Clementines Price in Bulgaria - 2023

Contents:

  1. Clementines Price in Bulgaria (CIF) - 2022
  2. Clementines Price in Bulgaria (FOB) - 2022
  3. Clementines Imports in Bulgaria
  4. Clementines Exports in Bulgaria

Clementines Price in Bulgaria (CIF) - 2022

The average clementines import price stood at $360 per ton in 2022, rising by 6% against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($906 per ton), while the price for Italy ($276 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Clementines Price in Bulgaria (FOB) - 2022

The average clementines export price stood at $1,183 per ton in 2022, rising by 7.1% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 42%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($1,401 per ton), while the average price for exports to Croatia ($366 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Clementines Imports in Bulgaria

In 2022, the amount of fruit, edible imported into Bulgaria shrank to 16K tons, which is down by -10.6% against the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of 17K tons, and then dropped in the following year.

In value terms, clementines imports contracted to $5.6M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of $5.9M, and then contracted in the following year.

Import of Clementines in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece2.53.54.84.017.0%
GermanyN/AN/AN/A1.20%
AlbaniaN/AN/AN/A0.20%
Italy0.1N/AN/A0.10.0%
Others0.10.11.10.10.0%
Total2.83.65.95.626.0%

Top Suppliers of Clementines to Bulgaria in 2022:

  1. Greece (13.4K tons)
  2. Germany (1.3K tons)
  3. Italy (0.4K tons)
  4. Albania (0.2K tons)

Clementines Exports in Bulgaria

In 2022, overseas shipments of fruit, edible decreased by -24% to 2.6K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. As a result, the exports attained the peak of 3.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, clementines exports declined significantly to $3M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 95% against the previous year.

Export of Clementines in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A21.72,5661,410706.1%
BelarusN/AN/AN/A1,0800%
Romania5512,423686218-26.6%
PolandN/AN/AN/A83.60%
UkraineN/AN/AN/A69.10%
Lithuania50426812245.9-55.0%
Croatia49.446.6N/A33.0-12.6%
SloveniaN/AN/AN/A21.70%
Italy616594244N/A-37.1%
Others0.90.211176.1338.9%
Total1,7223,3543,7293,03820.8%

Top Export Markets for Clementines from Bulgaria in 2022:

  1. Hungary (1006.4 tons)
  2. Belarus (848.6 tons)
  3. Romania (278.6 tons)
  4. Ukraine (96.1 tons)
  5. Croatia (90.0 tons)
  6. Poland (80.5 tons)
  7. Slovenia (59.0 tons)
  8. Lithuania (43.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Clementines - Bulgaria