Bulgaria - Fresh Or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh Pork Other than Cuts or Carcases in Bulgaria - 2023
Contents:
- Price for Fresh Pork Other than Cuts or Carcases in Bulgaria (CIF) - 2023
- Price for Fresh Pork Other than Cuts or Carcases in Bulgaria (FOB) - 2023
- Imports of Fresh Pork Other than Cuts or Carcases in Bulgaria
- Exports of Fresh Pork Other than Cuts or Carcases in Bulgaria
Price for Fresh Pork Other than Cuts or Carcases in Bulgaria (CIF) - 2023
In August 2023, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $3,919 per ton, with a decrease of -2.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in December 2022 when the average import price increased by 12% m-o-m. The import price peaked at $4,220 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Greece ($4,925 per ton), while the price for Germany ($2,662 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh Pork Other than Cuts or Carcases in Bulgaria (FOB) - 2023
In September 2023, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $4,461 per ton, picking up by 7.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.4%. The pace of growth was the most pronounced in October 2022 an increase of 23% against the previous month. Over the period under review, the average export prices hit record highs at $4,923 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($6,289 per ton), while the average price for exports to Romania ($3,110 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh Pork Other than Cuts or Carcases in Bulgaria
In 2022, imports of fresh or chilled pig meat other than cuts or carcases into Bulgaria totaled 35K tons, approximately mirroring the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases rose markedly to $97M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor 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 Other than Cuts or Carcases in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 50.1 | 42.5 | 50.9 | 60.9 | 6.7% |
| France | 10.7 | 10.4 | 7.5 | 10.7 | 0.0% |
| Germany | 6.8 | 9.5 | 8.7 | 7.8 | 4.7% |
| Hungary | 6.1 | 6.4 | 9.3 | 6.0 | -0.5% |
| Netherlands | 4.4 | 6.8 | 6.1 | 4.0 | -3.1% |
| Denmark | 0.5 | 1.0 | 0.8 | 3.0 | 81.7% |
| Belgium | 1.0 | 3.0 | 1.1 | 1.3 | 9.1% |
| Poland | 2.1 | 2.5 | 0.8 | 0.4 | -42.5% |
| Others | 3.0 | 1.9 | 1.8 | 3.4 | 4.3% |
| Total | 84.7 | 84.1 | 87.0 | 97.5 | 4.8% |
Top Suppliers of Fresh Pork Other than Cuts or Carcases to Bulgaria in 2022:
- Spain (20.7K tons)
- France (4.3K tons)
- Germany (2.9K tons)
- Hungary (2.2K tons)
- Netherlands (1.6K tons)
- Denmark (1.6K tons)
- Belgium (0.6K tons)
- Poland (0.2K tons)
Exports of Fresh Pork Other than Cuts or Carcases in Bulgaria
Exports of fresh or chilled pig meat other than cuts or carcases from Bulgaria shrank to 885 tons in 2022, with a decrease of -6.4% on the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of 945 tons, and then dropped in the following year.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases rose slightly to $3.2M in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Fresh Pork Other than Cuts or Carcases in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 137 | 471 | 1,038 | 1,210 | 106.7% |
| Germany | 9.3 | 219 | 388 | 579 | 296.3% |
| Netherlands | 275 | 379 | 268 | 429 | 16.0% |
| Greece | 896 | 559 | 981 | 348 | -27.0% |
| Belgium | 43.0 | 154 | 220 | 236 | 76.4% |
| Cyprus | N/A | N/A | N/A | 162 | 0% |
| United Kingdom | 94.4 | 57.9 | 79.3 | 109 | 4.9% |
| Italy | 24.2 | 10.6 | 10.0 | 28.5 | 5.6% |
| Spain | 87.8 | 102 | 23.2 | N/A | -48.6% |
| Others | 4.2 | 27.5 | 39.7 | 58.5 | 140.6% |
| Total | 1,571 | 1,980 | 3,047 | 3,161 | 26.2% |
Top Export Markets for Fresh Pork Other than Cuts or Carcases from Bulgaria in 2022:
- Romania (380.9 tons)
- Germany (129.8 tons)
- Greece (118.4 tons)
- Netherlands (86.6 tons)
- Cyprus (58.7 tons)
- Belgium (51.7 tons)
- Italy (23.4 tons)
- United Kingdom (22.1 tons)
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases 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 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
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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