Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria (CIF) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria (CIF) - 2023
In September 2023, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $7,266 per ton, growing by 6.9% against the previous month. Over the period under review, the import price recorded a modest increase. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 20% m-o-m. The import price peaked at $7,864 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($15,173 per ton), while the price for Poland ($5,295 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria (FOB) - 2022
In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $3,501 per ton, jumping by 19% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese, blue-veined (not grated, powdered or processed) decreased by -11.3% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum at $5,697 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($8,483 per ton), while the average price for exports to Austria ($3,341 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 (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas purchases of cheese, blue-veined (not grated, powdered or processed), which increased by 20% to 753 tons in 2022. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) surged to $4.7M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 808 | 601 | 654 | 1,338 | 18.3% |
| Denmark | 958 | 675 | 990 | 982 | 0.8% |
| Czech Republic | 491 | 546 | 669 | 660 | 10.4% |
| Italy | 428 | 397 | 429 | 524 | 7.0% |
| Slovakia | 263 | 405 | 487 | 474 | 21.7% |
| Romania | 61.5 | 91.7 | 112 | 166 | 39.2% |
| Poland | 77.2 | 362 | 148 | 146 | 23.7% |
| Others | 75.3 | 133 | 249 | 362 | 68.8% |
| Total | 3,162 | 3,211 | 3,735 | 4,653 | 13.7% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Bulgaria in 2022:
- Germany (244.8 tons)
- Denmark (139.0 tons)
- Czech Republic (120.5 tons)
- Slovakia (82.9 tons)
- Italy (63.5 tons)
- Romania (26.4 tons)
- Poland (26.3 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria
Exports of cheese, blue-veined (not grated, powdered or processed) from Bulgaria surged to 76 tons in 2022, with an increase of 71% on the previous year's figure. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 306% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) soared to $264K in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 232%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 28.5 | 114 | 218 | 176.6% |
| Austria | 2.3 | 5.1 | 13.0 | 23.3 | 116.4% |
| Poland | 1.8 | 1.3 | 1.3 | 9.2 | 72.3% |
| Others | 10.1 | 4.1 | 1.3 | 13.9 | 11.2% |
| Total | 14.2 | 39.0 | 130 | 264 | 164.9% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Bulgaria in 2022:
- Belgium (64.8 tons)
- Austria (7.0 tons)
- Poland (2.2 tons)
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