Earlier Report Observations
The pork market in Bulgaria showed modest growth between 2018 and 2020, with total volume increasing from 259.9 thousand tonnes to 263.2 thousand tonnes. This period was characterized by stable domestic production and consistent import levels.
However, a sharp reversal occurred in 2021, when the market contracted by 19% to 212.7 thousand tonnes. The decline continued over the next two years, bringing the market size to 199.1 thousand tonnes by 2023, a cumulative drop of nearly 25% from the 2020 peak.
This contraction was accompanied by a dramatic reduction in domestic pork production, which fell by more than 40% between 2020 and 2021 and remained at historically low levels. Imports initially increased to partially offset the production shortfall in 2021 but then trended downward, contributing to the overall market shrinkage.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2020
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2020
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bulgaria
- 5.1.1. In kind, 2018-2023, K t
- 5.1.2. In value, 2018-2020, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Bulgaria
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production pork in Bulgaria
In value, 2017-2020, M $ US
Pork production in Bulgaria has increased for the third consecutive year. In 2020, the output of pork was valued at 412.3 million US dollars, showing relative stability compared to 2019. Over the period from 2017 to 2020, production grew by 26.6%, with a compound annual growth rate of 8.2%.
Annual dynamics of production in Bulgaria in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 14.0% | 10.7% | 0.4% | 8.2% |
In kind, 2017-2020, K t
Top producers of pork, 2017-2020
World map of production of pork, 2017-2020
After two years of growth, Bulgaria's pork production declined. In 2020, 140.3 thousand tons of pork were produced in Bulgaria, marking a decrease of 5.2% from 2019. From 2017 to 2020, production increased by 13.4%, with a compound annual growth rate of 4.3%. The peak was recorded in 2019 at 148.0 thousand tons, while the largest annual increase occurred in 2018 at 16.3%.
Annual dynamics of production in Bulgaria in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.3% | 2.8% | (5.2%) | 4.3% |
Exports pork from Bulgaria
Exports in kind, K t
Pork exports from Bulgaria have declined for the second consecutive year. In 2020, Bulgaria exported 3.5 thousand tons of pork, indicating a sharp drop of 37.2% compared to the previous year. Between 2017 and 2020, exports decreased by 12%, equating to an annualized rate of 4.2%. The highest volume was recorded in 2018 at 6.1 thousand tons, with the largest annual increase also in 2018 at 55.7%.
Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 55.7% | (10.0%) | (37.2%) | (4.2%) |
From 2017 to 2020, the main buyers of pork from Bulgaria were Greece, accounting for 64.0% of exports in kind, Italy with 12.1%, and Romania with 11.2%. Together, these three countries comprised 87.3% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Bulgaria in kind, 2017-2020
Exports in value, M $ US
After a two-year rise, pork exports from Bulgaria declined. In 2020, Bulgaria exported 6.6 million US dollars worth of pork, down by 46.6% compared to the previous year. Between 2017 and 2020, exports decreased by 19.2%, equating to an annualized rate of 6.9%. The peak value was recorded in 2019 at 12.4 million US dollars, while the largest annual increase occurred in 2018 at 46.2%.
Annual dynamics of product's exports from Bulgaria in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 46.2% | 3.4% | (46.6%) | (6.9%) |
From 2017 to 2020, Greece played a leading role in Bulgaria's pork exports in value terms, with a share of 75.6% of total flows. The remainder was distributed among other trading partners.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Bulgaria in value, 2017-2020
Imports pork to Bulgaria
Imports in kind, K t
Bulgaria imported 126.4 thousand tons of pork in 2020, up by 5.8% over the past year. Over the period from 2017 to 2020, imports increased by 13.5%, with a compound annual growth rate of 4.3%. The largest annual decline was recorded in 2019 at 2.1%, while the largest increase occurred in 2018 at 9.6%.
Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.6% | (2.1%) | 5.8% | 4.3% |
Throughout 2017 to 2020, the main sources for pork imports to Bulgaria in kind were Spain, with 32.1% of imports, Germany at 17.0%, and France at 13.5%. Together, these three countries accounted for 62.6% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bulgaria in kind, 2017-2020
Imports in value, M $ US
Pork imports to Bulgaria have increased for the third consecutive year. In 2020, imports amounted to 277.6 million US dollars, up by 3.1% compared to the previous year. Between 2017 and 2020, imports grew by 18.1%, equating to an annualized rate of 5.7%.
Annual dynamics of product's imports to Bulgaria in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.8% | 10.4% | 3.1% | 5.7% |
From 2017 to 2020, the leading sources for pork imports to Bulgaria in value terms were Spain, with 37.5% of imports, Germany at 14.6%, and France at 12.6%. Together, these three countries accounted for 64.8% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bulgaria in value, 2017-2020
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