Bulgaria: Fresh Whole Chicken Market 2024

Fresh Whole Chicken Market Size in Bulgaria

In 2021, the Bulgarian fresh whole chicken market decreased by -4.4% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption recorded a mild contraction. Fresh whole chicken consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Fresh Whole Chicken Production in Bulgaria

In value terms, fresh whole chicken production stood at $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Fresh Whole Chicken Exports

Exports from Bulgaria

In 2021, overseas shipments of fresh or chilled whole chickens were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, fresh whole chicken exports surged to $X in 2021. Over the period under review, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons), Romania (X tons) and North Macedonia (X tons) were the main destinations of fresh whole chicken exports from Bulgaria, with a combined 86% share of total exports. Italy and Germany lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +249.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Romania ($X) and North Macedonia ($X) constituted the largest markets for fresh whole chicken exported from Bulgaria worldwide, with a combined 85% share of total exports. Italy and Germany lagged somewhat behind, together comprising a further 14%.

Among the main countries of destination, Germany, with a CAGR of +218.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fresh whole chicken export price amounted to $X per ton, surging by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the highest price was recorded for prices to Greece ($X per ton) and Italy ($X per ton), while the average price for exports to North Macedonia ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.7%), while the prices for the other major destinations experienced a decline.

Fresh Whole Chicken Imports

Imports into Bulgaria

In 2021, purchases abroad of fresh or chilled whole chickens decreased by -17.6% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 25% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fresh whole chicken imports reduced to $X in 2021. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 35% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X tons), Greece (X tons) and Romania (X tons) were the main suppliers of fresh whole chicken imports to Bulgaria, together accounting for 91% of total imports. These countries were followed by Italy and Germany, which together accounted for a further 5.3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +90.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Greece ($X) and Romania ($X) were the largest fresh whole chicken suppliers to Bulgaria, with a combined 92% share of total imports. Italy and Germany lagged somewhat behind, together accounting for a further 4.8%.

In terms of the main suppliers, Italy, with a CAGR of +93.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fresh whole chicken import price amounted to $X per ton, surging by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Poland ($X per ton) and Romania ($X per ton), while the price for Greece ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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