Hungary: The volume of beef exports decreased by 9 percent

Published Oct 3, 2023

Tridge summary

According to AKI's slaughter statistics data, cattle slaughter decreased by 10 percent in the first eight months of 2023 compared to the same period in 2022. Hungary's live cattle exports were 1 percent lower in the first half of 2023, while live cattle imports increased by 23 percent. The price of young bulls increased by 5 percent in September 2023, but the prices of slaughter heifers and cows decreased by 3 percent and 19 percent respectively. Additionally, the consumer price of beef steak was 20 percent higher in August 2023 compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to AKI's slaughter statistics data, cattle slaughter in January-August 2023 decreased by 10 percent compared to January-August 2022. Cows, which account for more than two-thirds of all slaughters, were slaughtered by 8.5 percent less. (Photo: Pixabay) Based on KSH data, Hungary's live cattle exports in January-June 2023 were 1 percent below the same period in 2022. Hungary's live cattle imports increased by 23 percent. The volume of beef exports decreased by 9 percent and the value by 7 percent. According to AKI PÁIR data, the producer price of young bulls was HUF 820/kilogram of split hot weight in September 2023, a 5 percent increase compared to the average price of the same month in 2022. The price of the ...
Source: Trademagazin

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