Dried Apricot Price in Bulgaria - 2023

Contents:

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

Dried Apricot Price in Bulgaria (FOB) - 2022

In 2022, the average dried apricot export price amounted to $4,138 per ton, increasing by 35% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2017 an increase of 106%. Over the period under review, the average export prices reached the peak figure at $5,458 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($11,357 per ton), while the average price for exports to Poland ($925 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 Poland (+84.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Apricot Price in Bulgaria (CIF) - 2022

In 2022, the average dried apricot import price amounted to $3,984 per ton, picking up by 14% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($5,428 per ton), while the price for Greece ($992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.2%), while the prices for the other major suppliers experienced a decline.

Dried Apricot Exports in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of dried apricots, when their volume decreased by -58.6% to 209 tons. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 460% against the previous year. As a result, the exports reached the peak of 505 tons, and then shrank rapidly in the following year.

In value terms, dried apricot exports declined rapidly to $864K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 445%. As a result, the exports reached the peak of $1.5M, and then fell dramatically in the following year.

Top Export Markets for Dried Apricot from Bulgaria in 2022:

1. Austria (103.8 tons)
2. Germany (54.9 tons)
3. Czech Republic (25.9 tons)
4. Romania (12.1 tons)
5. Spain (6.9 tons)
6. Poland (0.6 tons)

Dried Apricot Imports in Bulgaria

In 2022, supplies from abroad of dried apricots was finally on the rise to reach 370 tons after two years of decline. Overall, imports, however, continue to indicate a deep downturn.

In value terms, dried apricot imports skyrocketed to $1.5M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Dried Apricot to Bulgaria in 2022:

1. Turkey (238.9 tons)
2. Greece (115.2 tons)
3. Netherlands (11.8 tons)

Source: IndexBox Market Intelligence Platform