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Bulgaria - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Goat Meat Market Overview 2021

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Goat Meat Market Size in Bulgaria

The Bulgarian goat meat market declined sharply to $X in 2019, shrinking by -X% against the previous year. In general, consumption saw a abrupt contraction. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Goat Meat Production in Bulgaria

In value terms, goat meat production shrank rapidly to $X in 2019 estimated in export prices. Over the period under review, production recorded a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Goat meat production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

In 2019, the average yield of goat meat in Bulgaria shrank to X kg per X heads, almost unchanged from the previous year. Overall, the yield recorded a mild contraction. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. Over the period under review, the average goat meat yield attained the maximum level at X kg per head in 2011; however, from 2012 to 2019, the yield failed to regain the momentum.

The number of animals slaughtered for goat meat production in Bulgaria declined to X heads in 2019, with a decrease of -X% on the previous year. In general, the number of producing animals showed a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The number of animals slaughtered for goat meat production peaked at X heads in 2007; however, from 2008 to 2019, producing animals failed to regain the momentum.

Goat Meat Exports

Exports from Bulgaria

In 2019, after four years of growth, there was significant decline in overseas shipments of goat meat, when their volume decreased by -X% to X tonnes. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, goat meat exports dropped remarkably to $X in 2019. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tonnes) was the main destination for goat meat exports from Bulgaria, accounting for a X% share of total exports. Moreover, goat meat exports to Qatar exceeded the volume sent to the second major destination, Croatia (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume to Qatar totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+X% per year) and the UK (-X% per year).

In value terms, Qatar ($X) remains the key foreign market for goat meat exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Croatia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Qatar stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+X% per year) and the UK (-X% per year).

Export Prices by Country

The average goat meat export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. In general, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2009; however, from 2010 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Qatar ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Goat Meat Imports

Imports into Bulgaria

In 2019, the amount of goat meat imported into Bulgaria dropped notably to X tonnes, declining by -X% on the previous year. Over the period under review, imports, however, showed a modest increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018, and then reduced rapidly in the following year.

In value terms, goat meat imports reduced rapidly to $X in 2019. In general, imports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2018, and then shrank significantly in the following year.

Imports by Country

In 2019, Greece (X tonnes) constituted the largest goat meat supplier to Bulgaria, accounting for a X% share of total imports. Moreover, goat meat imports from Greece exceeded the figures recorded by the second-largest supplier, Romania (X tonnes), threefold. Spain (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Greece was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Spain (-X% per year).

In value terms, Greece ($X) constituted the largest supplier of goat meat to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Romania ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Greece stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average goat meat import price stood at $X per tonne in 2019, declining by -X% against the previous year. Overall, the import price showed a deep slump. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Czech Republic ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?
+
The country with the largest volume of goat meat consumption was China (2.4M tonnes), accounting for 39% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (498K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (352K tonnes), with a 5.8% share.
What are the largest producers of goat meat in the world?
+
The country with the largest volume of goat meat production was China (2.4M tonnes), comprising approx. 39% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (502K tonnes), fivefold. Pakistan (353K tonnes) ranked third in terms of total production with a 5.8% share.
What are the leading suppliers of goat meat to Bulgaria?
+
In value terms, Greece ($17K) constituted the largest supplier of goat meat to Bulgaria, comprising 62% of total imports. The second position in the ranking was occupied by Romania ($4.9K), with a 18% share of total imports. It was followed by the Czech Republic, with a 13% share.
What are the leading importers of goat meat from Bulgaria?
+
In value terms, Qatar ($104K) remains the key foreign market for goat meat exports from Bulgaria, comprising 79% of total exports. The second position in the ranking was occupied by Croatia ($25K), with a 19% share of total exports.
What is the average export price for goat meat in Bulgaria?
+
The average goat meat export price stood at $4,289 per tonne in 2019, declining by -21.5% against the previous year.
What is the average import price for goat meat in Bulgaria?
+
The average goat meat import price stood at $2,642 per tonne in 2019, declining by -15% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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