Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria - 2023

Contents:

  1. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria (CIF) - 2023
  2. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria (FOB) - 2023
  3. Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria
  4. Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria (CIF) - 2023

In September 2023, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $346 per ton, dropping by -17.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 64% month-to-month. As a result, import price attained the peak level of $615 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Belgium ($428 per ton), while the price for Greece ($163 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria (FOB) - 2023

In October 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $631 per ton, with an increase of 106% against the previous month. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 297% m-o-m. Over the period under review, the average export prices hit record highs at $1,612 per ton in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Greece amounted to +2.7% per month.

Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria

In 2022, the amount of vegetables; potatoes (other than seed), fresh or chilleds imported into Bulgaria rose to 48K tons, growing by 4.7% on the previous year's figure. In general, imports, however, continue to indicate a perceptible setback.

In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $14M in 2022. Over the period under review, imports, however, continue to indicate a perceptible setback.

Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.13.85.36.0-0.5%
Germany3.42.72.43.72.9%
Greece2.21.00.71.1-20.6%
Czech RepublicN/AN/A0.11.0900.0%
Belgium0.2N/AN/A0.535.7%
Netherlands0.60.30.30.3-20.6%
Poland0.80.8N/A0.2-37.0%
Austria0.20.30.10.20.0%
Turkey0.10.10.1N/A0.0%
Others0.90.50.50.5-17.8%
Total14.49.59.513.6-1.9%

Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Bulgaria in 2022:

  1. France (21.6K tons)
  2. Germany (13.8K tons)
  3. Greece (5.5K tons)
  4. Czech Republic (1.8K tons)
  5. Belgium (1.6K tons)
  6. Poland (0.9K tons)
  7. Austria (0.9K tons)
  8. Netherlands (0.6K tons)
  9. Turkey (0.1K tons)

Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria

In 2022, exports of vegetables; potatoes (other than seed), fresh or chilleds from Bulgaria expanded remarkably to 2.8K tons, picking up by 9.6% on 2021 figures. In general, exports, however, saw a abrupt contraction.

In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds rose notably to $764K in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump.

Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece748532484566-8.9%
Romania181173210131-10.2%
SerbiaN/AN/AN/A32.20%
Others9.816.121.934.852.6%
Total939721716764-6.6%

Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Bulgaria in 2022:

  1. Greece (2575.5 tons)
  2. Romania (91.9 tons)
  3. Serbia (91.6 tons)

Source: IndexBox Market Intelligence Platform

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