Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria - 2023

Contents:

  1. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria (FOB) - 2022
  2. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria (CIF) - 2022
  3. Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria
  4. Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria (FOB) - 2022

In 2022, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $8,259 per ton, growing by 59% against the previous year. In general, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 119% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Croatia.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +8.3% per year.

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $796 per ton, with a decrease of -2.2% against the previous year. Overall, the import price saw a deep contraction. The growth pace was the most rapid in 2016 when the average import price increased by 200%. As a result, import price attained the peak level of $4,695 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +88.0% per year.

Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria

For the third year in a row, Bulgaria recorded decline in overseas shipments of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, which decreased by -91.3% to 394 kg in 2022. Overall, exports faced a dramatic descent. The smallest decline of -10.7% was in 2020.

In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses shrank significantly to $3.3K in 2022. In general, exports saw a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 7.3% against the previous year. As a result, the exports attained the peak of $49K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia45.849.1N/A3.3-58.4%
RomaniaN/AN/A23.4N/A0%
OthersN/AN/AN/AN/A0%
Total45.849.123.43.3-58.4%

Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Bulgaria in 2022:

  1. Croatia (394.0 kg)

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria

After two years of growth, overseas purchases of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses decreased by -92.5% to 1.4 tons in 2022. In general, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 349% against the previous year. As a result, imports attained the peak of 18 tons, and then shrank sharply in the following year.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses dropped rapidly to $1.1K in 2022. Over the period under review, imports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 178%. As a result, imports reached the peak of $15K, and then fell remarkably in the following year.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bulgaria (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Greece5.415.01.1-54.9%
OthersN/AN/AN/A0%
Total5.415.01.1-54.9%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Bulgaria in 2022:

  1. Greece (1.4 tons)

Source: IndexBox Market Intelligence Platform

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