Bulgaria

Pork prices in Bulgaria are up by a third

Pork

The market is in absolute volatility due to the ASF situation that appeared last year.

Posted on Feb 14 ,07:44

Pork prices in Bulgaria are up by a third

The pork prices in Bulgaria have increased by 33% since the African swine fever outbreak in August last year. The country's swine population has declined by almost 30% after 8 cases of ASF have been reported in large industrial farms leading to the culling of more than 140,000 pigs, almost 20% of the national pig inventory, with the difference covered by pigs culled in the backyard and small-scale farms. "At the moment, the most characteristic feature of this market is that it is absolutely volatile. We have no equilibrium price. We have seen a lot of variability in the pricing of pork", commented Vladimir Ivanov, head of the State Commission for Commodity Exchange and Markets, quoted by Sofia Globe newspaper.
Currently, Bulgarian meat processors are using imported pork to cover the gap in production but there are hopes for the recovery in the sector later this year or at the beginning of 2021. Last year, 42 ASF cases have been reported in the country. The pressure is still present in the area as neighboring countries such as Romania, Greece and Serbia are affected by the disease.

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