Bulgarian poultry meat intake anticipated to upward thrust in 2024 – GAIN


Poultry meat has noticed constant enlargement since 2013


calendar icon 18 July 2024

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Poultry meat stays the preferred and reasonably priced meat and supply of protein in Bulgaria with constant enlargement in intake since 2013, in keeping with a contemporary US Division of Agriculture (USDA) World Agricultural Data Community (GAIN) record. That is regardless of some fluctuations in 2020-2022 brought about via HPAI and the COVID pandemic.

FAS/Sofia forecasts upper poultry meat intake in 2024 because of making improvements to shopper call for, each on the retail stage and within the meals carrier trade. Meals inflation has been beneath regulate and constantly declining for the reason that heart of 2023, whilst shopper earning have greater contributing to higher buying energy. 

The MinAg per 30 days knowledge point out solid costs for frozen and chilled complete broilers at each the wholesale and retail ranges as of mid-June, with not up to a p.c distinction in comparison to a 12 months in the past, encouraging solid and rising intake. Those costs, alternatively, stay considerably under the typical EU costs.

Additionally, hen meat imports grew via 3.1% whilst exports (quantity) dropped via 26% within the first quarter of 2024, indicating more potent home call for. According to this knowledge, broiler meat intake is anticipated to develop in 2024 with a doubtlessly more potent price than in 2023. 

These days, the MinAg does no longer observe intake and/or costs of duck meat and there is not any reputable knowledge about it. Bulgarian imports of duck meat are very small, whilst exports declined within the first quarter of 2024, indicating somewhat rising native gross sales.

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