Report Update: Apr 16, 2024

Bulgaria - Dog And Cat Food - Market Analysis, Forecast, Size, Trends And Insights

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Price for Dog and Cat Food in Bulgaria - 2023

Price for Dog and Cat Food in Bulgaria (CIF) - 2023

The average dog and cat food import price stood at $1,856 per ton in June 2023, picking up by 9.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($4,206 per ton), while the price for Greece ($955 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 France (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dog and Cat Food in Bulgaria (FOB) - 2023

In June 2023, the average dog and cat food export price amounted to $1,460 per ton, picking up by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in May 2023 an increase of 42% against the previous month. The export price peaked in June 2023.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($8,045 per ton), while the average price for exports to Armenia ($607 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dog and Cat Food in Bulgaria

In 2022, approx. 54K tons of dog and cat food were imported into Bulgaria; picking up by 3.6% on the year before. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, dog and cat food imports skyrocketed to $74M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 26%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Dog and Cat Food in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	9.6	15.5	19.0	21.4	30.6%
Hungary	8.6	8.4	10.4	14.9	20.1%
Germany	4.9	5.8	6.3	7.2	13.7%
Czech Republic	2.2	1.2	1.9	4.1	23.1%
Romania	2.0	1.6	1.9	3.5	20.5%
Greece	1.2	1.7	2.2	2.9	34.2%
Turkey	0.2	0.7	1.4	2.6	135.1%
Austria	1.6	2.9	3.8	2.4	14.5%
Netherlands	1.5	1.7	1.9	2.2	13.6%
France	1.0	2.2	2.0	2.1	28.1%
Italy	1.1	1.3	1.7	2.0	22.1%
Lithuania	0.8	0.8	1.3	1.3	17.6%
Spain	1.2	1.8	1.5	1.2	0.0%
Others	2.9	3.4	4.6	5.7	25.3%
Total	38.8	49.0	60.0	73.6	23.8%

Top Suppliers of Dog and Cat Food to Bulgaria in 2022:

Poland (16.5K tons)
Hungary (11.8K tons)
Germany (5.3K tons)
Romania (3.5K tons)
Greece (3.0K tons)
Austria (2.2K tons)
Turkey (2.0K tons)
Czech Republic (2.0K tons)
Italy (1.3K tons)
Netherlands (1.1K tons)
France (0.9K tons)
Lithuania (0.8K tons)
Spain (0.8K tons)

Exports of Dog and Cat Food in Bulgaria

In 2022, shipments abroad of dog and cat food decreased by -29.4% to 4.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 6.2K tons, and then shrank dramatically in the following year.

In value terms, dog and cat food exports reduced to $5.8M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, the exports reached the peak of $6.6M, and then shrank in the following year.

Export of Dog and Cat Food in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	N/A	1,750	1,903	8.7%
Romania	873	1,010	1,130	984	4.1%
Cyprus	329	462	717	941	41.9%
North Macedonia	147	284	438	419	41.8%
Serbia	133	203	131	397	44.0%
Greece	943	1,029	1,111	395	-25.2%
Turkey	10.3	145	191	330	217.6%
Georgia	502	498	575	292	-16.5%
Others	284	398	539	147	-19.7%
Total	3,222	4,030	6,583	5,807	21.7%

Top Export Markets for Dog and Cat Food from Bulgaria in 2022:

Romania (1165.7 tons)
Greece (592.9 tons)
Netherlands (573.2 tons)
Cyprus (454.8 tons)
Serbia (440.5 tons)
North Macedonia (370.9 tons)
Georgia (367.8 tons)
Turkey (246.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for dog and cat food 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 10921030 - Dog or cat food, p.r.s.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023