Bulgaria: Market for Meat of Camels and Other Animals 2024

Market Size for Meat of Camels and Other Animals in Bulgaria

In 2022, the Bulgarian market for meat of camels and other animals decreased by -31.1% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption, however, enjoyed a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Meat of Camels and Other Animals in Bulgaria

In value terms, camel and other animal meat production declined slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of 211%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of meat of camels and other animals in Bulgaria was estimated at X kg per head in 2022, therefore, remained relatively stable against the previous year. In general, the yield continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 when the yield increased by 10% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2014 to 2022, the growth of the average camel and other animal meat yield remained at a lower figure.

In 2022, the number of animals slaughtered for camel and other animal meat production in Bulgaria amounted to X heads, standing approx. at the year before. Overall, the number of producing animals, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2019 with an increase of 1.8%. The number of animals slaughtered for camel and other animal meat production peaked at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Exports of Meat of Camels and Other Animals

Exports from Bulgaria

In 2022, shipments abroad of meat of camels and other animals increased by 572% to X tons, rising for the third year in a row after two years of decline. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 2,879% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, camel and other animal meat exports surged to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 2,401% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Greece (X kg) was the main destination for camel and other animal meat exports from Bulgaria, with a 2% share of total exports. Moreover, camel and other animal meat exports to Greece exceeded the volume sent to the second major destination, Italy (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume to Greece amounted to -27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and the Netherlands (-17.9% per year).

In value terms, Greece ($X) emerged as the key foreign market for meat of camels and other animals exports from Bulgaria, comprising 5.2% of total exports. The second position in the ranking was taken by Italy ($X), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Greece stood at -25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and the Netherlands (-8.1% per year).

Export Prices by Country

The average export price for meat of camels and other animals stood at $X per ton in 2022, rising by 3.5% against the previous year. Overall, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2013 when the average export price increased by 130% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 the Netherlands ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Camels and Other Animals

Imports into Bulgaria

After two years of decline, purchases abroad of meat of camels and other animals increased by 51% to X tons in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 1,247% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, camel and other animal meat imports soared to $X in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2013 with an increase of 1,084% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest camel and other animal meat supplier to Bulgaria, with a 59% share of total imports. Moreover, camel and other animal meat imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was held by Belgium (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.0% per year) and Belgium (+9.2% per year).

In value terms, Spain ($X) constituted the largest supplier of meat of camels and other animals to Bulgaria, comprising 50% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+12.3% per year) and the Netherlands (+1.9% per year).

Import Prices by Country

The average import price for meat of camels and other animals stood at $X per ton in 2022, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 an increase of 31% against the previous year. The import price peaked in 2022 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 Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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