Report Update Nov 1, 2024

Bulgaria - Industrial Machinery for the Preparation of Meat or Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Bulgaria

The Bulgarian meat-preparation industrial machinery market soared to $X in 2022, with an increase of 168% against the previous year. Over the period under review, consumption continues to indicate a significant increase. Meat-preparation industrial machinery consumption peaked in 2022 and is expected to retain growth in the near future.

Meat-Preparation Industrial Machinery Production in Bulgaria

In value terms, meat-preparation industrial machinery production soared to $X in 2022 estimated in export price. Overall, production recorded a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Meat-Preparation Industrial Machinery Exports

Exports from Bulgaria

In 2022, overseas shipments of industrial machinery for the preparation of meat or poultry increased by 70% to X units, rising for the second year in a row after two years of decline. Overall, exports posted a resilient expansion. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat-preparation industrial machinery exports soared to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2018 with an increase of 64% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X units), the Netherlands (X units) and Cyprus (X units) were the main destinations of meat-preparation industrial machinery exports from Bulgaria, with a combined 56% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of +66.9%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for meat-preparation industrial machinery exported from Bulgaria worldwide, with a combined 58% share of total exports.

The Netherlands, with a CAGR of +67.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, reducing by -26.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 6%. The export price peaked at $X per unit in 2021, and then declined notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Bulgaria

In value terms, meat-preparation industrial machinery imports soared to $X in 2022. Overall, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the preparation of meat or poultry to Bulgaria, comprising 46% of total imports. The second position in the ranking was held by Austria ($X), with a 13% share of total imports. It was followed by Spain, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+39.5% per year) and Spain (+4.4% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial machinery for the preparation of meat or poultry in the world?

The countries with the highest volumes of in 2021 were China, the United States and Italy, with a combined 39% share of global consumption. Japan, Russia, Brazil, Germany, the Netherlands, the UK, South Korea, Canada and France lagged somewhat behind, together comprising a further 30%.

What are the largest producers of industrial machinery for the preparation of meat or poultry in the world?

The countries with the highest volumes of in 2021 were China, Germany and the Netherlands, with a combined 43% share of global production. These countries were followed by the United States, South Africa, Italy, Japan, Russia, Brazil, Poland and Spain, which together accounted for a further 41%.

What are the leading suppliers of industrial machinery for the preparation of meat or poultry to Bulgaria?

In value terms, Germany constituted the largest supplier of meat-preparation industrial machinery to Bulgaria, comprising 40% of total imports. The second position in the ranking was occupied by the Netherlands, with a 19% share of total imports. It was followed by Poland, with an 11% share.

What are the leading importers of industrial machinery for the preparation of meat or poultry from Bulgaria?

In value terms, Romania remains the key foreign market for meat-preparation industrial machinery exports from Bulgaria, comprising 32% of total exports. The second position in the ranking was occupied by Armenia, with a 7% share of total exports. It was followed by the Czech Republic, with a 6.2% share.

What is the average export price for industrial machinery for the preparation of meat or poultry in Bulgaria?

In 2021, the average meat-preparation industrial machinery export price amounted to $42 per unit, rising by 6.9% against the previous year.

What is the average import price for industrial machinery for the preparation of meat or poultry in Bulgaria?

The average meat-preparation industrial machinery import price stood at $29 per unit in 2021, declining by -11% against the previous year.

This report provides an in-depth analysis of the meat-preparation industrial machinery market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28931750 - Industrial machinery for the preparation of meat or poultry

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023