Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Bulgaria - 2023
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (CIF) - 2022
- Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Bulgaria
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (CIF) - 2022
The average import price for frozen carcasses and half-carcasses of bovine meat stood at $3,553 per ton in 2022, picking up by 17% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 45%. As a result, import price attained the peak level of $4,981 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +0.8% per year.
Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Bulgaria
In 2022, supplies from abroad of frozen carcasses and half-carcasses of bovine meat decreased by -88.4% to 6.1 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 258%. As a result, imports reached the peak of 53 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of frozen carcasses and half-carcasses of bovine meat reduced dramatically to $22K in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 401%.
Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 25.2 | N/A | 51.3 | 21.7 | -4.9% |
Hungary | N/A | N/A | 61.8 | N/A | 0% |
Croatia | N/A | 30.1 | N/A | N/A | 0% |
Poland | N/A | 82.8 | N/A | N/A | 0% |
Italy | N/A | 27.9 | 47.2 | N/A | 69.2% |
Germany | 3.4 | 2.5 | N/A | N/A | -26.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 28.6 | 143 | 160 | 21.7 | -8.8% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Bulgaria in 2022:
- Romania (6.1 tons)
This report provides an in-depth analysis of the beef market in Bulgaria.
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