Frozen Tilapia Fillets Price in Bulgaria - 2023
Contents:
Frozen Tilapia Fillets Price in Bulgaria (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $4,881 per ton, picking up by 59% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen tilapia fillets import price increased by +96.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,440 per ton), while the price for Greece ($1,131 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Tilapia Fillets Imports in Bulgaria
In 2022, approx. 279 tons of frozen tilapia fillets were imported into Bulgaria; growing by 259% compared with the previous year's figure. Over the period under review, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapia fillets imports soared to $1.4M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Tilapia Fillets in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 305 | 390 | 205 | 1,076 | 52.2% |
Belgium | 43.4 | 13.3 | 15.6 | 127 | 43.0% |
Poland | 110 | 96.6 | N/A | 124 | 4.1% |
Netherlands | 91.2 | 21.3 | 5.8 | 7.6 | -56.3% |
Others | 4.4 | N/A | 12.7 | 28.3 | 86.0% |
Total | 555 | 521 | 239 | 1,363 | 34.9% |
Top Suppliers of Frozen Tilapia Fillets to Bulgaria in 2022:
- China (228.5 tons)
- Poland (26.7 tons)
- Belgium (17.0 tons)
- Netherlands (1.8 tons)
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