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Bulgaria - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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Pig Fat Market Size in Bulgaria
The revenue of the pig fat market in Bulgaria amounted to $X in 2018, declining by -X% against the previous year. Over the period under review, pig fat consumption, however, continues to indicate a temperate slump. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. In that year, the pig fat market reached its peak level of $X. From 2009 to 2018, the growth of the pig fat market remained at a somewhat lower figure.
Pig Fat Production in Bulgaria
In value terms, pig fat production amounted to $X in 2018 estimated in export prices. In general, the total output indicated pronounced growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Pig fat production peaked in 2018 and is likely to see steady growth in the near future.
Pig Fat Exports
Exports from Bulgaria
Pig fat exports from Bulgaria stood at X tons in 2018, coming down by -X% against the previous year. Overall, pig fat exports continue to indicate a deep decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, pig fat exports reached their peak figure at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.
In value terms, pig fat exports amounted to $X in 2018. Overall, pig fat exports continue to indicate an abrupt downturn. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, pig fat exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.
Exports by Country
Armenia (X tons) was the main destination for pig fat exports from Bulgaria, accounting for a X% share of total exports. Moreover, pig fat exports to Armenia exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. Greece (X tons) ranked third in terms of total exports with a X% share.
From 2007 to 2018, the average annual rate of growth in terms of volume to Armenia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Greece (+X% per year).
In value terms, Armenia ($X), Kazakhstan ($X) and Turkmenistan ($X) were the largest markets for pig fat exported from Bulgaria worldwide, with a combined X% share of total exports. These countries were followed by Greece, the Czech Republic, France and Hungary, which together accounted for a further X terms of the main countries of destination, Greece experienced the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the average pig fat export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the pig fat export price continues to indicate a moderate contraction. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. The export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan, while the prices for the other major destinations experienced mixed trend patterns.
Pig Fat Imports
Imports into Bulgaria
Pig fat imports into Bulgaria amounted to X tons in 2018, reducing by -X% against the previous year. Over the period under review, pig fat imports continue to indicate a measured setback. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, pig fat imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.
In value terms, pig fat imports stood at $X in 2018. Overall, pig fat imports continue to indicate a temperate deduction. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. In that year, pig fat imports reached their peak of $X. From 2009 to 2018, the growth of pig fat imports remained at a somewhat lower figure.
Imports by Country
In 2018, Germany (X tons) constituted the largest pig fat supplier to Bulgaria, accounting for a X% share of total imports. Moreover, pig fat imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was occupied by Spain (X tons), with a X% share.
From 2007 to 2018, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Spain (+X% per year).
In value terms, the largest pig fat suppliers to Bulgaria were Germany ($X), France ($X) and Spain ($X), together comprising X% of total imports. These countries were followed by Poland, Belgium, Denmark, the Netherlands, Cyprus, Italy, Romania, Austria and Hungary, which together accounted for a further X the main suppliers, Romania recorded the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the average pig fat import price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the pig fat import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Cyprus, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the pig fat market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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