Imports of live cattle increased by 33 percent

Based on data from the KSH, Hungary’s live cattle exports in January-November 2023 were 16 percent lower than the same period in 2022. The main partners were Kosovo, Croatia, Austria, Turkey and Italy. Hungary’s live cattle imports increased by 33 percent, more than half of the live cattle came from Denmark, Austria and Germany. The volume of beef exports decreased by 17 percent and the value by about 20 percent. The volume of beef imports decreased by 12 percent and the value by 5 percent in the observed period. According to the AKI PÁIR data, the producer price of young bulls was HUF 801/kilogram of split hot weight in January 2024, a 2 percent increase compared to the average price of the same month in 2023. The price of the slaughter heifer decreased by 13 percent and the price of the slaughter cow by 29 percent during the period under review. According to KSH data, the consumer price of beef steak in January 2024 was 8 percent (HUF 4,560/kilogram) higher than the price a year earlier.

AKI PÁIR