The price per kilogram of frozen fish fillets in Hungary showed variability from 2011 to 2021, with an overall upward trend. Starting at 3.72 Euros in 2011, the price rose steadily, especially after 2015, peaking at 5.67 Euros in 2020. A slight decline was witnessed in 2021 to 5.66 Euros. The most significant year-on-year increase occurred between 2019 and 2020, while the compound annual growth rate (CAGR) over the last five years was positive, reflecting a consistent rise in prices.
Future trends to watch include:
- Potential impacts of inflation on food prices.
- Supply chain disruptions affecting fish product availability.
- Environmental policies influencing fishing practices and supply.
- Consumer preferences leaning towards sustainable options.