Bulgaria - Linseed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLinseed Price in Bulgaria - 2023
Contents:
- Linseed Price in Bulgaria (CIF) - 2023
- Linseed Price in Bulgaria (FOB) - 2022
- Linseed Imports in Bulgaria
- Linseed Exports in Bulgaria
Linseed Price in Bulgaria (CIF) - 2023
In August 2023, the average linseed import price amounted to $603 per ton, dropping by -17% against the previous month. In general, the import price saw a noticeable curtailment. The growth pace was the most rapid in May 2023 an increase of 14% month-to-month. As a result, import price attained the peak level of $1,092 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From August 2022 to August 2023, the rate of growth in terms of prices for Ukraine amounted to -4.1% per month.
Linseed Price in Bulgaria (FOB) - 2022
The average linseed export price stood at $1,379 per ton in 2022, which is down by -29.6% against the previous year. In general, the export price, however, posted a moderate increase. The growth pace was the most rapid in 2020 when the average export price increased by 39%. Over the period under review, the average export prices attained the peak figure at $1,959 per ton in 2021, and then declined notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,803 per ton), while the average price for exports to South Africa ($1,007 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 Turkey (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Linseed Imports in Bulgaria
Linseed imports into Bulgaria was estimated at 1.5K tons in 2022, rising by 4.8% on 2021 figures. Over the period under review, imports, however, continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5% against the previous year.
In value terms, linseed imports rose notably to $1.6M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Linseed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 937 | 804 | 1,075 | 1,112 | 5.9% |
| Kazakhstan | N/A | 46.7 | N/A | 102 | 47.8% |
| Poland | 6.1 | 46.8 | 86.5 | 85.2 | 140.8% |
| Moldova | N/A | N/A | 22.1 | 74.2 | 235.7% |
| Netherlands | 25.5 | 58.7 | 95.0 | 72.7 | 41.8% |
| Turkey | N/A | N/A | 22.2 | 61.9 | 178.8% |
| Others | 91.0 | 94.1 | 179 | 65.3 | -10.5% |
| Total | 1,060 | 1,051 | 1,480 | 1,573 | 14.1% |
Top Suppliers of Linseed to Bulgaria in 2022:
- Ukraine (1129.7 tons)
- Kazakhstan (126.0 tons)
- Moldova (88.0 tons)
- Turkey (55.0 tons)
- Poland (52.9 tons)
- Netherlands (45.2 tons)
Linseed Exports in Bulgaria
Linseed exports from Bulgaria soared to 300 tons in 2022, rising by 59% compared with the previous year. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, linseed exports expanded notably to $414K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Linseed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | N/A | N/A | N/A | 103 | 0% |
| South Africa | N/A | N/A | N/A | 90.3 | 0% |
| Italy | 34.2 | 59.0 | 72.3 | 71.4 | 27.8% |
| Serbia | 0.5 | 0.6 | 3.1 | 49.1 | 361.4% |
| Montenegro | N/A | N/A | N/A | 23.8 | 0% |
| North Macedonia | 5.6 | 6.1 | 10.3 | 19.4 | 51.3% |
| Romania | 3.7 | 3.3 | 8.0 | 15.0 | 59.5% |
| Germany | 57.7 | 115 | 123 | 14.5 | -36.9% |
| Greece | 103 | 84.3 | 54.3 | 10.0 | -54.0% |
| South Korea | N/A | 3.9 | 25.0 | N/A | 541.0% |
| Hungary | N/A | N/A | 17.7 | N/A | 0% |
| Others | 4.9 | 16.8 | 55.8 | 17.7 | 53.4% |
| Total | 210 | 289 | 369 | 414 | 25.4% |
Top Export Markets for Linseed from Bulgaria in 2022:
- Hungary (undefined tons)
- South Africa (89.7 tons)
- Bosnia and Herzegovina (84.3 tons)
- Serbia (46.0 tons)
- Italy (25.5 tons)
- Montenegro (21.0 tons)
- North Macedonia (11.3 tons)
- Greece (7.0 tons)
- Germany (5.5 tons)
- Romania (5.0 tons)
This report provides an in-depth analysis of the linseed market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 333 - Linseed
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the linseed market in Bulgaria.
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This report provides an in-depth analysis of the global linseed market.
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This report provides an in-depth analysis of the linseed market in Bulgaria.
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This report provides an in-depth analysis of the global linseed market.
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Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
2621
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1204
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
1576
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
69
Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
2621
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1204
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
