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Bulgaria - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in Bulgaria - 2023
Contents:
- Paddy Rice Price in Bulgaria (FOB) - 2023
- Paddy Rice Price in Bulgaria (CIF) - 2022
- Paddy Rice Exports in Bulgaria
- Paddy Rice Imports in Bulgaria
Paddy Rice Price in Bulgaria (FOB) - 2023
The average paddy rice export price stood at $654 per ton in July 2023, with an increase of 17% against the previous month. Overall, export price indicated a slight expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, paddy rice export price decreased by -22.1% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 32% month-to-month. Over the period under review, the average export prices hit record highs at $840 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From July 2022 to July 2023, the rate of growth in terms of prices for Turkey amounted to +5.3% per month.
Paddy Rice Price in Bulgaria (CIF) - 2022
The average paddy rice import price stood at $452 per ton in 2022, with an increase of 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $472 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,126 per ton), while the price for Greece ($444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Paddy Rice Exports in Bulgaria
In 2022, shipments abroad of paddy rice decreased by -6.5% to 23K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2020 when exports increased by 34% against the previous year. As a result, the exports reached the peak of 39K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, paddy rice exports contracted to $13M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $16M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Paddy Rice in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 5.7 | 0% |
Turkey | 9.7 | 16.4 | 13.4 | 4.0 | -25.6% |
Romania | N/A | N/A | 0.1 | 1.8 | 1700.0% |
Ukraine | N/A | N/A | N/A | 1.4 | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 9.7 | 16.4 | 13.6 | 12.8 | 9.7% |
Top Export Markets for Paddy Rice from Bulgaria in 2022:
- Turkey (9.3K tons)
- Italy (8.6K tons)
- Romania (3.1K tons)
- Ukraine (2.3K tons)
Paddy Rice Imports in Bulgaria
In 2022, purchases abroad of paddy rice decreased by -2.2% to 7.8K tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, paddy rice imports surged to $3.5M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51%. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Paddy Rice in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 2.3 | 4.0 | 2.8 | 3.4 | 13.9% |
Others | 0.4 | N/A | 0.2 | 0.1 | -37.0% |
Total | 2.7 | 4.0 | 3.0 | 3.5 | 9.0% |
Top Suppliers of Paddy Rice to Bulgaria in 2022:
- Greece (7.7K tons)
This report provides an in-depth analysis of the paddy rice 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 27 - Rice, paddy
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
This report provides an in-depth analysis of the paddy rice market in Bulgaria.
This report provides an in-depth analysis of the grain market in Bulgaria.
This report provides an in-depth analysis of the rice market in Bulgaria.
This report provides an in-depth analysis of the global paddy rice market.
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