Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria (FOB) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria (CIF) - 2022
3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria
4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $355 per ton, rising by 26% against the previous year. Overall, the export price showed a modest increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,464 per ton), while the average price for exports to Romania ($327 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 Spain (+22.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $444 per ton, shrinking by -16.1% against the previous year. Overall, the import price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2018 an increase of 264% against the previous year. Over the period under review, average import prices attained the peak figure at $668 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($1,351 per ton), while the price for Romania ($308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria

In 2022, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Bulgaria contracted dramatically to 12K tons, falling by -63.4% against the previous year. Overall, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 8.8%.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses declined notably to $4.4M in 2022. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. As a result, the exports attained the peak of $9.5M, and then contracted sharply in the following year.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Bulgaria in 2022:

1. Greece (12.3K tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Bulgaria

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Bulgaria surged to 1.1K tons, picking up by 50% compared with 2021 figures. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $469K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +81.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Bulgaria in 2022:

1. Romania (502.3 tons)
2. Czech Republic (233.7 tons)
3. Slovakia (180.0 tons)
4. Ukraine (77.8 tons)
5. Austria (21.7 tons)
6. Hungary (5.7 tons)

Source: IndexBox Market Intelligence Platform