Cereals; Barley, Seed Price in Bulgaria - 2023
Contents:
- Cereals; Barley, Seed Price in Bulgaria (CIF) - 2022
- Cereals; Barley, Seed Price in Bulgaria (FOB) - 2022
- Cereals; Barley, Seed Imports in Bulgaria
- Cereals; Barley, Seed Exports in Bulgaria
Cereals; Barley, Seed Price in Bulgaria (CIF) - 2022
In 2022, the average cereals; barley, seed import price amounted to $901 per ton, with a decrease of -9% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed import price increased by +69.3% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 25%. As a result, import price attained the peak level of $990 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,695 per ton), while the price for Austria ($658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Barley, Seed Price in Bulgaria (FOB) - 2022
In 2022, the average cereals; barley, seed export price amounted to $285 per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 17%. The export price peaked at $462 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($466 per ton), while the average price for exports to Cyprus ($233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+0.6%), while the prices for the other major destinations experienced a decline.
Cereals; Barley, Seed Imports in Bulgaria
In 2022, approx. 607 tons of cereals; barley, seeds were imported into Bulgaria; dropping by -12.2% compared with the previous year. Over the period under review, imports saw a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of 691 tons, and then shrank in the following year.
In value terms, cereals; barley, seed imports fell rapidly to $547K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of $685K, and then fell markedly in the following year.
| Import of Cereals; Barley, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 121 | 163 | 341 | 211 | 20.4% |
| Romania | 128 | 114 | 170 | 173 | 10.6% |
| France | 101 | 81.1 | 121 | 75.8 | -9.1% |
| Austria | 41.2 | 35.2 | 45.4 | 40.0 | -1.0% |
| Czech Republic | 11.2 | 10.9 | N/A | 23.4 | 27.8% |
| Slovakia | N/A | N/A | N/A | 10.4 | 0% |
| Others | 21.3 | 5.4 | 7.7 | 12.7 | -15.8% |
| Total | 424 | 409 | 685 | 547 | 8.9% |
Top Suppliers of Cereals; Barley, Seed to Bulgaria in 2022:
- Romania (219.2 tons)
- Hungary (218.3 tons)
- Austria (60.9 tons)
- France (44.7 tons)
- Czech Republic (34.6 tons)
- Slovakia (14.4 tons)
Cereals; Barley, Seed Exports in Bulgaria
In 2022, shipments abroad of cereals; barley, seeds was finally on the rise to reach 295 tons after two years of decline. Overall, exports, however, faced a deep downturn.
In value terms, cereals; barley, seed exports surged to $84K in 2022. Over the period under review, exports, however, continue to indicate a deep downturn.
| Export of Cereals; Barley, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 108 | N/A | N/A | 55.2 | -20.0% |
| Greece | 16.6 | 73.6 | 48.6 | 15.4 | -2.5% |
| North Macedonia | 3.1 | 22.8 | 1.3 | 3.1 | 0.0% |
| Others | 18.3 | 18.7 | 3.1 | 10.4 | -17.2% |
| Total | 146 | 115 | 53.1 | 84.1 | -16.8% |
Top Export Markets for Cereals; Barley, Seed from Bulgaria in 2022:
- Cyprus (237.2 tons)
- Greece (43.3 tons)
- North Macedonia (6.6 tons)
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