Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Bulgaria - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Bulgaria (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Bulgaria

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Bulgaria (CIF) - 2022

The average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $1,975 per ton in 2022, with an increase of 5.3% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s increased by +50.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 69%. The import price peaked at $2,380 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($8,750 per ton), while the price for Norway ($1,427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Bulgaria

In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s imported into Bulgaria reduced dramatically to 162 tons, declining by -18.1% on the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 198 tons, and then shrank sharply in the following year.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s fell to $320K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 109% against the previous year. As a result, imports reached the peak of $371K, and then fell in the following year.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands17.47.8238173115.0%
Norway17.210280.171.660.9%
Czech RepublicN/AN/A37.454.646.0%
Poland11.7N/AN/A15.08.6%
Lithuania3.5N/AN/A5.214.1%
Iceland12059.8N/AN/A-50.2%
OthersN/A7.514.9N/A98.7%
Total16917837132023.7%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Bulgaria in 2022:

  1. Netherlands (94.0 tons)
  2. Norway (50.2 tons)
  3. Poland (8.4 tons)
  4. Czech Republic (6.2 tons)
  5. Lithuania (3.0 tons)

Source: IndexBox Market Intelligence Platform

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