Cereals; Millet, Seed Price in Bulgaria - 2023
Contents:
- Cereals; Millet, Seed Price in Bulgaria (FOB) - 2022
- Cereals; Millet, Seed Price in Bulgaria (CIF) - 2022
- Cereals; Millet, Seed Exports in Bulgaria
- Cereals; Millet, Seed Imports in Bulgaria
Cereals; Millet, Seed Price in Bulgaria (FOB) - 2022
The average cereals; millet, seed export price stood at $586 per ton in 2022, jumping by 21% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $608 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +18.7% per year.
Cereals; Millet, Seed Price in Bulgaria (CIF) - 2022
The average cereals; millet, seed import price stood at $1,750 per ton in 2022, shrinking by -14.8% against the previous year. In general, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 679%. As a result, import price attained the peak level of $4,467 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($7,002 per ton), while the price for Poland ($617 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced a decline.
Cereals; Millet, Seed Exports in Bulgaria
In 2022, approx. 242 tons of cereals; millet, seeds were exported from Bulgaria; waning by -25.9% against the year before. In general, exports faced a deep downturn. The growth pace was the most rapid in 2021 with an increase of 29%.
In value terms, cereals; millet, seed exports dropped to $142K in 2022. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 28%.
| Export of Cereals; Millet, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 119 | 124 | 159 | 142 | 6.1% |
| Croatia | 24.0 | N/A | N/A | N/A | 0% |
| Poland | 11.2 | N/A | N/A | N/A | 0% |
| Netherlands | 40.4 | N/A | N/A | N/A | 0% |
| Others | 9.2 | N/A | N/A | N/A | 0% |
| Total | 203 | 124 | 159 | 142 | -11.2% |
Top Export Markets for Cereals; Millet, Seed from Bulgaria in 2022:
- Greece (242.4 tons)
Cereals; Millet, Seed Imports in Bulgaria
Cereals; millet, seed imports into Bulgaria skyrocketed to 11 tons in 2022, increasing by 763% compared with the previous year's figure. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 975% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cereals; millet, seed imports soared to $19K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 659% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Cereals; Millet, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 2.4 | 10.5 | 337.5% |
| France | N/A | N/A | N/A | 6.5 | 0% |
| Hungary | N/A | N/A | N/A | 1.3 | 0% |
| Poland | 1.3 | N/A | N/A | 1.2 | -2.6% |
| Others | 0.6 | 0.3 | 0.3 | N/A | -29.3% |
| Total | 1.9 | 0.3 | 2.6 | 19.5 | 117.3% |
Top Suppliers of Cereals; Millet, Seed to Bulgaria in 2022:
- Austria (5.8 tons)
- France (3.2 tons)
- Poland (2.0 tons)
- Hungary (0.2 tons)
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