Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria - 2023

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,646 per ton in 2022, rising by 9.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $1,699 per ton. From 2018 to 2022, the average import prices remained at a 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 the Netherlands ($2,100 per ton), while the price for Greece ($1,101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $846 per ton, with a decrease of -50.7% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in 2013 an increase of 17%. As a result, the export price attained the peak level of $3,125 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +12.2% per year.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas purchases of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, when their volume decreased by -47.8% to 271 tons. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 164% against the previous year. As a result, imports attained the peak of 520 tons, and then reduced sharply in the following year.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell fell markedly to $446K in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 162% against the previous year. As a result, imports attained the peak of $782K, and then contracted dramatically in the following year.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Bulgaria in 2022:

1. Egypt (95.9 tons)
2. United States (85.8 tons)
3. Turkey (82.7 tons)
4. Greece (6.1 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bulgaria

After three years of growth, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -96.3% to 1.5 tons in 2022. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 646%.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell declined sharply to $1.3K in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 707%.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Bulgaria in 2022:

1. North Macedonia (1.5 tons)

Source: IndexBox Market Intelligence Platform