Price for Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria - 2023
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria (CIF) - 2023
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria (FOB) - 2022
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria
- Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria (CIF) - 2023
The average import price for mollusc preparations; mussels, prepared or preserveds stood at $4,322 per ton in September 2023, surging by 13% against the previous month. Over the period under review, the import price showed a modest increase. The growth pace was the most rapid in June 2023 an increase of 181% against the previous month. The import price peaked at $16,884 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From November 2022 to September 2023, the rate of growth in terms of prices for Turkey amounted to +7.9% per month.
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria (FOB) - 2022
The average export price for mollusc preparations; mussels, prepared or preserveds stood at $4,131 per ton in 2022, with an increase of 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2013 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($13,976 per ton), while the average price for exports to Romania stood at $3,061 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.7%).
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria
In 2022, the amount of mollusc preparations; mussels, prepared or preserveds imported into Bulgaria rose slightly to 387 tons, growing by 4% against the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 7.9% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds expanded significantly to $1.4M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 7.4%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 922 | 1,020 | 993 | 989 | 2.4% |
Greece | 74.7 | 108 | 166 | 229 | 45.3% |
Spain | 46.6 | 40.7 | 21.3 | 102 | 29.8% |
Turkey | 0.9 | N/A | 9.4 | 57.4 | 299.5% |
Italy | 107 | 72.0 | 69.6 | 7.6 | -58.6% |
Others | 37.2 | 36.7 | 70.1 | 35.4 | -1.6% |
Total | 1,189 | 1,277 | 1,329 | 1,421 | 6.1% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Bulgaria in 2022:
- Chile (288.6 tons)
- Greece (58.8 tons)
- Spain (27.6 tons)
- Turkey (6.4 tons)
- Italy (0.7 tons)
Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria
Exports of mollusc preparations; mussels, prepared or preserveds from Bulgaria soared to 8 tons in 2022, growing by 1,073% on the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; mussels, prepared or preserveds soared to $33K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Mollusc Preparations; Mussels, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 12.4 | 12.9 | 2.3 | 22.1 | 21.2% |
United Kingdom | N/A | N/A | N/A | 10.4 | 0% |
Others | N/A | 0.3 | N/A | 0.6 | 41.4% |
Total | 12.4 | 13.1 | 2.3 | 33.1 | 38.7% |
Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Bulgaria in 2022:
- Romania (7.2 tons)
- United Kingdom (0.7 tons)
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