Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria - 2023

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria (FOB) - 2022
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria (CIF) - 2022
3. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria
4. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $4,100 per ton, growing by 32% against the previous year. Over the period under review, the export price, however, faced a deep reduction. The growth pace was the most rapid in 2019 an increase of 158% against the previous year. The export price peaked at $15,288 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,986 per ton), while the average price for exports to the UK ($2,364 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+12.2%), while the prices for the other major destinations experienced a decline.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria (CIF) - 2022

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,521 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 71% against the previous year. The import price peaked at $2,359 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the UK ($1,948 per ton), while the price for Romania ($638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria

In 2022, after three years of growth, there was significant decline in shipments abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713, when their volume decreased by -76.5% to 9.8 tons. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 478%. As a result, the exports attained the peak of 42 tons, and then declined notably in the following year.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 shrank rapidly to $40K in 2022. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 79% against the previous year.

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Bulgaria in 2022:

1. Germany (7.0 tons)
2. Romania (1.5 tons)
3. United Kingdom (0.3 tons)
4. United Arab Emirates (0.1 tons)

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bulgaria

In 2022, after three years of growth, there was significant decline in purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713, when their volume decreased by -27.4% to 24 tons. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 137% against the previous year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 reduced dramatically to $37K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 96%.

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Bulgaria in 2022:

1. Turkey (18.2 tons)
2. Belgium (3.0 tons)
3. Romania (1.7 tons)
4. United Kingdom (0.4 tons)

Source: IndexBox Market Intelligence Platform