Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Bulgaria - 2023

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bulgaria (CIF) - 2022
  2. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bulgaria

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bulgaria (CIF) - 2022

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $6,983 per ton, reducing by -6.2% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 153% against the previous year. The import price peaked at $24,190 per ton in 2012; however, from 2013 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 Italy ($12,986 per ton), while the price for Belarus ($4,509 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+58.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bulgaria

In 2022, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s into Bulgaria surged to 12 tons, growing by 21% compared with the previous year. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 500% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s expanded remarkably to $82K in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 555%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A51.146.7-8.6%
Belarus10.01.716.324.134.1%
ItalyN/AN/AN/A5.60%
SpainN/A4.3N/A1.5-40.9%
Belgium8.85.15.1N/A-23.9%
Others2.5N/AN/A4.017.0%
Total21.411.172.581.956.4%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Bulgaria in 2022:

  1. Netherlands (5.8 tons)
  2. Belarus (5.3 tons)
  3. Italy (0.4 tons)
  4. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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