From 2013 to 2023, the market value for fresh hams, pork shoulders, and other pork cuts in Bulgaria varied significantly. In 2023, the market stood at €114.65 million, reflecting a steady recovery from the dips seen in previous years. The year-on-year growth rate showed variability across the years, with notable growth in 2019 at 19.37%, followed by a marginal decline in 2020 and 2021. However, the market rebounded in recent years with growth rates of 2.82% in 2022 and 2.72% in 2023. The compound annual growth rate over the last five years was 3.29%, indicating a moderate expansion.
Future trends to watch for:
- Potential shifts in consumer preferences towards pork and overall meat consumption.
- Impact of global supply chain changes and local agricultural policies on pork prices and availability.
- Influence of economic fluctuations and inflation on consumer purchasing power and market demand.
How does Bulgaria rank in Fresh Hams, Pork Shoulders and Other Pork Cuts Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,268,600,000 | 2023 | +2.43% | +2.86% | View data |
| 2 | 2 Spain | 2,591,300,000 | 2023 | +6.56% | +2.69% | View data |
| 3 | 3 Poland | 2,355,800,000 | 2023 | +4.23% | +5.73% | View data |
| 4 | 4 Germany | 2,115,600,000 | 2023 | +0.93% | +0.79% | View data |
| 5 | 5 France | 1,782,300,000 | 2023 | +0.57% | -0.94% | View data |
| 8 | 8 Czech Republic | 267,440,000 | 2023 | +1.55% | +2.09% | View data |
| 9 | 9 Slovakia | 237,510,000 | 2023 | +3.7% | +5.22% | View data |
| 10 | 10 Bulgaria | 114,650,000 | 2023 | +2.72% | +3.29% | |
| 11 | 11 Romania | 83,279,000 | 2023 | +2.32% | +0.73% | View data |
| 12 | 12 Croatia | 41,874,000 | 2023 | +1.37% | -2.41% | View data |
