Sheep; Live Price in Bulgaria - 2023
Contents:
- Sheep; Live Price in Bulgaria (CIF) - 2023
- Sheep; Live Price in Bulgaria (FOB) - 2022
- Sheep; Live Imports in Bulgaria
- Sheep; Live Exports in Bulgaria
Sheep; Live Price in Bulgaria (CIF) - 2023
The average sheep; live import price stood at $129 per unit in July 2023, shrinking by -15.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in March 2023 an increase of 15% against the previous month. Over the period under review, average import prices reached the peak figure at $154 per unit in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Romania.
From July 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to +2.3% per month.
Sheep; Live Price in Bulgaria (FOB) - 2022
In 2022, the average sheep; live export price amounted to $294 per unit, picking up by 9.1% against the previous year. Over the period under review, the export price posted prominent growth. The pace of growth was the most pronounced in 2013 an increase of 52%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +10.9% per year.
Sheep; Live Imports in Bulgaria
In 2022, the amount of sheep; live imported into Bulgaria declined dramatically to 61K units, which is down by -16.9% on the previous year. Overall, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 3.4%. Over the period under review, imports reached the maximum at 136K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, sheep; live imports dropped remarkably to $7.6M in 2022. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked at $9.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Sheep; Live in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 9.1 | 5.4 | 7.1 | 7.2 | -7.5% |
| Others | 0.9 | 1.5 | 2.4 | 0.4 | -23.7% |
| Total | 9.9 | 7.0 | 9.4 | 7.6 | -8.4% |
Top Suppliers of Sheep; Live to Bulgaria in 2022:
- Romania (59.3K units)
Sheep; Live Exports in Bulgaria
In 2022, overseas shipments of sheep; live decreased by -77% to 6.3K units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, the exports reached the peak of 34K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sheep; live exports declined markedly to $1.9M in 2022. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Over the period under review, the exports attained the peak figure at $7.4M in 2021, and then shrank notably in the following year.
| Export of Sheep; Live in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.0 | 6.8 | 7.4 | 1.9 | -22.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.0 | 6.8 | 7.4 | 1.9 | -22.0% |
Top Export Markets for Sheep; Live from Bulgaria in 2022:
- Turkey (6.3K units)
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