Key Market Indicators
Hungarian meat sales are projected to climb to €4 billion by 2028, up from €3.7 billion in 2023, marking an annual growth rate of 1.3%. This follows a steady increase of 0.4% per year since 2013. In 2023, Hungary ranked 14th globally in meat sales, with Sweden surpassing it at the same €3.7 billion mark. Leading the rankings were France, Spain, and Italy, respectively. Meanwhile, Hungarian meat consumption is anticipated to reach 892,000 metric tons by 2028, rising from 850,000 metric tons in 2023. This represents an annual growth rate of 0.8% since 2019. On the production front, Hungary is set to produce 1.09 million metric tons of meat by 2028, up from 1.06 million metric tons in 2023, growing at an average annual rate of 0.5%. This trend has been consistent since 1966, with a yearly increase of 0.5%.
