Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria (CIF) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria (CIF) - 2023
In August 2023, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,375 per ton, picking up by 6.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $3,141 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,124 per ton), while the price for Germany ($1,476 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria (FOB) - 2022
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,817 per ton in 2022, increasing by 191% against the previous year. Overall, the export price showed a perceptible expansion. The pace of growth was the most pronounced in 2015 an increase of 868% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($2,072 per ton), while the average price for exports to Poland ($357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+33.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in supplies from abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, which increased by 2.7% to 1.7K tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens rose remarkably to $4.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 956 | 982 | 1,533 | 1,739 | 22.1% |
| Germany | 1,222 | 1,276 | 1,394 | 1,387 | 4.3% |
| Italy | 90.7 | 163 | 153 | 411 | 65.5% |
| Poland | 132 | 190 | 224 | 222 | 18.9% |
| Denmark | 270 | 159 | 291 | 176 | -13.3% |
| France | N/A | N/A | 254 | 46.6 | -81.7% |
| Others | 115 | 168 | 76.3 | 162 | 12.1% |
| Total | 2,786 | 2,938 | 3,925 | 4,143 | 14.1% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Bulgaria in 2022:
- Germany (686.1 tons)
- Netherlands (563.0 tons)
- Italy (171.5 tons)
- Poland (112.9 tons)
- Denmark (82.0 tons)
- France (21.8 tons)
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria
In 2022, the amount of offal, edible; of bovine animals, (other than tongues and livers), frozens exported from Bulgaria reduced remarkably to 49 tons, with a decrease of -31.1% on 2021 figures. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 209%. As a result, the exports reached the peak of 72 tons, and then dropped dramatically in the following year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $139K in 2022. Over the period under review, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by 260%.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 87.6 | N/A | 1.3 | 41.1 | -22.3% |
| Spain | 3.3 | N/A | N/A | 6.3 | 24.1% |
| Poland | N/A | 1.8 | 10.6 | 5.2 | 70.0% |
| Germany | N/A | N/A | 0.7 | 2.1 | 200.0% |
| Romania | 57.2 | 13.2 | 42.0 | 0.4 | -80.9% |
| Belgium | N/A | 1.0 | 8.0 | N/A | 700.0% |
| North Macedonia | 3.3 | 2.7 | 4.9 | N/A | 21.9% |
| Others | N/A | 0.5 | 1.8 | 83.9 | 1195.4% |
| Total | 151 | 19.3 | 69.3 | 139 | -2.7% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Bulgaria in 2022:
- Greece (19.8 tons)
- Poland (14.6 tons)
- Spain (3.3 tons)
- Germany (1.8 tons)
- Romania (0.2 tons)
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