Price for Frozen Lamb Carcasses and Half-Carcasses in Bulgaria - 2023

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in Bulgaria (FOB) - 2022
  2. Price for Frozen Lamb Carcasses and Half-Carcasses in Bulgaria (CIF) - 2022
  3. Exports of Frozen Lamb Carcasses and Half-Carcasses in Bulgaria
  4. Imports of Frozen Lamb Carcasses and Half-Carcasses in Bulgaria

Price for Frozen Lamb Carcasses and Half-Carcasses in Bulgaria (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $4,838 per ton, growing by 10% against the previous year. Overall, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 17%. Over the period under review, the average export prices reached the maximum at $8,540 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($10,286 per ton), while the average price for exports to Belgium ($4,064 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 the UK (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Lamb Carcasses and Half-Carcasses in Bulgaria (CIF) - 2022

The average import price for frozen lamb carcasses and half-carcasseses stood at $8,778 per ton in 2022, jumping by 69% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($8,800 per ton), while the price for Spain totaled $8,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Frozen Lamb Carcasses and Half-Carcasses in Bulgaria

In 2022, shipments abroad of frozen lamb carcasses and half-carcasseses decreased by -59.6% to 5.7 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 87%. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen lamb carcasses and half-carcasses exports contracted sharply to $28K in 2022. Over the period under review, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 with an increase of 97%.

Export of Frozen Lamb Carcasses and Half-Carcasses in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.540.715.913.9-14.8%
Netherlands3.78.94.86.822.5%
Belgium1.45.71.42.826.0%
United Kingdom2.64.04.12.0-8.4%
FranceN/AN/A1.01.990.0%
RomaniaN/AN/A34.8N/A0%
OthersN/A0.30.30.30.0%
Total30.259.562.427.7-2.8%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Bulgaria in 2022:

  1. Germany (2988.0 kg)
  2. Netherlands (1366.0 kg)
  3. Belgium (677.0 kg)
  4. France (407.0 kg)
  5. United Kingdom (199.0 kg)

Imports of Frozen Lamb Carcasses and Half-Carcasses in Bulgaria

In 2022, approx. 5.9 tons of frozen lamb carcasses and half-carcasseses were imported into Bulgaria; which is down by -49.2% against the previous year's figure. Over the period under review, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 324% against the previous year.

In value terms, frozen lamb carcasses and half-carcasses imports declined to $52K in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 266% against the previous year.

Import of Frozen Lamb Carcasses and Half-Carcasses in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3.72.9N/A51.6140.7%
Greece1.1N/A37.40.4-28.6%
Netherlands55.112.516.20.1-87.8%
Belgium13.3N/AN/AN/A0%
ItalyN/A1.25.1N/A325.0%
Others2.1N/A2.1N/A0.0%
Total75.316.660.852.1-11.6%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Bulgaria in 2022:

  1. Netherlands (undefined tons)
  2. Spain (5.9 tons)
  3. Greece (0.1 tons)

Source: IndexBox Market Intelligence Platform

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