Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria
  4. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $2,153 per ton, rising by 83% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 150%. As a result, import price attained the peak level of $2,169 per ton; afterwards, it flattened through to 2022.

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 the Netherlands ($4,331 per ton), while the price for Greece ($745 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $828 per ton, surging by 2.4% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2015 an increase of 29%. Over the period under review, the average export prices reached the maximum at $7,276 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -3.8% per year.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria

Imports of offal, edible; of bovine animals, livers, frozens into Bulgaria surged to 46 tons in 2022, picking up by 34% against the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 75%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, livers, frozens surged to $98K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.90.60.737.6170.5%
HungaryN/AN/AN/A26.40%
BelgiumN/AN/AN/A18.80%
Romania4.95.57.49.826.0%
FranceN/A16.23.22.4-61.5%
Greece1.22.10.31.610.1%
Spain9.37.5N/A1.5-45.6%
IrelandN/AN/A8.7N/A0%
ItalyN/AN/A19.7N/A0%
OthersN/AN/AN/AN/A0%
Total17.331.840.098.178.3%

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Bulgaria in 2022:

  1. Hungary (20.5 tons)
  2. Netherlands (8.7 tons)
  3. Romania (6.3 tons)
  4. Belgium (4.4 tons)
  5. France (2.6 tons)
  6. Greece (2.1 tons)
  7. Spain (1.0 tons)

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria

In 2022, exports of offal, edible; of bovine animals, livers, frozens from Bulgaria skyrocketed to 16 tons, with an increase of 197% compared with 2021. Over the period under review, exports recorded a resilient increase.

In value terms, exports of offal, edible; of bovine animals, livers, frozens soared to $14K in 2022. Overall, exports enjoyed a remarkable increase.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia8.222.74.513.618.4%
OthersN/AN/AN/AN/A0%
Total8.222.74.513.618.4%

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Bulgaria in 2022:

  1. North Macedonia (16.4 tons)

Source: IndexBox Market Intelligence Platform

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