Key Market Indicators
Hungarian Beef Imports are expected to reach 16,200 Metric Tons by 2026 from 14,520 Metric Tons in 2021, rising by 1% year on year on average. Since 2011, imports increased considerably by 0.2%. Hungarian beef consumption is expected to reach 44,000 metric tons by 2026, up 0.5% year-on-year on average. Since 2017, Hungarian demand has been relatively stable. Meanwhile, Hungarian beef production is projected to decline by 1% to 27,800 metric tons by 2026. Since 1966, Hungarian beef supply has risen by 0.4% year-on-year. Hungary ranked 111th in 2021, overtaken by Greece at 29,480 metric tons. Brazil, China and Argentina ranked second, third and fourth respectively. Finally, Hungarian beef imports are forecast to reach 16,200 metric tons by 2026, up 1% year-on-year on average. Since 2011, imports have grown by a significant 0.2%.
