Bulgaria - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Mustard Price in Bulgaria - 2023
Contents:
- Prepared Mustard Price in Bulgaria (CIF) - 2023
- Prepared Mustard Price in Bulgaria (FOB) - 2022
- Prepared Mustard Imports in Bulgaria
- Prepared Mustard Exports in Bulgaria
Prepared Mustard Price in Bulgaria (CIF) - 2023
In August 2023, the average prepared mustard import price amounted to $4,036 per ton, with an increase of 49% against the previous month. Overall, import price indicated measured growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, prepared mustard import price increased by +48.5% against July 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was France ($36,001 per ton), while the price for Romania ($2,000 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Mustard Price in Bulgaria (FOB) - 2022
The average prepared mustard export price stood at $283 per ton in 2022, dropping by -81% against the previous year. In general, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 37% against the previous year. The export price peaked at $2,211 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Albania ($1,601 per ton), while the average price for exports to Kosovo ($239 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 Albania (-1.1%), while the prices for the other major destinations experienced a decline.
Prepared Mustard Imports in Bulgaria
In 2022, the amount of prepared mustard imported into Bulgaria soared to 936 tons, growing by 40% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +65.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, prepared mustard imports surged to $2.1M in 2022. Over the period under review, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Prepared Mustard in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 22.0 | 40.6 | 111 | 480 | 179.4% |
| Netherlands | 413 | 258 | 429 | 475 | 4.8% |
| France | 291 | 288 | 225 | 263 | -3.3% |
| Hungary | 60.7 | 58.0 | 46.0 | 251 | 60.5% |
| Germany | 152 | 158 | 185 | 183 | 6.4% |
| Romania | 59.7 | 60.2 | 106 | 138 | 32.2% |
| Austria | 75.3 | 70.2 | 72.4 | 83.0 | 3.3% |
| Poland | 63.0 | 67.7 | 52.7 | 64.6 | 0.8% |
| Czech Republic | 36.5 | 29.3 | 53.6 | 58.4 | 17.0% |
| Others | 63.5 | 106 | 133 | 130 | 27.0% |
| Total | 1,237 | 1,136 | 1,412 | 2,126 | 19.8% |
Top Suppliers of Prepared Mustard to Bulgaria in 2022:
- Ukraine (364.2 tons)
- Netherlands (163.5 tons)
- France (67.9 tons)
- Hungary (64.6 tons)
- Romania (60.5 tons)
- Germany (50.0 tons)
- Poland (40.7 tons)
- Czech Republic (37.6 tons)
- Austria (33.3 tons)
Prepared Mustard Exports in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in overseas shipments of prepared mustard, which increased by 463% to 462 tons in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, prepared mustard exports reached $131K in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Prepared Mustard in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 118 | 0% |
| Czech Republic | N/A | N/A | N/A | 3.0 | 0% |
| Greece | 6.9 | 0.7 | 20.4 | 1.8 | -36.1% |
| Kosovo | N/A | 15.3 | 3.3 | 0.9 | -75.7% |
| North Macedonia | 18.4 | 18.9 | 1.8 | 0.2 | -77.8% |
| Russia | 21.2 | 14.6 | 0.5 | N/A | -84.6% |
| Cote d'Ivoire | 1.4 | 6.4 | 13.5 | N/A | 210.5% |
| Others | 71.5 | 71.2 | 82.5 | 6.6 | -54.8% |
| Total | 119 | 127 | 122 | 131 | 3.3% |
Top Export Markets for Prepared Mustard from Bulgaria in 2022:
- France (435.3 tons)
- Czech Republic (12.4 tons)
- Kosovo (4.0 tons)
- Greece (2.1 tons)
- North Macedonia (0.1 tons)
This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
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
- 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 VOLUME AND VALUE
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
- 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
- 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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