Price for Cereal Grains; Rolled or Flaked, of Oats in Bulgaria - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Oats in Bulgaria (CIF) - 2023
  2. Price for Cereal Grains; Rolled or Flaked, of Oats in Bulgaria (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Bulgaria
  4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Bulgaria

Price for Cereal Grains; Rolled or Flaked, of Oats in Bulgaria (CIF) - 2023

In September 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $910 per ton, waning by -15.4% against the previous month. In general, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 29% against the previous month. As a result, import price reached the peak level of $1,210 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From December 2022 to September 2023, the rate of growth in terms of prices for Finland amounted to +3.0% per month.

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

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $963 per ton, surging by 66% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,095 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Turkey ($4,306 per ton), while the average price for exports to Greece ($706 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 the United Arab Emirates (+41.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Bulgaria

In 2022, overseas purchases of cereal grains; rolled or flaked, of oatses decreased by -0.1% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.5%.

In value terms, imports of cereal grains; rolled or flaked, of oatses stood at $2M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Grains; Rolled or Flaked, of Oats in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic42046776798532.9%
Germany687710154268-26.9%
Ukraine2363004322360.0%
FinlandN/A90.225719647.4%
United Kingdom2.01.539.6108278.0%
LatviaN/AN/A37.2106184.9%
Poland94.230.215.213.6-47.5%
Lithuania75.062.12.9N/A-80.3%
Others53.842.345.166.87.5%
Total1,5691,7031,7501,9818.1%

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

  1. Czech Republic (1410.6 tons)
  2. Ukraine (378.9 tons)
  3. Germany (220.3 tons)
  4. Finland (130.5 tons)
  5. Latvia (79.3 tons)
  6. United Kingdom (54.7 tons)
  7. Poland (10.3 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Bulgaria

In 2022, the amount of cereal grains; rolled or flaked, of oatses exported from Bulgaria shrank notably to 180 tons, waning by -29% against the previous year's figure. In general, exports continue to indicate a drastic downturn. The smallest decline of -6.5% was in 2020.

In value terms, exports of cereal grains; rolled or flaked, of oatses soared to $174K in 2022. Over the period under review, exports saw a abrupt descent.

Export of Cereal Grains; Rolled or Flaked, of Oats in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece80.877.190.080.4-0.2%
Iran10.8N/AN/A38.152.2%
Romania0.64.48.515.6196.2%
United Arab Emirates9.1N/A16.59.82.5%
North Macedonia1.23.64.79.196.5%
Italy82.199.05.40.5-81.7%
TurkeyN/A10.01.70.3-82.7%
Albania8.9N/A4.2N/A-31.3%
Others11.820.716.520.119.4%
Total205215148174-5.3%

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

  1. Greece (113.9 tons)
  2. Iran (42.1 tons)
  3. Romania (6.4 tons)
  4. United Arab Emirates (6.3 tons)
  5. North Macedonia (4.9 tons)
  6. Italy (0.3 tons)
  7. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

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