Bulgaria: Poultry Market Update
Link to report:
Bulgarian broiler production grew by two percent in 2019, while duck meat output decreased sharply by 24 percent from 2018, due to animal health challenges. Consumer demand for poultry meat reached record levels. 2019 chicken meat imports grew by over 10 percent, stimulated by favorable domestic demand. Exports decreased by five percent in favor of domestic sales. Prospects for 2020 are cautiously optimistic and highly dependent on Bulgaria’s COVID-19 situation and its effect on the economy and consumer incomes. Despite strong poultry meat retail sales following the novel coronavirus outbreak to date, Post expects that the subsequent shutdown of the food service industry and the decline in tourism sector will negatively affect the poultry demand.
