Price for Cereals; Grain Sorghum, Seed in Bulgaria - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Bulgaria (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Bulgaria (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Bulgaria
- Exports of Cereals; Grain Sorghum, Seed in Bulgaria
Price for Cereals; Grain Sorghum, Seed in Bulgaria (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $5,446 per ton, declining by -1.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2013 an increase of 36%. As a result, import price reached the peak level of $5,744 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($5,681 per ton), while the price for France stood at $5,446 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Bulgaria (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $1,748 per ton, shrinking by -10.8% against the previous year. Overall, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 246% against the previous year. Over the period under review, the average export prices hit record highs at $5,185 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($4,913 per ton), while the average price for exports to Greece ($525 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 the UK (+69.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in Bulgaria
In 2022, approx. 65 tons of cereals; grain sorghum, seeds were imported into Bulgaria; approximately reflecting the previous year's figure. Over the period under review, imports saw a abrupt decline.
In value terms, cereals; grain sorghum, seed imports shrank slightly to $355K in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 5.6% against the previous year.
| Import of Cereals; Grain Sorghum, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 288 | 298 | 315 | 349 | 6.6% |
| Romania | 30.4 | 33.6 | N/A | 5.7 | -42.8% |
| Germany | 19.0 | N/A | 31.6 | 0.2 | -78.1% |
| Serbia | 1.9 | 3.7 | N/A | N/A | 94.7% |
| Italy | 83.7 | N/A | 17.9 | N/A | -53.8% |
| Others | 11.5 | 10.6 | N/A | N/A | -7.8% |
| Total | 435 | 346 | 365 | 355 | -6.5% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Bulgaria in 2022:
- France (64.0 tons)
- Romania (1.0 tons)
- Germany (0.1 tons)
Exports of Cereals; Grain Sorghum, Seed in Bulgaria
After two years of decline, shipments abroad of cereals; grain sorghum, seeds increased by 58% to 117 tons in 2022. In general, exports, however, faced a precipitous descent.
In value terms, cereals; grain sorghum, seed exports surged to $205K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.6 | 41.6 | 124 | 156 | 187.0% |
| Austria | N/A | N/A | N/A | 30.7 | 0% |
| Greece | 16.7 | 29.7 | 21.9 | 17.5 | 1.6% |
| United Kingdom | 57.2 | 26.2 | N/A | N/A | -54.2% |
| Others | 30.6 | 13.5 | N/A | N/A | -55.9% |
| Total | 111 | 111 | 145 | 205 | 22.7% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Bulgaria in 2022:
- United Kingdom (undefined tons)
- Austria (51.9 tons)
- Greece (33.4 tons)
- France (31.8 tons)
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