The Bulgarian meat market experienced fluctuations from 2013 to 2023, finishing at 260.15 million kilograms in 2023. The year-on-year variations showed significant swings, peaking in 2018 with a 13.29% increase and hitting lows in 2020 and 2021 with decreases around 6-7%. Over the last five years, the compound annual growth rate (CAGR) dropped to -3%, indicating a declining trend. Recent years showed minor recovery, with slight growth in 2022 and 2023.
Future trends to watch for include shifts in consumer preferences towards plant-based diets, potential regulatory changes, and impacts of global supply chain dynamics. Monitoring these factors can help anticipate market developments.
How does Bulgaria rank in Meat Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,419,000,000 | 2023 | +3.48% | +3.45% | View data |
| 2 | 2 Spain | 6,256,900,000 | 2023 | +2.03% | +1.16% | View data |
| 3 | 3 Italy | 4,821,400,000 | 2023 | -3.68% | -3.19% | View data |
| 4 | 4 France | 4,587,700,000 | 2023 | -0.41% | -1.09% | View data |
| 5 | 5 United Kingdom | 3,464,300,000 | 2023 | +1.55% | +1.19% | View data |
| 14 | 14 Austria | 422,740,000 | 2023 | +1.07% | +0.49% | View data |
| 15 | 15 Finland | 263,900,000 | 2023 | +0.98% | +0.86% | View data |
| 16 | 16 Bulgaria | 260,150,000 | 2023 | +2.21% | -3% | |
| 17 | 17 Lithuania | 249,430,000 | 2023 | -0.56% | -1.05% | View data |
| 18 | 18 Croatia | 209,130,000 | 2023 | +3.58% | +1.25% | View data |
