Bulgaria - Fresh Or Chilled Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Cut Price in Bulgaria - 2023
Contents:
- Fresh Pork Cut Price in Bulgaria (CIF) - 2023
- Fresh Pork Cut Price in Bulgaria (FOB) - 2023
- Fresh Pork Cut Imports in Bulgaria
- Fresh Pork Cut Exports in Bulgaria
Fresh Pork Cut Price in Bulgaria (CIF) - 2023
The average fresh pork cut import price stood at $3,494 per ton in June 2023, with an increase of 5.5% against the previous month. In general, import price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, fresh pork cut import price increased by +61.3% against June 2022 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 17% m-o-m. Over the period under review, average import prices reached the maximum in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Spain ($3,803 per ton) and Denmark ($3,718 per ton), while the price for Hungary ($2,977 per ton) and France ($2,992 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Pork Cut Price in Bulgaria (FOB) - 2023
The average fresh pork cut export price stood at $3,898 per ton in June 2023, rising by 2.2% against the previous month. Overall, export price indicated pronounced growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, fresh pork cut export price decreased by -3.6% against April 2023 indices. The growth pace was the most rapid in August 2022 an increase of 77% against the previous month. Over the period under review, the average export prices reached the maximum at $4,042 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In June 2023, the country with the highest price was Romania ($4,001 per ton), while the average price for exports to Greece stood at $3,725 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+4.2%).
Fresh Pork Cut Imports in Bulgaria
Fresh pork cut imports into Bulgaria rose markedly to 20K tons in 2022, increasing by 9.5% on the year before. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, fresh pork cut imports skyrocketed to $46M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh Pork Cut in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.7 | 8.9 | 7.6 | 19.4 | 12.3% |
| France | 13.5 | 14.1 | 12.3 | 9.8 | -10.1% |
| Netherlands | 0.9 | 2.3 | 4.2 | 5.1 | 78.3% |
| Germany | 0.9 | 2.9 | 4.2 | 3.8 | 61.6% |
| Hungary | 3.6 | 2.2 | 1.8 | 3.2 | -3.9% |
| Belgium | 0.5 | 0.6 | 1.4 | 2.8 | 77.6% |
| Poland | 1.3 | 1.0 | 0.6 | 0.1 | -57.5% |
| Others | 0.8 | 1.4 | 1.5 | 1.7 | 28.6% |
| Total | 35.2 | 33.3 | 33.6 | 45.8 | 9.2% |
Top Suppliers of Fresh Pork Cut to Bulgaria in 2022:
- Spain (7.7K tons)
- France (5.1K tons)
- Netherlands (2.1K tons)
- Germany (1.9K tons)
- Hungary (1.6K tons)
- Belgium (1.3K tons)
- Poland (0.1K tons)
Fresh Pork Cut Exports in Bulgaria
In 2022, the amount of fresh or chilled hams, shoulders and cuts of pig meat exported from Bulgaria skyrocketed to 821 tons, rising by 290% on the previous year. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh pork cut exports skyrocketed to $2M in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh Pork Cut in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 29.9 | 244 | 275 | 1,809 | 292.6% |
| Greece | 392 | 14.9 | 199 | 220 | -17.5% |
| Others | 5.8 | 101 | 98.9 | 10.3 | 21.1% |
| Total | 428 | 360 | 573 | 2,039 | 68.3% |
Top Export Markets for Fresh Pork Cut from Bulgaria in 2022:
- Romania (739.1 tons)
- Greece (79.9 tons)
This report provides an in-depth analysis of the fresh pork cut 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 10111250 - Fresh or chilled hams, shoulders and cuts thereof with bone in, of pig meat (including fresh meat packed with salt as a temporary preservative)
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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