Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria - 2023
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria (CIF) - 2022
In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $6,678 per ton, waning by -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $6,894 per ton in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($14,791 per ton), while the price for Croatia ($6,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria (FOB) - 2022
In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $6,871 per ton, which is down by -54.8% against the previous year. Overall, the export price, however, saw a temperate expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 146%. The export price peaked at $15,203 per ton in 2021, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for Sweden amounted to +13.3% per year.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria
In 2022, approx. 79 tons of crustacean preparations; lobster, prepared or preserveds were imported into Bulgaria; waning by -2.3% against the previous year. Over the period under review, imports continue to indicate a deep slump.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds reduced to $525K in 2022. Overall, imports showed a perceptible slump. The smallest decline of -1.9% was in 2020.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 81.1 | 220 | 127 | 474 | 80.1% |
| Greece | N/A | N/A | N/A | 28.9 | 0% |
| Spain | 7.0 | 4.6 | 3.6 | 19.6 | 40.9% |
| Slovenia | 447 | 357 | 405 | N/A | -4.8% |
| Poland | 49.4 | N/A | N/A | N/A | 0% |
| Others | 9.4 | 1.7 | 18.9 | 2.9 | -32.4% |
| Total | 594 | 583 | 555 | 525 | -4.0% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Bulgaria in 2022:
- Croatia (74.7 tons)
- Greece (2.0 tons)
- Spain (1.8 tons)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria
In 2022, overseas shipments of crustacean preparations; lobster, prepared or preserveds decreased by -28.2% to 13 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. As a result, the exports attained the peak of 48 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds declined remarkably to $87K in 2022. In general, exports saw a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. As a result, the exports attained the peak of $333K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 333 | 83.9 | 86.9 | -48.9% |
| Sweden | N/A | N/A | 27.2 | N/A | 0% |
| Others | 211 | N/A | 157 | N/A | -13.7% |
| Total | 211 | 333 | 268 | 86.9 | -25.6% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Bulgaria in 2022:
- Germany (12.6 tons)
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