Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria - 2023

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria (CIF) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria (FOB) - 2022
3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria
4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria (CIF) - 2022

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,643 per ton in 2022, waning by -4% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by +54.8% against 2017 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 26% against the previous year. The import price peaked at $1,712 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,637 per ton), while the price for Greece ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria (FOB) - 2022

In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,750 per ton, with a decrease of -20.9% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $4,449 per ton. From 2014 to 2022, the average 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 ($2,919 per ton), while the average price for exports to Italy ($639 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 Austria (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria

In 2022, after two years of decline, there was significant growth in supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, when their volume increased by 9.2% to 1.2K tons. Overall, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen expanded slightly to $1.9M in 2022. The total import value increased at an average annual rate of +4.2% 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 2020 when imports increased by 5.3% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Bulgaria in 2022:

1. Romania (390.9 tons)
2. Greece (259.2 tons)
3. Belgium (155.2 tons)
4. Spain (152.3 tons)
5. Netherlands (63.2 tons)
6. New Zealand (48.0 tons)
7. North Macedonia (41.9 tons)
8. Cyprus (14.1 tons)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Bulgaria

In 2022, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from Bulgaria skyrocketed to 580 tons, with an increase of 182% against the year before. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,416% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $1M in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 4,017%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Bulgaria in 2022:

1. Poland (215.7 tons)
2. Germany (163.4 tons)
3. Netherlands (43.8 tons)
4. Italy (41.6 tons)
5. Belgium (38.6 tons)
6. Austria (23.4 tons)
7. Romania (22.9 tons)
8. Greece (6.6 tons)

Source: IndexBox Market Intelligence Platform