Swine; Live Price in Bulgaria - 2023

Swine; Live Price in Bulgaria (CIF) - 2023

In June 2023, the average swine; live import price amounted to $309 per unit, falling by -9.5% against the previous month. Overall, the import price, however, recorded a notable increase. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 275% month-to-month. As a result, import price attained the peak level of $1,902 per unit. From April 2023 to June 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($335 per unit), while the price for the Czech Republic ($261 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Swine; Live Price in Bulgaria (FOB) - 2022

In 2022, the average swine; live export price amounted to $174 per unit, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2017 an increase of 12%. Over the period under review, the average export prices attained the peak figure at $203 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +1.0% per year.

Swine; Live Imports in Bulgaria

In 2022, overseas purchases of swine; live decreased by -19.2% to 25K units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 118%. As a result, imports attained the peak of 60K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, swine; live imports surged to $4.4M in 2022. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 199% against the previous year. As a result, imports reached the peak of $9.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Swine; Live in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	191	1,164	794	1,467	97.3%
Denmark	1,049	3,296	633	1,407	10.3%
Czech Republic	4.3	102	307	953	505.2%
Netherlands	1,527	2,442	1,249	483	-31.9%
Croatia	99.8	1,172	45.6	101	0.4%
Slovakia	N/A	370	N/A	N/A	0%
Austria	200	187	N/A	N/A	-6.5%
Others	92.0	729	48.5	N/A	-27.4%
Total	3,163	9,461	3,077	4,411	11.7%

Top Suppliers of Swine; Live to Bulgaria in 2022:

Germany (13.0K units)
Netherlands (6.5K units)
Denmark (3.0K units)
Czech Republic (2.6K units)
Croatia (0.4K units)

Swine; Live Exports in Bulgaria

After two years of decline, overseas shipments of swine; live decreased by 0% to 4.6K units in 2022. In general, exports showed a dramatic setback. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at 9.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, swine; live exports stood at $792K in 2022. Over the period under review, exports saw a deep reduction. The smallest decline of 99.9% was in 2020. The exports peaked at $1.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.