Report Update: May 1, 2024

Bulgaria - Cereal Pellets (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Wheat Cereal Pellets Price in Bulgaria - 2023

Non-Wheat Cereal Pellets Price in Bulgaria (FOB) - 2022

The average non-wheat cereal pellets export price stood at $416 per ton in 2022, increasing by 26% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-wheat cereal pellets export price increased by +47.2% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 33%. The export price peaked in 2022 and is likely to see steady growth in years to come.

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 Romania ($455 per ton), while the average price for exports to Greece totaled $297 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.7%).

Non-Wheat Cereal Pellets Price in Bulgaria (CIF) - 2022

The average non-wheat cereal pellets import price stood at $1,788 per ton in 2022, leveling off at the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 76% against the previous year. The import price peaked at $1,813 per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5,050 per ton), while the price for the Czech Republic ($593 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Wheat Cereal Pellets Exports in Bulgaria

Non-wheat cereal pellets exports from Bulgaria reduced dramatically to 664 tons in 2022, shrinking by -82.1% compared with the year before. Over the period under review, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 16%.

In value terms, non-wheat cereal pellets exports plummeted to $276K in 2022. In general, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 35%. As a result, the exports reached the peak of $1.2M, and then dropped markedly in the following year.

Export of Non-Wheat Cereal Pellets in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	1,028	825	637	220	-40.2%
Greece	121	83.5	504	53.3	-23.9%
Poland	N/A	N/A	77.3	N/A	0%
Others	2.5	N/A	10.0	2.7	2.6%
Total	1,152	908	1,228	276	-37.9%

Top Export Markets for Non-Wheat Cereal Pellets from Bulgaria in 2022:

Romania (484.0 tons)
Greece (179.2 tons)

Non-Wheat Cereal Pellets Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of cereal pellets (excluding wheat), which increased by 41% to 325 tons in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 73%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, non-wheat cereal pellets imports surged to $582K in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 100%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Non-Wheat Cereal Pellets in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Greece	N/A	189	259	338	33.7%
Spain	18.1	55.2	96.1	121	88.4%
Poland	48.9	55.5	60.3	78.8	17.2%
Czech Republic	N/A	N/A	N/A	25.8	0%
Romania	94.7	34.0	N/A	15.1	-45.8%
Others	6.2	1.7	1.6	3.0	-21.5%
Total	168	335	417	582	51.3%

Top Suppliers of Non-Wheat Cereal Pellets to Bulgaria in 2022:

Greece (200.4 tons)
Poland (48.5 tons)
Czech Republic (43.5 tons)
Spain (24.1 tons)
Romania (7.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-wheat cereal pellets 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:

Prodcom 10613250 - Pellets of oats, maize, rice, rye, barley and other cereals (excluding wheat)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023