Bulgaria - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Bulgaria - 2023
Contents:
- Quinoa Price in Bulgaria (CIF) - 2022
- Quinoa Price in Bulgaria (FOB) - 2022
- Quinoa Imports in Bulgaria
- Quinoa Exports in Bulgaria
Quinoa Price in Bulgaria (CIF) - 2022
The average quinoa import price stood at $2,002 per ton in 2022, rising by 2.8% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 14%. As a result, import price reached the peak level of $5,230 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Greece ($2,292 per ton) and the Netherlands ($2,188 per ton), while the price for Peru ($1,829 per ton) and India ($1,907 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.4%), while the prices for the other major suppliers experienced a decline.
Quinoa Price in Bulgaria (FOB) - 2022
The average quinoa export price stood at $2,740 per ton in 2022, increasing by 2.5% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of 19%. The export price peaked at $12,390 per ton in 2014; however, from 2015 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 Italy ($4,839 per ton), while the average price for exports to Romania ($2,213 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in Bulgaria
In 2022, quinoa imports into Bulgaria totaled 455 tons, growing by 5.7% compared with 2021. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 7%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, quinoa imports rose significantly to $910K in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Quinoa in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 263 | 499 | 538 | 462 | 20.7% |
| Greece | 72.2 | 149 | 151 | 145 | 26.2% |
| Spain | 426 | 94.3 | 8.4 | 106 | -37.1% |
| India | N/A | 1.1 | N/A | 53.4 | 596.7% |
| Netherlands | 53.2 | 101 | 55.2 | 53.0 | -0.1% |
| Germany | 1.7 | 1.5 | 6.7 | 35.2 | 174.6% |
| Poland | N/A | 9.3 | 44.2 | 20.7 | 49.2% |
| Others | 44.0 | 33.4 | 34.0 | 34.8 | -7.5% |
| Total | 860 | 888 | 838 | 910 | 1.9% |
Top Suppliers of Quinoa to Bulgaria in 2022:
- Peru (252.8 tons)
- Greece (63.4 tons)
- Spain (51.7 tons)
- India (28.0 tons)
- Netherlands (24.2 tons)
- Germany (16.4 tons)
- Poland (9.8 tons)
Quinoa Exports in Bulgaria
In 2022, the amount of quinoa exported from Bulgaria contracted sharply to 108 tons, reducing by -35.9% compared with 2021 figures. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. As a result, the exports attained the peak of 169 tons, and then declined dramatically in the following year.
In value terms, quinoa exports shrank markedly to $297K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of $452K, and then contracted remarkably in the following year.
| Export of Quinoa in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 63.4 | 66.7 | 74.1 | 115 | 22.0% |
| Italy | 40.1 | 73.2 | 59.9 | 54.1 | 10.5% |
| Greece | 201 | 25.0 | 166 | 43.6 | -39.9% |
| Ukraine | 48.2 | 75.0 | 44.1 | 34.2 | -10.8% |
| North Macedonia | 14.0 | 16.1 | 11.3 | 14.6 | 1.4% |
| Georgia | 3.5 | 1.5 | N/A | 5.9 | 19.0% |
| Poland | 14.3 | 4.8 | 6.1 | 1.9 | -49.0% |
| Hungary | 3.1 | 9.7 | 58.6 | 1.2 | -27.1% |
| Others | 49.8 | 41.3 | 31.9 | 26.5 | -19.0% |
| Total | 437 | 313 | 452 | 297 | -12.1% |
Top Export Markets for Quinoa from Bulgaria in 2022:
- Romania (51.8 tons)
- Greece (17.4 tons)
- Ukraine (13.7 tons)
- Italy (11.2 tons)
- North Macedonia (5.3 tons)
- Georgia (1.8 tons)
- Poland (0.9 tons)
- Hungary (0.4 tons)
This report provides an in-depth analysis of the quinoa market 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:
- FCL 92 - Quinoa
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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