Bovine Animals; Live Price in Bulgaria - 2023
Contents:
- Bovine Animals; Live Price in Bulgaria (FOB) - 2023
- Bovine Animals; Live Price in Bulgaria (CIF) - 2022
- Bovine Animals; Live Exports in Bulgaria
- Bovine Animals; Live Imports in Bulgaria
Bovine Animals; Live Price in Bulgaria (FOB) - 2023
In August 2023, the average bovine animals; live export price amounted to $1,502 per unit, falling by -9.9% against the previous month. Over the period under review, export price indicated strong growth from August 2022 to August 2023: its price increased at an average monthly rate of +8.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bovine animals; live export price decreased by -9.9% against July 2023 indices. The growth pace was the most rapid in September 2022 an increase of 78% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,666 per unit in July 2023, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($1,598 per unit), while the average price for exports to Albania ($643 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Bulgaria (CIF) - 2022
The average bovine animals; live import price stood at $1,175 per unit in 2022, reducing by -8.7% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 76% against the previous year. The import price peaked at $2,398 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($2,111 per unit), while the price for Greece ($243 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Exports in Bulgaria
In 2022, the amount of bovine animals; lives exported from Bulgaria rose rapidly to 48K units, picking up by 13% on the year before. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, bovine animals; live exports surged to $46M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bovine Animals; Live in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 22.4 | 24.6 | 23.0 | 38.8 | 20.1% |
| Albania | 4.2 | 3.4 | 5.4 | 3.9 | -2.4% |
| Serbia | 1.6 | 1.6 | 1.8 | 2.0 | 7.7% |
| Others | 0.2 | 0.1 | 1.0 | 1.0 | 71.0% |
| Total | 28.5 | 29.6 | 31.2 | 45.7 | 17.0% |
Top Export Markets for Bovine Animals; Live from Bulgaria in 2022:
- Turkey (29.2K units)
- Albania (15.0K units)
- Serbia (3.3K units)
Bovine Animals; Live Imports in Bulgaria
After two years of decline, supplies from abroad of bovine animals; lives increased by 29% to 4.7K units in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports reached the peak figure at 6.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bovine animals; live imports soared to $5.5M in 2022. Overall, imports, however, showed a abrupt setback. Imports peaked at $6.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Bovine Animals; Live in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2,911 | 480 | 178 | 1,090 | -27.9% |
| France | N/A | N/A | 403 | 675 | 67.5% |
| Germany | 403 | 1,006 | 461 | 669 | 18.4% |
| Romania | 559 | 204 | 230 | 626 | 3.8% |
| Netherlands | 62.4 | 73.1 | 525 | 552 | 106.8% |
| Czech Republic | 833 | 696 | 389 | 477 | -17.0% |
| Denmark | 578 | 550 | 980 | 418 | -10.2% |
| Hungary | 165 | 836 | 1,159 | 312 | 23.7% |
| Greece | N/A | N/A | 17.4 | 68.3 | 292.5% |
| Slovakia | 905 | 191 | 51.4 | 68.2 | -57.8% |
| Others | 385 | 71.0 | 288 | 571 | 14.0% |
| Total | 6,801 | 4,107 | 4,682 | 5,527 | -6.7% |
Top Suppliers of Bovine Animals; Live to Bulgaria in 2022:
- France (986.0 units)
- Latvia (934.0 units)
- Romania (518.0 units)
- Czech Republic (392.0 units)
- Netherlands (359.0 units)
- Germany (336.0 units)
- Greece (281.0 units)
- Hungary (262.0 units)
- Denmark (198.0 units)
- Slovakia (70.0 units)
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