Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria - 2023

Contents:

1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria (CIF) - 2022
2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria (FOB) - 2022
3. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria
4. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $16,523 per ton, with an increase of 3.6% against the previous year. In general, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 150%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($19,731 per ton), while the price for Romania ($11,978 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria (FOB) - 2022

In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $37,615 per ton, rising by 734% against the previous year. Over the period under review, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to -5.7% per year.

Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria

In 2022, after two years of decline, there was significant growth in overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume increased by 180% to 9.2 tons. In general, imports, however, saw a sharp slump.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine soared to $153K in 2022. Over the period under review, imports, however, saw a deep setback.

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Bulgaria in 2022:

1. Spain (7.5 tons)
2. Romania (1.4 tons)
3. Greece (0.4 tons)

Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bulgaria

In 2022, overseas shipments of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -97.2% to 200 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 2,133% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine shrank significantly to $7.5K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,450%. As a result, the exports reached the peak of $68K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Bulgaria in 2022:

1. Greece (200.0 kg)

Source: IndexBox Market Intelligence Platform