The frozen pork price per unit in Bulgaria exhibited fluctuations from 2010 to 2020. Prices began at €2.97 in 2010 and, after some variability, ended at €2.90 in 2020. Key observations include a notable decrease in 2011, a peak in 2012, and a dip reaching its low in 2015, with partial recovery by 2020. The price changes from 2019 to 2020 show a 17.89% increase. However, the Compound Annual Growth Rate (CAGR) over the last five years, from 2015 to 2020, indicates the prices have slightly increased at an average rate of 4.72% per year.
For future trends, it is crucial to monitor global trade relations, particularly the EU and potential impacts of evolving agricultural policies, which may affect supply dynamics and pricing. Also, watch for consumer demand shifts towards alternative proteins and how this impacts pork prices.
