Price for Flour and Meal; of Potatoes in Bulgaria - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Bulgaria (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Bulgaria (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Bulgaria
4. Exports of Flour and Meal; of Potatoes in Bulgaria

Price for Flour and Meal; of Potatoes in Bulgaria (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $1,340 per ton, growing by 25% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flour and meal; of potatoes import price increased by +13.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Poland ($9,667 per ton), while the price for Italy ($849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+99.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Bulgaria (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $890 per ton in 2022, rising by 299% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 360%. Over the period under review, the average export prices attained the maximum at $942 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($4,298 per ton), while the average price for exports to Romania ($168 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 Greece (+1.7%).

Imports of Flour and Meal; of Potatoes in Bulgaria

In 2022, supplies from abroad of flour and meal; of potatoeses increased by 104% to 147 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt curtailment.

In value terms, flour and meal; of potatoes imports skyrocketed to $197K in 2022. Overall, imports, however, continue to indicate a abrupt downturn.

Top Suppliers of Flour and Meal; of Potatoes to Bulgaria in 2022:

1. Italy (60.7 tons)
2. Netherlands (38.3 tons)
3. Germany (25.8 tons)
4. Belgium (19.4 tons)
5. Hungary (2.7 tons)

Exports of Flour and Meal; of Potatoes in Bulgaria

In 2022, after two years of decline, there was significant growth in overseas shipments of flour and meal; of potatoeses, when their volume increased by 500% to 80 tons. Over the period under review, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes exports skyrocketed to $71K in 2022. In general, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour and Meal; of Potatoes from Bulgaria in 2022:

1. France (43.4 tons)
2. Greece (11.1 tons)
3. Romania (10.1 tons)
4. Serbia (1.5 tons)

Source: IndexBox Market Intelligence Platform