Hungary: The producer price of broiler chickens decreased by 18 percent

Frozen Whole Chicken

Meat

Hungary

Market & Price Trends

Published Jan 18, 2024

Tridge summary

Between January and October 2023, Hungary's poultry meat exports increased by 3 percent to nearly 180,000 tons, with chicken exports rising by 13 percent and turkey exports decreasing by 37 percent. The largest target markets for poultry meat were Romania, Germany, Austria, and Bulgaria. In the first eleven months of 2023, 629.3 thousand tons of poultry were slaughtered in Hungary, with slaughter chickens accounting for 461.2 thousand tons and slaughter turkeys for 66.8 thousand tons. Additionally, the live weight producer price of slaughter chickens and turkeys in Hungary decreased by 18.4 percent and 10.7 percent respectively in the first week of 2024 compared to the same week of the previous year.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Based on data from the KSH, Hungary's poultry meat exports increased by 3 percent to almost 180,000 tons between January and October 2023 compared to the same period of the previous year. Within this, the export of chicken increased by 13 percent to 122,000 tons, while that of turkey decreased by 37 percent to 16,000 tons. The largest target markets for poultry meat were Romania (24 thousand tons), Germany (18 thousand tons), Austria (16 thousand tons) and Bulgaria (16 thousand tons). Hungary's poultry meat imports increased by 7 percent to 73,000 tons in the observed period. Within this, the delivery of chicken meat increased by 7 percent to approximately 54 thousand tons, and that of turkey meat by 21 percent to 3.5 thousand tons. Based on the AKI's slaughter statistics data, 629.3 thousand tons (live weight) of poultry were slaughtered in Hungary in the first eleven months of 2023, 7.6 percent more than in the same period of the previous year. Of this, slaughter chickens ...

Source: Trademagazin