Bulgaria: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Bulgaria

The Bulgarian frozen whole chicken market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, saw a noticeable setback. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Frozen Whole Chicken Production in Bulgaria

In value terms, frozen whole chicken production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. Frozen whole chicken production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Frozen Whole Chicken Exports

Exports from Bulgaria

Frozen whole chicken exports from Bulgaria shrank sharply to X tons in 2021, with a decrease of -X% compared with the year before. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, frozen whole chicken exports contracted to $X in 2021. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons), Greece (X tons) and North Macedonia (X tons) were the main destinations of frozen whole chicken exports from Bulgaria, with a combined X% share of total exports. Romania, the Netherlands and Sweden lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for frozen whole chicken exported from Bulgaria were Greece ($X), Cyprus ($X) and North Macedonia ($X), together accounting for X% of total exports. These countries were followed by the Netherlands, Romania and Sweden, which together accounted for a further X the main countries of destination, Sweden, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average frozen whole chicken export price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. 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 stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Greece ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Chicken Imports

Imports into Bulgaria

In 2021, purchases abroad of frozen whole chickens decreased by -X% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, frozen whole chicken imports surged to $X in 2021. Overall, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Greece (X tons) and Romania (X tons) were the main suppliers of frozen whole chicken imports to Bulgaria, together comprising X% of total imports. Italy, Poland, France and Denmark lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Italy (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen whole chicken suppliers to Bulgaria were Greece ($X), the Netherlands ($X) and Romania ($X), together accounting for X% of total imports. These countries were followed by France, Italy, Poland and Denmark, which together accounted for a further X the main suppliers, Italy, with a CAGR of +X%, saw the highest rates of growth with regard to 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

The average frozen whole chicken import price stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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