Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria (FOB) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria (CIF) - 2022
  3. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria
  4. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria (FOB) - 2022

In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $18,730 per ton, surging by 38% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 241%. As a result, the export price attained the peak level of $22,682 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($44,892 per ton), while the average price for exports to the UK ($3,145 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 South Korea (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria (CIF) - 2022

In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $17,939 per ton, surging by 2.2% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 339% against the previous year. Over the period under review, average import prices hit record highs at $34,922 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($39,350 per ton), while the price for Greece ($3,366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria

In 2022, exports of edible products of animal origin; not elsewhere specified or includeds from Bulgaria contracted markedly to 23 tons, declining by -74.6% against the year before. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -37.7% was in 2021.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds dropped remarkably to $440K in 2022. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1.3487639200435.8%
Nepal26.340.113211864.9%
United Kingdom73.010411929.9-25.7%
Greece3.015.816.923.498.3%
Belgium24289.417.919.4-56.9%
Germany43113314318.1-65.2%
SpainN/A13.94.64.9-40.6%
Denmark133N/AN/AN/A0%
Slovakia7.1N/AN/AN/A0%
Others5.919718325.663.1%
Total9221,0791,256440-21.9%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Bulgaria in 2022:

  1. United Kingdom (9.5 tons)
  2. South Korea (6.1 tons)
  3. Nepal (2.6 tons)
  4. Germany (2.2 tons)
  5. Belgium (1.0 tons)
  6. Greece (0.7 tons)
  7. Spain (0.7 tons)

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria

Imports of edible products of animal origin; not elsewhere specified or includeds into Bulgaria rose slightly to 14 tons in 2022, increasing by 4.1% on the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds expanded remarkably to $255K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 116%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.339.563.792.024.0%
TurkeyN/AN/AN/A72.20%
United Kingdom0.6N/AN/A35.2288.6%
LithuaniaN/A7.436.723.678.6%
Germany2.311.385.712.877.2%
RomaniaN/AN/A6.59.444.6%
Greece13.817.56.19.4-12.0%
PolandN/A26.2N/AN/A0%
Others1.58.840.5N/A419.6%
Total66.611123925556.4%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Bulgaria in 2022:

  1. Turkey (6.0 tons)
  2. Greece (2.8 tons)
  3. China (2.4 tons)
  4. United Kingdom (1.0 tons)
  5. Romania (0.9 tons)
  6. Lithuania (0.6 tons)
  7. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Bulgaria