Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Bulgaria - 2023
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria (CIF) - 2023
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria (CIF) - 2023
The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $2,217 per ton in November 2023, dropping by -29.2% against the previous month. Over the period under review, the import price, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in October 2023 an increase of 225% month-to-month. As a result, import price attained the peak level of $3,133 per ton, and then declined sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($2,931 per ton), while the price for North Macedonia ($1,287 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Greece (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria (FOB) - 2022
The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,876 per ton in 2022, with an increase of 3.8% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by +129.1% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,381 per ton), while the average price for exports to Greece ($1,049 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 (+2.1%), while the prices for the other major destinations experienced a decline.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria
In 2022, purchases abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -45% to 872 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia dropped notably to $1.1M in 2022. Over the period under review, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of $2.3M, and then declined markedly in the following year.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1.1 | 1.6 | 2.3 | 1.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 1.6 | 2.3 | 1.1 | 0.0% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Bulgaria in 2022:
- Greece (858.4 tons)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria
After three years of growth, overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -15.1% to 50 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 107%. As a result, the exports reached the peak of 59 tons, and then declined markedly in the following year.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced to $94K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 119%. As a result, the exports reached the peak of $106K, and then fell in the following year.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 20.7 | 63.0 | 62.7 | 140.6% |
| Greece | 21.0 | 10.1 | 17.0 | 14.6 | -11.4% |
| Belgium | 2.0 | 4.5 | 8.3 | 6.9 | 51.1% |
| Netherlands | 1.3 | 5.6 | 4.6 | 5.6 | 62.7% |
| France | N/A | N/A | N/A | 1.2 | 0% |
| Ireland | N/A | 4.8 | 11.9 | 1.2 | -50.0% |
| Austria | N/A | 2.8 | 1.7 | 0.8 | -46.5% |
| Others | N/A | N/A | N/A | 1.0 | 0% |
| Total | 28.7 | 48.5 | 106 | 93.9 | 48.5% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Bulgaria in 2022:
- Germany (26.3 tons)
- Greece (13.9 tons)
- Belgium (4.0 tons)
- Netherlands (3.6 tons)
- France (0.8 tons)
- Austria (0.4 tons)
- Ireland (0.4 tons)
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