Bulgaria - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Turkey Price in Bulgaria - 2023
Contents:
- Preserved Turkey Price in Bulgaria (CIF) - 2023
- Preserved Turkey Price in Bulgaria (FOB) - 2022
- Preserved Turkey Imports in Bulgaria
- Preserved Turkey Exports in Bulgaria
Preserved Turkey Price in Bulgaria (CIF) - 2023
The average preserved turkey import price stood at $3,843 per ton in May 2023, approximately reflecting the previous month. Over the period under review, import price indicated a temperate increase from May 2022 to May 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, preserved turkey import price decreased by -17.1% against February 2023 indices. The growth pace was the most rapid in January 2023 an increase of 38% month-to-month. Over the period under review, average import prices reached the maximum at $4,634 per ton in February 2023; however, from March 2023 to May 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($6,629 per ton), while the price for Italy ($1,987 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Hungary (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Turkey Price in Bulgaria (FOB) - 2022
The average preserved turkey export price stood at $1,717 per ton in 2022, picking up by 2.9% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs at $7,234 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($4,888 per ton), while the average price for exports to North Macedonia ($1,614 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Turkey Imports in Bulgaria
Preserved turkey imports into Bulgaria shrank to 732 tons in 2022, which is down by -5.1% compared with the year before. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports attained the peak of 772 tons, and then dropped in the following year.
In value terms, preserved turkey imports soared to $2.2M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 59%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Preserved Turkey in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 172 | 233 | 488 | 839 | 69.6% |
| Germany | 468 | 316 | 347 | 542 | 5.0% |
| Poland | 137 | 227 | 496 | 475 | 51.4% |
| Italy | 222 | 185 | 178 | 225 | 0.4% |
| Romania | 227 | 211 | 331 | 129 | -17.2% |
| Spain | 19.2 | 12.4 | 49.3 | 9.7 | -20.4% |
| Others | 136 | 19.9 | 21.3 | 20.6 | -46.7% |
| Total | 1,380 | 1,204 | 1,911 | 2,240 | 17.5% |
Top Suppliers of Preserved Turkey to Bulgaria in 2022:
- Hungary (309.3 tons)
- Italy (125.4 tons)
- Germany (123.0 tons)
- Poland (105.9 tons)
- Romania (54.1 tons)
- Spain (11.8 tons)
Preserved Turkey Exports in Bulgaria
Preserved turkey exports from Bulgaria rose slightly to 343 tons in 2022, with an increase of 2.3% on the previous year. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,123% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, preserved turkey exports rose remarkably to $589K in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,404% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Preserved Turkey in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 10.1 | 263 | 432 | 474 | 260.7% |
| Kosovo | N/A | 12.3 | 52.5 | 76.9 | 150.0% |
| North Macedonia | N/A | 12.3 | 15.3 | 18.6 | 23.0% |
| Montenegro | N/A | 1.7 | 18.8 | 13.1 | 177.6% |
| Others | 9.2 | N/A | 41.3 | 6.7 | -10.0% |
| Total | 19.3 | 290 | 560 | 589 | 212.5% |
Top Export Markets for Preserved Turkey from Bulgaria in 2022:
- Serbia (279.2 tons)
- Kosovo (44.4 tons)
- North Macedonia (11.5 tons)
- Montenegro (7.5 tons)
This report provides an in-depth analysis of the preserved turkey 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 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
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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