Price for Cereals; Rye, Other than Seed in Bulgaria - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Bulgaria (FOB) - 2022
- Price for Cereals; Rye, Other than Seed in Bulgaria (CIF) - 2022
- Exports of Cereals; Rye, Other than Seed in Bulgaria
- Imports of Cereals; Rye, Other than Seed in Bulgaria
Price for Cereals; Rye, Other than Seed in Bulgaria (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $345 per ton, jumping by 32% against the previous year. Overall, the export price continues to indicate moderate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($369 per ton), while the average price for exports to Greece amounted to $342 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.3%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Rye, Other than Seed in Bulgaria (CIF) - 2022
The average import price for cereals; rye, other than seeds stood at $472 per ton in 2022, dropping by -15.1% against the previous year. Overall, the import price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2020 an increase of 94%. The import price peaked at $1,683 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -0.3% per year.
Exports of Cereals; Rye, Other than Seed in Bulgaria
In 2022, the amount of cereals; rye, other than seeds exported from Bulgaria shrank rapidly to 425 tons, with a decrease of -53% on 2021 figures. In general, exports showed a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of 227% against the previous year. As a result, the exports reached the peak of 903 tons, and then declined dramatically in the following year.
In value terms, cereals; rye, other than seed exports contracted sharply to $147K in 2022. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 293% against the previous year. As a result, the exports reached the peak of $237K, and then shrank dramatically in the following year.
| Export of Cereals; Rye, Other than Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 97.2 | 40.3 | 211 | 129 | 9.9% |
| Austria | N/A | N/A | 26.5 | 17.6 | -33.6% |
| North Macedonia | N/A | 20.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 97.2 | 60.4 | 237 | 147 | 14.8% |
Top Export Markets for Cereals; Rye, Other than Seed from Bulgaria in 2022:
- Greece (377.1 tons)
- Austria (47.7 tons)
Imports of Cereals; Rye, Other than Seed in Bulgaria
In 2022, approx. 121 tons of cereals; rye, other than seeds were imported into Bulgaria; which is down by -32.7% compared with 2021 figures. Over the period under review, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.
In value terms, cereals; rye, other than seed imports dropped notably to $57K in 2022. In general, imports faced a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
| Import of Cereals; Rye, Other than Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 66.7 | 73.1 | 100 | 56.1 | -5.6% |
| Ukraine | 124 | N/A | N/A | N/A | 0% |
| Others | 10.5 | 8.3 | N/A | 1.1 | -52.9% |
| Total | 201 | 81.4 | 100 | 57.2 | -34.2% |
Top Suppliers of Cereals; Rye, Other than Seed to Bulgaria in 2022:
- Germany (120.2 tons)
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