Bulgaria: Market for Fresh Or Chilled Cuts Of Turkey 2025

Market Size for Fresh Or Chilled Cuts Of Turkey in Bulgaria

In 2022, the Bulgarian market for fresh or chilled cuts of turkey increased by 58% to $X, rising for the seventh year in a row after three years of decline. Overall, consumption enjoyed prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Fresh Or Chilled Cuts Of Turkey in Bulgaria

In value terms, fresh or chilled turkey cut production shrank to $X in 2022 estimated in export price. In general, production faced a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Fresh Or Chilled Cuts Of Turkey

Exports from Bulgaria

For the fourth year in a row, Bulgaria recorded growth in shipments abroad of fresh or chilled cuts of turkey, which increased by 620% to X tons in 2022. Overall, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by 25,285%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled turkey cut exports surged to $X in 2022. In general, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 17,301%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for fresh or chilled turkey cut exports from Bulgaria, accounting for a 98% share of total exports. It was followed by Belgium (X kg), with a 1.6% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Germany stood at -36.4%.

From 2013 to 2022, the average annual rate of growth in terms of value to Germany stood at -36.5%.

Export Prices by Country

In 2022, the average export price for fresh or chilled cuts of turkey amounted to $X per ton, falling by -48.2% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 74%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Fresh Or Chilled Cuts Of Turkey

Imports into Bulgaria

Fresh or chilled turkey cut imports into Bulgaria soared to X tons in 2022, picking up by 54% on the year before. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, fresh or chilled turkey cut imports soared to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The growth pace was the most rapid in 2017 with an increase of 108% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Italy (X tons) constituted the largest fresh or chilled turkey cut supplier to Bulgaria, with a 86% share of total imports. Moreover, fresh or chilled turkey cut imports from Italy exceeded the figures recorded by the second-largest supplier, Hungary (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+3.8% per year) and Poland (-11.5% per year).

In value terms, Italy ($X) constituted the largest supplier of fresh or chilled cuts of turkey to Bulgaria, comprising 77% of total imports. The second position in the ranking was held by Hungary ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+19.7% per year) and Poland (-0.0% per year).

Import Prices by Country

In 2022, the average import price for fresh or chilled cuts of turkey amounted to $X per ton, with an increase of 4.3% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 68% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Hungary ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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