Price for Vegetable Saps and Extracts; Opium in Bulgaria - 2023

Price for Vegetable Saps and Extracts; Opium in Bulgaria (CIF) - 2022

The average import price for vegetable saps and extracts; opia stood at $17,600 per ton in 2022, with an increase of 5.7% against the previous year. Over the period under review, the import price saw mild growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,350% against the previous year. As a result, import price reached the peak level of $231,600 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +7.7% per year.

Imports of Vegetable Saps and Extracts; Opium in Bulgaria

In 2022, supplies from abroad of vegetable saps and extracts; opia decreased by -81.2% to 900 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 814% against the previous year. As a result, imports attained the peak of 4.8 tons, and then shrank sharply in the following year.

In value terms, vegetable saps and extracts; opium imports plummeted to $16K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 868%. As a result, imports reached the peak of $80K, and then contracted remarkably in the following year.