Price for Cattle; Live, Pure-Bred Breeding Animals in Bulgaria - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Bulgaria (CIF) - 2022
- Price for Cattle; Live, Pure-Bred Breeding Animals in Bulgaria (FOB) - 2023
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Bulgaria
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Bulgaria
Price for Cattle; Live, Pure-Bred Breeding Animals in Bulgaria (CIF) - 2022
The average import price for cattle; live, pure-bred breeding animalses stood at $1,732 per unit in 2022, reducing by -7.4% against the previous year. Over the period under review, the import price saw a pronounced downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $2,418 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,651 per unit), while the price for Romania ($1,182 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in Bulgaria (FOB) - 2023
The average export price for cattle; live, pure-bred breeding animalses stood at $2,802 per unit in July 2023, surging by 2.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in October 2022 an increase of 23% m-o-m. The export price peaked in July 2023.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From July 2022 to July 2023, the rate of growth in terms of prices for Turkey amounted to +2.2% per month.
Imports of Cattle; Live, Pure-Bred Breeding Animals in Bulgaria
In 2022, purchases abroad of cattle; live, pure-bred breeding animalses decreased by -17.8% to 1.2K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. As a result, imports reached the peak of 1.5K units, and then fell notably in the following year.
In value terms, cattle; live, pure-bred breeding animals imports declined sharply to $2.1M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year. As a result, imports reached the peak of $2.7M, and then shrank dramatically in the following year.
| Import of Cattle; Live, Pure-Bred Breeding Animals in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 161 | 210 | 199 | 498 | 45.7% |
| Denmark | 500 | 503 | 979 | 418 | -5.8% |
| France | N/A | N/A | N/A | 401 | 0% |
| Netherlands | 62.4 | N/A | 406 | 345 | 76.8% |
| Romania | 26.5 | 39.2 | 93.0 | 103 | 57.2% |
| Czech Republic | 11.4 | 214 | N/A | 65.9 | 79.5% |
| Croatia | N/A | N/A | 79.1 | N/A | 0% |
| Hungary | 30.9 | 170 | 969 | N/A | 460.0% |
| Italy | 96.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | 242 | 4819.3% |
| Total | 889 | 1,136 | 2,725 | 2,073 | 32.6% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Bulgaria in 2022:
- France (323.0 units)
- Denmark (198.0 units)
- Germany (188.0 units)
- Netherlands (169.0 units)
- Romania (87.0 units)
- Czech Republic (33.0 units)
Exports of Cattle; Live, Pure-Bred Breeding Animals in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in overseas shipments of cattle; live, pure-bred breeding animalses, which increased by 19% to 1.8K units in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 240% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, cattle; live, pure-bred breeding animals exports surged to $3.5M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 326%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 2.5 | 2.1 | 2.9 | 93.5% |
| Iraq | N/A | N/A | N/A | 0.6 | 0% |
| Greece | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Egypt | N/A | N/A | 0.5 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 0.6 | 2.6 | 2.7 | 3.5 | 80.0% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Bulgaria in 2022:
- Turkey (1584.0 units)
- Iraq (233.0 units)
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