Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria - 2023

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria (CIF) - 2022
  2. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria (FOB) - 2022
  3. Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria
  4. Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria

Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria (CIF) - 2022

The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $11,776 per ton in 2022, surging by 2.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. The import price peaked at $12,071 per ton in 2012; however, from 2013 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 Netherlands ($36,923 per ton), while the price for Greece ($7,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria (FOB) - 2022

In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $13,000 per ton, remaining constant against the previous year. In general, the export price recorded modest growth. The growth pace was the most rapid in 2019 when the average export price increased by 23% against the previous year. The export price peaked in 2022 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to +2.4% per year.

Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria

Imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into Bulgaria reduced notably to 23 tons in 2022, falling by -34% on the year before. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of 35 tons, and then declined sharply in the following year.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds reduced remarkably to $270K in 2022. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $400K, and then declined remarkably in the following year.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands31.139.781.484.439.5%
Greece75.792.217683.83.4%
Spain35.11.051.782.833.1%
Italy0.91.4N/A16.1161.5%
Czech Republic40.632.535.22.5-60.5%
Romania14111655.4N/A-37.3%
Others2.3N/A0.4N/A-58.3%
Total327282400270-6.2%

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Bulgaria in 2022:

  1. Greece (11.5 tons)
  2. Spain (7.9 tons)
  3. Netherlands (2.3 tons)
  4. Italy (1.1 tons)
  5. Czech Republic (0.2 tons)

Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria

In 2022, overseas shipments of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by 0% to 2 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2020.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds totaled $26 in 2022. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of 99.9% was in 2020.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Bulgaria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A26.00%
Greece962N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total962N/AN/A26.0-70.0%

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Bulgaria in 2022:

  1. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Molluscs; octopus (octopus spp.), live, fresh or chilled - Bulgaria