DYNAMICS OF THE PRICES OF INVESTMENT AND OPERATIONAL RESOURCES IN THE LIVESTOCK SECTOR

Abstract

This study analyzes price dynamics for investment-related goods and services, as well as resources for current consumption, within Bulgaria’s livestock sector during the 2012-2024 period. It emphasizes the significance of price fluctuations for the investment climate across the agri-food supply chain. The methodological framework involves a comparative analysis of price indices-calculated using the Laspeyres formula-based on data from the National Statistical Institute. The study tracks price changes for materials, agricultural machinery and equipment, transport vehicles, tractors, and farm buildings, as well as key components of operating costs, including animal feed, veterinary products, and maintenance and repair services. The results reveal a clear upward trend in price indices following 2020; by 2024, particularly high values were recorded for compound feeds, materials, agricultural machinery, and the maintenance of farm buildings. These trends point to mounting cost pressures and potential constraints on investment activity, technological modernization, and the competitiveness of business entities. Based on these findings, the study outlines recommendations for improving access to investment financing, promoting targeted support, and mitigating vulnerability to price volatility.