Industry revenue of »production of meat and poultry meat products« in Bulgaria 2011-2023
Even though the production of meat products is declining in many European countries including Sweden, Norway, and Luxembourg to name a few, owing to a shift in demand to sustainable alternatives, the demand remains high in Bulgaria. Revenues are projected to grow steadily from 537 million U.S. dollars in 2016 to 625 million U.S. dollars by 2023. According to data from the Bulgarian National Statistical Institute, Pork, at 52 percent, accounted for the largest share of consumption in 2018, followed by poultry at 42 percent and beef at 6 percent. As of 2018, there are 462 enterprises in the processing and preserving of meat and meat products in the country. Interestingly, Bulgaria is amongst the leading producers of goose, donkey and rabbit meat in the EU.
Pork prices surge amid African swine fever outbreak
Pork prices soared by nearly 50 percent in Bulgaria in 2019, owing to the African swine fever outbreak, which resulted in the closure of three large pig farms and destroyed nearly 20 percent of the livestock, as per data from the Association of Meat Processors in Bulgaria. At the start of 2019, prices for different types of pig meat ranged between 6.50 to 7.20 leva a kilogram, gradually increasing to 10 leva by December.
Pork prices surge amid African swine fever outbreak
Pork prices soared by nearly 50 percent in Bulgaria in 2019, owing to the African swine fever outbreak, which resulted in the closure of three large pig farms and destroyed nearly 20 percent of the livestock, as per data from the Association of Meat Processors in Bulgaria. At the start of 2019, prices for different types of pig meat ranged between 6.50 to 7.20 leva a kilogram, gradually increasing to 10 leva by December.
