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Over 200% growth in exports: Turkey is a top destination for our beef

Published Jan 22, 2025

Tridge summary

In 2025, the Ministry of Agriculture reported significant changes in Bulgaria's agricultural market. Beef exports experienced a massive surge, with a 206% increase from January to September 2024, largely due to a new market in Turkey. Despite this growth, beef imports also rose, and Bulgaria found itself at the bottom of the EU in terms of beef prices. The country saw an increase in the purchase price of fattened calves and the wholesale price of veal carcass meat compared to the previous year. Additionally, there was a noted rise in cattle slaughtering and beef yield by September 2024.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the beginning of 2025, the Ministry of Agriculture's (MAA) summarized beef statistics report a new market situation in the sector in terms of exports over the past year. Wholesale egg prices start 2025 at lower levels than last year's According to the aforementioned data (from the National Statistical Institute and MAA calculations), in the period January - September 2024, Bulgarian beef exports recorded an impressive increase compared to the same period in 2023. Total exported quantities amounted to 9,176.4 tons (206% growth) compared to 2,995.1 tons at the same time the previous year and 6,040.1 tons exported for the entire year of 2023. The infographic shows that in 2022 and 2021 our total exports in this category were only 401 tons and 827.9 tons. The reason for the impressive growth turns out to be due to an open new market to Turkey. In the first two years of the research period (2021 and 2022), no export to our southern neighbor was mentioned at all. In 2023, ...
Source: Agri
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