Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria (CIF) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria (FOB) - 2023
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria (CIF) - 2023
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $5,951 per ton in August 2023, with an increase of 3.1% against the previous month. Over the period under review, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.6% 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, import price for meat of sheep or goats; fresh, chilled or frozen increased by +14.1% against June 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 69% m-o-m. Over the period under review, average import prices hit record highs at $7,211 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($10,122 per ton), while the price for Germany ($1,851 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Greece (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria (FOB) - 2023
The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $16,630 per ton in October 2023, increasing by 81% against the previous month. In general, the export price showed buoyant growth. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 109% m-o-m. The export price peaked in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($20,620 per ton), while the average price for exports to the UK stood at $9,286 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria
In 2022, imports of meat of sheep or goats; fresh, chilled or frozen into Bulgaria surged to 1.5K tons, picking up by 39% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen surged to $8.6M in 2022. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 557 | 65.3 | N/A | 2,644 | 68.1% |
| Poland | 973 | 2,047 | 1,914 | 1,466 | 14.6% |
| Greece | 427 | 74.5 | 359 | 1,392 | 48.3% |
| Spain | 676 | 381 | 551 | 1,269 | 23.4% |
| Belgium | 268 | 10.0 | 191 | 496 | 22.8% |
| Croatia | N/A | N/A | 453 | 434 | -4.2% |
| Netherlands | 178 | 85.5 | 121 | 381 | 28.9% |
| Italy | 1,112 | 1,706 | 354 | 149 | -48.8% |
| Romania | 160 | 37.4 | 101 | 36.2 | -39.1% |
| New Zealand | 585 | 920 | N/A | N/A | 57.3% |
| Others | 276 | 299 | 356 | 327 | 5.8% |
| Total | 5,212 | 5,626 | 4,401 | 8,594 | 18.1% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Bulgaria in 2022:
- North Macedonia (351.7 tons)
- Spain (309.0 tons)
- Greece (308.3 tons)
- Poland (304.2 tons)
- Belgium (53.6 tons)
- Netherlands (52.2 tons)
- Croatia (47.7 tons)
- Italy (42.6 tons)
- Romania (13.9 tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria
In 2022, exports of meat of sheep or goats; fresh, chilled or frozen from Bulgaria shrank to 400 tons, with a decrease of -10.8% compared with 2021 figures. In general, exports continue to indicate a dramatic curtailment. The smallest decline of -10% was in 2021.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen reduced to $3M in 2022. Over the period under review, exports recorded a precipitous slump. The smallest decline of -0.5% was in 2021.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 3,802 | 1,401 | 1,302 | 1,602 | -25.0% |
| Italy | 1,822 | 1,772 | 1,672 | 861 | -22.1% |
| Germany | 22.9 | 57.7 | 55.5 | 195 | 104.2% |
| Romania | 28.0 | 37.8 | 201 | 175 | 84.2% |
| Greece | 1,146 | N/A | 58.9 | 4.6 | -84.1% |
| Qatar | 544 | 56.9 | N/A | N/A | -89.5% |
| Others | 39.4 | 117 | 136 | 210 | 74.7% |
| Total | 7,404 | 3,442 | 3,426 | 3,048 | -25.6% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Bulgaria in 2022:
- Croatia (228.0 tons)
- Italy (100.2 tons)
- Germany (29.0 tons)
- Romania (21.3 tons)
- Greece (0.7 tons)
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