of 128.1% also occurring that year.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 64.5% | 128.1% | (34.4%) | 35.0% |
From 2018 to 2021, Germany, Italy, and Croatia were consistently the main sources for Hungary's imports in kind. Germany accounted for 40.1% of imports, Italy for 35.9%, and Croatia for 13.4%, together representing 89.4% of total flows.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Hungary in kind, 2018-2021
Imports in value, K $ US
After a two-year increase, Hungary's imports of salted, brined, dried, or smoked beef declined. In 2021, imports amounted to 566 thousand US dollars, down by 29.9% from the previous year. Between 2018 and 2021, imports rose by 31.6%, equating to an annualized growth rate of 9.6%. The maximum value was recorded in 2020 at 808 thousand US dollars, with the largest increase of 38.0% also in that year.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 36.0% | 38.0% | (29.9%) | 9.6% |
From 2018 to 2021, the leading sources for Hungary's imports in value terms were Italy, Croatia, and Germany. Italy accounted for 38.0% of imports, Croatia for 20.3%, and Germany for 19.6%, together making up 78.0% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Hungary in value, 2018-2021
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