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Bulgaria - Fish Fillets (Dried, Salted Or In Brine, But Not Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Fish Fillet Price in Bulgaria - 2023
Contents:
- Preserved Fish Fillet Price in Bulgaria (FOB) - 2023
- Preserved Fish Fillet Price in Bulgaria (CIF) - 2022
- Preserved Fish Fillet Exports in Bulgaria
- Preserved Fish Fillet Imports in Bulgaria
Preserved Fish Fillet Price in Bulgaria (FOB) - 2023
In June 2023, the average preserved fish fillet export price amounted to $5,727 per ton, rising by 1.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in October 2022 an increase of 11% month-to-month. The export price peaked at $5,742 per ton in January 2023; afterwards, it flattened through to June 2023.
As there is only one major export destination, the average price level is determined by prices for Romania.
From June 2022 to June 2023, the rate of growth in terms of prices for Romania amounted to +1.5% per month.
Preserved Fish Fillet Price in Bulgaria (CIF) - 2022
The average preserved fish fillet import price stood at $10,073 per ton in 2022, growing by 14% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 128% against the previous year. Over the period under review, average import prices hit record highs at $17,655 per ton in 2020; however, from 2021 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 Romania ($14,381 per ton), while the price for Lithuania ($1,415 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 more modest paces of growth.
Preserved Fish Fillet Exports in Bulgaria
In 2022, after three years of growth, there was significant decline in shipments abroad of fish fillets (dried, salted or in brine, but not smoked), when their volume decreased by -36.9% to 373 tons. Overall, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 591 tons, and then reduced rapidly in the following year.
In value terms, preserved fish fillet exports contracted rapidly to $1.6M in 2022. Over the period under review, exports recorded a mild decline. The most prominent rate of growth was recorded in 2020 when exports increased by 34%.
Export of Preserved Fish Fillet in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 1.5 | 2.1 | 2.8 | 1.6 | 2.2% |
Sweden | 0.2 | 0.1 | N/A | N/A | -50.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.7 | 2.2 | 2.8 | 1.6 | -2.0% |
Top Export Markets for Preserved Fish Fillet from Bulgaria in 2022:
- Romania (372.5 tons)
Preserved Fish Fillet Imports in Bulgaria
In 2022, the amount of fish fillets (dried, salted or in brine, but not smoked) imported into Bulgaria expanded markedly to 38 tons, rising by 10% compared with the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 178% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, preserved fish fillet imports soared to $379K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 91%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Preserved Fish Fillet in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 90.9 | 171 | 212 | 294 | 47.9% |
Poland | N/A | N/A | N/A | 58.4 | 0% |
Belarus | 3.2 | 11.8 | 34.4 | 13.9 | 63.2% |
Sweden | 4.8 | N/A | 20.6 | 5.8 | 6.5% |
Lithuania | 12.7 | 8.6 | 24.9 | 4.7 | -28.2% |
Czech Republic | N/A | 23.2 | 8.0 | 2.2 | -69.2% |
Others | 1.5 | 1.8 | 1.8 | N/A | 9.5% |
Total | 113 | 217 | 301 | 379 | 49.7% |
Top Suppliers of Preserved Fish Fillet to Bulgaria in 2022:
- Romania (20.5 tons)
- Poland (10.5 tons)
- Lithuania (3.3 tons)
- Sweden (1.9 tons)
- Belarus (1.1 tons)
- Czech Republic (0.4 tons)
This report provides an in-depth analysis of the preserved fish fillet 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:
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
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
- 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 VOLUME AND VALUE
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
- 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
- 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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