Price for Cereal Flour; of Maize (Corn) in Bulgaria - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Bulgaria (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Bulgaria (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Bulgaria
- Exports of Cereal Flour; of Maize (Corn) in Bulgaria
Price for Cereal Flour; of Maize (Corn) in Bulgaria (CIF) - 2022
In 2022, the average import price for cereal flour; of maize (corn) amounted to $454 per ton, surging by 5.8% against the previous year. Overall, the import price, however, recorded a mild reduction. The pace of growth was the most pronounced in 2020 an increase of 9.1%. The import price peaked at $548 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 France ($879 per ton), while the price for Romania ($364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.3%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Flour; of Maize (Corn) in Bulgaria (FOB) - 2022
The average export price for cereal flour; of maize (corn) stood at $766 per ton in 2022, increasing by 98% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,120 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($812 per ton), while the average price for exports to Croatia ($210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Flour; of Maize (Corn) in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in purchases abroad of cereal flour; of maize (corn), which increased by 83% to 1.1K tons in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereal flour; of maize (corn) imports skyrocketed to $477K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Flour; of Maize (Corn) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 66.6 | 70.2 | 101 | 247 | 54.8% |
| Greece | 82.0 | 99.4 | 93.6 | 131 | 16.9% |
| Italy | 12.2 | 39.5 | 47.1 | 69.0 | 78.2% |
| France | N/A | 6.2 | N/A | 16.9 | 65.1% |
| Others | 3.4 | 5.5 | 5.0 | 12.9 | 56.0% |
| Total | 164 | 221 | 246 | 477 | 42.7% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Bulgaria in 2022:
- Romania (678.9 tons)
- Greece (243.1 tons)
- Italy (91.4 tons)
- France (19.2 tons)
Exports of Cereal Flour; of Maize (Corn) in Bulgaria
In 2022, cereal flour; of maize (corn) exports from Bulgaria skyrocketed to 2.7K tons, increasing by 1,326% compared with 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereal flour; of maize (corn) exports soared to $2.1M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flour; of Maize (Corn) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 941 | 0% |
| France | N/A | N/A | 1.7 | 606 | 35547.1% |
| Netherlands | N/A | N/A | N/A | 485 | 0% |
| Croatia | N/A | N/A | N/A | 21.5 | 0% |
| Greece | 84.1 | 226 | 69.5 | 6.2 | -58.1% |
| Others | 1.4 | 2.3 | 1.9 | 5.4 | 56.8% |
| Total | 85.5 | 229 | 73.1 | 2,065 | 189.1% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Bulgaria in 2022:
- Germany (1172.8 tons)
- France (805.6 tons)
- Netherlands (598.0 tons)
- Croatia (102.5 tons)
- Greece (9.4 tons)
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This report provides an in-depth analysis of the cereal flour market in Bulgaria.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
