Bulgaria: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in Bulgaria

In 2021, the Bulgarian goat hides and skins market increased by 26% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, recorded a abrupt decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Bulgaria

In value terms, goat hides and skins production soared to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The average yield of goat or kid hides and skins in Bulgaria contracted to X kg per head in 2021, which is down by -13.3% on the previous year's figure. Over the period under review, the yield showed a perceptible curtailment. The pace of growth was the most pronounced in 2016 with an increase of 8.8% against the previous year. The goat hides and skins yield peaked at X kg per head in 2012; however, from 2013 to 2021, the yield remained at a lower figure.

In 2021, the number of animals slaughtered for goat hides and skins production in Bulgaria surged to X heads, increasing by 23% on the previous year. In general, the number of producing animals, however, recorded a deep contraction. Over the period under review, this number attained the maximum level at X heads in 2012; however, from 2013 to 2021, producing animals stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Bulgaria

In 2021, the amount of goat or kid hides and skins exported from Bulgaria dropped remarkably to X tons, falling by -19.2% against the previous year. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by 204% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, goat hides and skins exports plummeted to $X in 2021. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 240%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for goat hides and skins exports from Bulgaria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to -4.4%.

In value terms, Turkey ($X) also remains the key foreign market for goat or kid hides and skins exports from Bulgaria.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey amounted to -10.2%.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, increasing by 1.6% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -6.0% per year.

Imports of Goat Or Kid Hides And Skins

Imports into Bulgaria

In 2021, supplies from abroad of goat or kid hides and skins decreased by 0% to X kg, falling for the third year in a row after two years of growth. In general, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2013 with an increase of 192% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, goat hides and skins imports totaled $X in 2021. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 138% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Greece (X kg) constituted the largest goat hides and skins supplier to Bulgaria, accounting for a 89% share of total imports. Moreover, goat hides and skins imports from Greece exceeded the figures recorded by the second-largest supplier, Hungary (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Greece amounted to -51.0%.

In value terms, Hungary ($X) constituted the largest supplier of goat or kid hides and skins to Bulgaria, comprising 82% of total imports. The second position in the ranking was held by Greece ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Hungary was relatively modest.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price showed a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 75% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Greece totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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