Price for Cereals; Oats, Other than Seed in Bulgaria - 2023

Contents:

  1. Price for Cereals; Oats, Other than Seed in Bulgaria (FOB) - 2022
  2. Price for Cereals; Oats, Other than Seed in Bulgaria (CIF) - 2022
  3. Exports of Cereals; Oats, Other than Seed in Bulgaria
  4. Imports of Cereals; Oats, Other than Seed in Bulgaria

Price for Cereals; Oats, Other than Seed in Bulgaria (FOB) - 2022

The average export price for cereals; oats, other than seeds stood at $371 per ton in 2022, rising by 40% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($357 per ton), while the average price for exports to North Macedonia stood at $318 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cereals; Oats, Other than Seed in Bulgaria (CIF) - 2022

In 2022, the average import price for cereals; oats, other than seeds amounted to $559 per ton, with an increase of 9.7% against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs at $713 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,685 per ton), while the price for Moldova ($436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereals; Oats, Other than Seed in Bulgaria

In 2022, shipments abroad of cereals; oats, other than seeds decreased by -36% to 5.1K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 487% against the previous year. As a result, the exports attained the peak of 30K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cereals; oats, other than seed exports shrank to $1.9M in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 498%. As a result, the exports reached the peak of $6.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cereals; Oats, Other than Seed in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1.00.91.81.821.6%
SpainN/A3.6N/AN/A0%
MoroccoN/A0.9N/AN/A0%
SerbiaN/A0.90.2N/A-77.8%
Others0.10.1N/A0.10.0%
Total1.16.42.11.920.0%

Top Export Markets for Cereals; Oats, Other than Seed from Bulgaria in 2022:

  1. Greece (5.0K tons)

Imports of Cereals; Oats, Other than Seed in Bulgaria

After three years of growth, overseas purchases of cereals; oats, other than seeds decreased by -35% to 197 tons in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports attained the peak of 303 tons, and then shrank remarkably in the following year.

In value terms, cereals; oats, other than seed imports reduced dramatically to $110K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $154K, and then fell markedly in the following year.

Import of Cereals; Oats, Other than Seed in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine33.066.310633.70.7%
FranceN/AN/AN/A26.70%
Austria4.43.215.523.274.1%
Moldova5.1N/A9.89.623.5%
Germany4.711.99.48.220.4%
Others1.41.213.78.683.1%
Total48.682.715411031.3%

Top Suppliers of Cereals; Oats, Other than Seed to Bulgaria in 2022:

  1. Ukraine (68.0 tons)
  2. Austria (49.0 tons)
  3. France (48.4 tons)
  4. Moldova (22.0 tons)
  5. Germany (4.9 tons)

Source: IndexBox Market Intelligence Platform

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