Bulgaria - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in Bulgaria - 2023
Contents:
- Fresh Beef Carcase Price in Bulgaria (CIF) - 2023
- Fresh Beef Carcase Price in Bulgaria (FOB) - 2023
- Fresh Beef Carcase Imports in Bulgaria
- Fresh Beef Carcase Exports in Bulgaria
Fresh Beef Carcase Price in Bulgaria (CIF) - 2023
In June 2023, the average fresh beef carcase import price amounted to $4,908 per ton, declining by -24.9% against the previous month. In general, the import price, however, showed a perceptible expansion. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 68% against the previous month. The import price peaked at $13,135 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($15,899 per ton), while the price for Denmark ($3,792 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Beef Carcase Price in Bulgaria (FOB) - 2023
The average fresh beef carcase export price stood at $6,539 per ton in July 2023, dropping by -7.9% against the previous month. Over the period under review, export price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, fresh beef carcase export price decreased by -12.2% against May 2023 indices. The pace of growth was the most pronounced in March 2023 when the average export price increased by 38% against the previous month. Over the period under review, the average export prices hit record highs at $7,448 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($34,466 per ton), while the average price for exports to the Netherlands ($4,336 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Beef Carcase Imports in Bulgaria
In 2022, after two years of decline, there was growth in overseas purchases of fresh or chilled carcases of beef and veal, when their volume increased by 0.1% to 702 tons. Over the period under review, imports, however, recorded a abrupt setback.
In value terms, fresh beef carcase imports surged to $3.4M in 2022. Overall, imports, however, continue to indicate a mild setback.
| Import of Fresh Beef Carcase in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,086 | 1,245 | 1,054 | 1,305 | 6.3% |
| Netherlands | 470 | 881 | 702 | 628 | 10.1% |
| Romania | 669 | 104 | 350 | 440 | -13.0% |
| Croatia | N/A | N/A | N/A | 307 | 0% |
| Poland | 717 | 159 | 261 | 299 | -25.3% |
| Germany | 165 | 41.4 | 24.8 | 176 | 2.2% |
| Czech Republic | N/A | N/A | N/A | 140 | 0% |
| Others | 442 | 352 | 309 | 121 | -35.1% |
| Total | 3,549 | 2,782 | 2,701 | 3,416 | -1.3% |
Top Suppliers of Fresh Beef Carcase to Bulgaria in 2022:
- Italy (323.9 tons)
- Romania (106.2 tons)
- Germany (55.2 tons)
- Poland (53.7 tons)
- Croatia (46.7 tons)
- Netherlands (43.7 tons)
- Czech Republic (39.7 tons)
Fresh Beef Carcase Exports in Bulgaria
In 2022, the amount of fresh or chilled carcases of beef and veal exported from Bulgaria surged to 100 tons, increasing by 70% against the year before. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, fresh beef carcase exports skyrocketed to $478K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Fresh Beef Carcase in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 0.3 | N/A | 54.1 | 155 | 702.4% |
| Germany | 1.5 | 50.1 | 76.7 | 118 | 328.5% |
| Romania | N/A | 32.8 | 64.8 | 57.4 | 32.3% |
| Netherlands | 2.2 | 27.3 | 33.7 | 41.1 | 165.3% |
| Belgium | 2.1 | 19.5 | 33.8 | 35.8 | 157.4% |
| North Macedonia | N/A | N/A | N/A | 27.4 | 0% |
| Greece | 7.2 | 2.0 | N/A | 25.7 | 52.8% |
| United Kingdom | 140 | N/A | N/A | N/A | 0% |
| Qatar | 68.6 | 4.8 | N/A | N/A | -93.0% |
| Others | N/A | 57.3 | 49.5 | 18.0 | -44.0% |
| Total | 222 | 194 | 313 | 478 | 29.1% |
Top Export Markets for Fresh Beef Carcase from Bulgaria in 2022:
- Croatia (36.1 tons)
- Germany (23.4 tons)
- Netherlands (10.6 tons)
- Belgium (8.1 tons)
- North Macedonia (7.2 tons)
- Greece (5.9 tons)
- Romania (4.9 tons)
This report provides an in-depth analysis of the fresh beef carcase market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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