Price for Flour, Meal, and Flakes of Potatoes in Bulgaria - 2023

Contents:

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

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

The average import price for flour, meal, and flakes of potatoeses stood at $1,668 per ton in 2022, rising by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 France ($3,000 per ton), while the price for Italy ($839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $1,012 per ton, increasing by 20% against the previous year. Over the period under review, the export price showed strong growth. The pace of growth was the most pronounced in 2017 an increase of 364%. The export price peaked at $1,483 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 Kosovo ($4,236 per ton), while the average price for exports to Romania ($169 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 the UK (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Flour, Meal, and Flakes of Potatoes in Bulgaria

In 2022, supplies from abroad of flour, meal, and flakes of potatoeses increased by 59% to 428 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible slump.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $714K in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (206.5 tons)
2. Belgium (83.2 tons)
3. Italy (60.7 tons)
4. Netherlands (44.7 tons)
5. Slovenia (10.5 tons)
6. Poland (9.9 tons)
7. Greece (9.5 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Bulgaria

In 2022, overseas shipments of flour, meal, and flakes of potatoeses increased by 1,334% to 90 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses soared to $91K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. France (43.4 tons)
2. United Kingdom (13.7 tons)
3. Greece (11.1 tons)
4. Romania (10.1 tons)
5. Georgia (10.0 tons)
6. Kosovo (1.5 tons)

Source: IndexBox Market Intelligence Platform