Hungary Meat Industry Outlook 2022 - 2026

Key Market Indicators

Sales of meat in Hungary are expected to reach €4.1 billion by 2026, up from €3.7 billion in 2021. This represents a year-on-year growth of 1.7% on average since 2013. Hungary ranked 15th in 2021, behind Sweden with €3.7 billion. France, Spain, and Italy came in second, third, and fourth respectively. Consumption of meat in Hungary is set to reach 876,000 metric tons by 2026, compared to 832,000 metric tons in 2021. This represents a year-on-year growth of 0.8% on average since 2017, with Hungary coming in 43rd in 2021, behind Israel at 832,000 metric tons. The United States, Brazil, and Russia followed respectively. Producing 1,073,700 metric tons of meat by 2026, Hungary is estimated to grow 0.5% year-on-year on average since 1966. Ranked 45th in 2021, Romania overtook Hungary at 1,043,900 metric tons. The United States Virgin Islands, Brazil, and Russia came in second, third, and fourth respectively.

Hungary Meat Market Data and Forecasts

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