Bulgaria - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bulgaria - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights

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Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria - 2023

Contents:

  1. Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria (CIF) - 2022
  2. Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria (FOB) - 2022
  3. Imports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria
  4. Exports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria

Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria (CIF) - 2022

In 2022, the average import price for tree, flower and other seeds, fruits and spores for sowing amounted to $3,267 per ton, flattening at the previous year. Overall, the import price, however, saw a deep slump. The pace of growth was the most pronounced in 2016 an increase of 32% against the previous year. The import price peaked at $10,826 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($19,802 per ton), while the price for Ukraine ($1,193 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria (FOB) - 2022

In 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $3,859 per ton, picking up by 1.7% against the previous year. Over the period under review, the export price showed a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 215%. Over the period under review, the average export prices reached the maximum at $4,435 per ton in 2017; however, from 2018 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 Romania ($4,450 per ton), while the average price for exports to Lithuania ($1,395 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 Germany (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria

In 2022, supplies from abroad of tree, flower and other seeds, fruits and spores for sowing decreased by -50.2% to 190 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 103%.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing dropped dramatically to $621K in 2022. Over the period under review, imports saw a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 38%.

Import of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece19.914.239.711981.5%
Italy10.1282525104117.6%
Austria41.482.213270.519.4%
Germany14.310.181.053.154.9%
Brazil57.074.562.647.9-5.6%
Poland13.493.542.946.651.5%
Hungary28215417.138.8-48.4%
Ukraine13.119.357.427.427.9%
Netherlands27.939.582.18.0-34.1%
IndiaN/AN/A69.20.1-99.9%
Denmark134143N/AN/A6.7%
Others163156129106-13.4%
Total7761,0691,238621-7.2%

Top Suppliers of Tree, Flower and Other Seeds, Fruits and Spores for Sowing to Bulgaria in 2022:

  1. Austria (51.0 tons)
  2. Italy (45.8 tons)
  3. Greece (28.3 tons)
  4. Ukraine (23.0 tons)
  5. Germany (16.2 tons)
  6. Poland (6.8 tons)
  7. Brazil (6.2 tons)
  8. Hungary (2.2 tons)
  9. Netherlands (1.8 tons)

Exports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria

In 2022, overseas shipments of tree, flower and other seeds, fruits and spores for sowing decreased by -33.5% to 101 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 79% against the previous year. As a result, the exports reached the peak of 187 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing declined sharply to $391K in 2022. Over the period under review, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 131%. As a result, the exports attained the peak of $579K, and then dropped markedly in the following year.

Export of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania27850.94182830.6%
GreeceN/A18.022.048.263.6%
LithuaniaN/A0.4N/A32.1795.8%
Germany12.048.736.0N/A73.2%
JordanN/A51.8N/AN/A0%
Iran140N/A66.3N/A-31.2%
Others17.180.835.927.417.0%
Total447251579391-4.4%

Top Export Markets for Tree, Flower and Other Seeds, Fruits and Spores for Sowing from Bulgaria in 2022:

  1. Romania (63.7 tons)
  2. Lithuania (23.0 tons)
  3. Greece (11.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Bulgaria

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Bulgaria
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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    Event
    Global Palm Kernel Market - Indonesia Remains the Key Producing Country
    Jul 19, 2018
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    From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at X thousand tons or X million USD. 

    Which Country Consumes the Most Palm Kernels in the World?
    Feb 9, 2018
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    Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.

    Which Country Produces the Most Palm Kernels in the World?
    Nov 20, 2017
    Eye 1563

    In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.

    Which Country Produces the Most Palm Oil in the World?
    Nov 20, 2017
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    In 2015, the countries with the highest levels of palm oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.

    Indonesia’s Palm Kernel Exports Surged 18% in 2014
    Aug 25, 2015
    Eye 1440

    Indonesia dominates in the global palm kernel trade. In 2014, Indonesia exported X thousand tons of palm kernels totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total pal

    Global Palm Kernel Market - Indonesia Remains the Key Producing Country
    Jul 19, 2018
    Eye 1984

    From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at X thousand tons or X million USD. 

    Which Country Consumes the Most Palm Kernels in the World?
    Feb 9, 2018
    Eye 1111

    Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.

    Which Country Produces the Most Palm Kernels in the World?
    Nov 20, 2017
    Eye 1563

    In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.

    Which Country Produces the Most Palm Oil in the World?
    Nov 20, 2017
    Eye 1861

    In 2015, the countries with the highest levels of palm oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.

    Indonesia’s Palm Kernel Exports Surged 18% in 2014
    Aug 25, 2015
    Eye 1440

    Indonesia dominates in the global palm kernel trade. In 2014, Indonesia exported X thousand tons of palm kernels totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total pal

    Free Data: Tree, flower and other seeds, fruits and spores for sowing - Bulgaria