Bulgaria: Prepared Birds Skin Market 2024

Prepared Birds Skin Market Size in Bulgaria

The Bulgarian prepared birds skin market soared to $X in 2022, jumping by 108% against the previous year. In general, consumption, however, recorded a noticeable reduction. Prepared birds skin consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Prepared Birds Skin Production in Bulgaria

In value terms, prepared birds skin production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when the production volume increased by 116%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Prepared Birds Skin Exports

Exports from Bulgaria

In 2022, the amount of prepared skins of birds exported from Bulgaria shrank to X tons, stabilizing at the previous year's figure. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 110%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, prepared birds skin exports declined markedly to $X in 2022. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 80%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Spain (X tons) and Germany (X tons) were the main destinations of prepared birds skin exports from Bulgaria, with a combined 86% 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 France (with a CAGR of +33.0%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for prepared skins of birds exports from Bulgaria, comprising 43% of total exports. The second position in the ranking was taken by France ($X), with a 21% share of total exports. It was followed by Spain, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+35.9% per year) and Spain (+28.6% per year).

Export Prices by Country

The average prepared birds skin export price stood at $X per ton in 2022, which is down by -18.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($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 Germany (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Birds Skin Imports

Imports into Bulgaria

For the third year in a row, Bulgaria recorded growth in supplies from abroad of prepared skins of birds, which increased by 218% to X tons in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 942% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, prepared birds skin imports surged to $X in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,164% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest prepared birds skin supplier to Bulgaria, accounting for a 78% share of total imports. Moreover, prepared birds skin imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +134.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+60.6% per year) and Italy (+5.9% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared skins of birds to Bulgaria, comprising 64% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +118.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+26.2% per year) and Poland (+66.9% per year).

Import Prices by Country

In 2022, the average prepared birds skin import price amounted to $X per ton, surging by 20% against the previous year. In general, the import price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2014 an increase of 125% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :