Cereals; Rye, Seed Price in Bulgaria - 2023
Contents:
Cereals; Rye, Seed Price in Bulgaria (CIF) - 2022
In 2022, the average cereals; rye, seed import price amounted to $556 per ton, shrinking by -21.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. As a result, import price reached the peak level of $707 per ton, and then contracted significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($601 per ton), while the price for Greece ($223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.0%), while the prices for the other major suppliers experienced a decline.
Cereals; Rye, Seed Imports in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas purchases of cereals; rye, seeds, when their volume decreased by -15.2% to 36 tons. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. As a result, imports attained the peak of 42 tons, and then plummeted in the following year.
In value terms, cereals; rye, seed imports dropped sharply to $20K in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 200% against the previous year. As a result, imports attained the peak of $30K, and then dropped markedly in the following year.
| Import of Cereals; Rye, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1.4 | 6.2 | 27.7 | 17.4 | 131.6% |
| Romania | 2.8 | 3.8 | 2.3 | 1.9 | -12.1% |
| Greece | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Czech Republic | 1.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 6.1 | 10.0 | 30.0 | 20.0 | 48.6% |
Top Suppliers of Cereals; Rye, Seed to Bulgaria in 2022:
- Austria (28.9 tons)
- Romania (4.7 tons)
- Greece (2.1 tons)
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