Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (CIF) - 2022
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (FOB) - 2023
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (CIF) - 2022
In 2022, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $4,144 per ton, with an increase of 45% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 fresh or chilled carcasses and half-carcasses of bovine meat increased by +75.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($6,964 per ton), while the price for the Czech Republic ($3,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (FOB) - 2023
The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $6,923 per ton in October 2023, standing approximately at the previous month. Overall, the export price saw a strong increase. The pace of growth was the most pronounced in April 2023 an increase of 5.9% m-o-m. The export price peaked at $7,454 per ton in June 2023; however, from July 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From December 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to -0.2% per month.
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria
After two years of decline, purchases abroad of fresh or chilled carcasses and half-carcasses of bovine meat increased by 15% to 495 tons in 2022. Over the period under review, imports, however, continue to indicate a deep slump.
In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat surged to $2.1M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,034 | 1,112 | 927 | 1,175 | 4.4% |
| Croatia | N/A | N/A | N/A | 325 | 0% |
| Romania | 621 | 8.9 | 257 | 280 | -23.3% |
| Czech Republic | N/A | N/A | N/A | 141 | 0% |
| Sweden | N/A | N/A | N/A | 29.8 | 0% |
| Others | 38.8 | 6.5 | 44.5 | 101 | 37.6% |
| Total | 1,694 | 1,128 | 1,229 | 2,052 | 6.6% |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Bulgaria in 2022:
- Italy (316.6 tons)
- Romania (77.3 tons)
- Croatia (46.7 tons)
- Czech Republic (39.7 tons)
- Sweden (8.0 tons)
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria
In 2022, the amount of fresh or chilled carcasses and half-carcasses of bovine meat exported from Bulgaria surged to 42 tons, jumping by 218% against 2021 figures. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat soared to $190K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 0.3 | N/A | 52.7 | 165 | 719.3% |
| Greece | 2.0 | N/A | N/A | 24.6 | 130.8% |
| Romania | N/A | N/A | 5.3 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.5 | 0% |
| Total | 2.3 | N/A | 58.0 | 190 | 335.5% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Bulgaria in 2022:
- Croatia (36.1 tons)
- Greece (5.8 tons)
470
This report provides an in-depth analysis of the fresh beef carcase market in Bulgaria.
730
This report provides an in-depth analysis of the beef market in Bulgaria.
685
This report provides an in-depth analysis of the meat and poultry market in Bulgaria.
798
This report provides an in-depth analysis of the meat market in Bulgaria.
877
This report provides an in-depth analysis of the global fresh beef carcase market.
4438
This report provides an in-depth analysis of the global beef market.
2220
This report provides an in-depth analysis of the global meat and poultry market.
2853
This report provides an in-depth analysis of the global meat market.
1014
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
600
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
245
Discover the top-10 countries leading the world in importing fresh beef carcase in 2022. Explore key statistics and market insights.
659
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
856
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1871
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1373
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
4109
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1823
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2034
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1181
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1292
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
