Price for Animal Products; Bovine Semen in Bulgaria - 2023
Contents:
- Price for Animal Products; Bovine Semen in Bulgaria (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Bulgaria
Price for Animal Products; Bovine Semen in Bulgaria (CIF) - 2022
The average animal products; bovine semen import price stood at $730 per unit in 2022, picking up by 6.2% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 19% against the previous year. The import price peaked at $3,201 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,926 per unit), while the price for Ireland ($135 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.8%), while the prices for the other major suppliers experienced a decline.
Imports of Animal Products; Bovine Semen in Bulgaria
In 2022, supplies from abroad of animal products; bovine semens decreased by -17.7% to 958 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 10%. Imports peaked at 1.2K units in 2021, and then declined dramatically in the following year.
In value terms, animal products; bovine semen imports fell to $699K in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22%. Imports peaked at $800K in 2021, and then dropped in the following year.
| Import of Animal Products; Bovine Semen in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 241 | 313 | 248 | 325 | 10.5% |
| Netherlands | 146 | 131 | 238 | 106 | -10.1% |
| Germany | 64.7 | 106 | 92.5 | 92.5 | 12.7% |
| Ireland | 6.2 | 6.2 | 5.0 | 11.8 | 23.9% |
| Denmark | 41.7 | 68.6 | 17.2 | 8.6 | -40.9% |
| Others | 113 | 123 | 199 | 155 | 11.1% |
| Total | 612 | 748 | 800 | 699 | 4.5% |
Top Suppliers of Animal Products; Bovine Semen to Bulgaria in 2022:
- Germany (485.0 units)
- Netherlands (286.0 units)
- Ireland (87.0 units)
- United States (66.0 units)
- Denmark (21.0 units)
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