Key Market Indicators
Hungarian sheep imports are projected to drop 1.4% a year, from $3.2 million in 2021 to almost $3 million in 2026. Since 1998, demand for sheep in Hungary has risen 4.1% annually. The country was 27th in the world rankings in 2021, with Bahrain leading the way with $3.2 million. Qatar, Kuwait and Israel followed in second, third and fourth place respectively. Meanwhile, Hungarian sheep exports are forecast to drop slightly by 0.3% year-on-year, from $46.1 million in 2021 to $45.2 million in 2026. Since 1999, output has increased 4.2% a year. Hungary ranked 6th in 2021, with Portugal at the top with $46.1 million. Spain, Australia and Jordan came in second, third and fourth place.
