Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (CIF) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $12,170 per ton, jumping by 67% against the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 181% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Slovenia ($15,358 per ton), while the price for the Netherlands ($2,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (FOB) - 2022
In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $6,308 per ton, waning by -5% against the previous year. Overall, the export price, however, showed resilient growth. The growth pace was the most rapid in 2013 an increase of 334% against the previous year. The export price peaked at $15,586 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($25,901 per ton), while the average price for exports to the UK ($2,445 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 Romania (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria
For the third consecutive year, Bulgaria recorded decline in purchases abroad of powdered sweetened milk and cream of fat weight content over 1.5%, which decreased by -1.1% to 26 tons in 2022. Over the period under review, imports saw a dramatic shrinkage.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% surged to $320K in 2022. Overall, imports faced a sharp decline.
Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | N/A | N/A | 82.0 | 258 | 214.6% |
Romania | 101 | 61.6 | 18.7 | 49.4 | -21.2% |
France | N/A | 5.7 | N/A | 5.2 | -4.5% |
Greece | N/A | 0.6 | 91.1 | 4.8 | 182.8% |
Netherlands | 12.7 | 92.4 | 0.9 | 2.0 | -46.0% |
Hungary | 39.9 | N/A | N/A | N/A | 0% |
Germany | 28.7 | 237 | N/A | N/A | 725.8% |
Poland | 737 | 362 | N/A | N/A | -50.9% |
Estonia | N/A | 55.0 | N/A | N/A | 0% |
Others | 948 | 2.3 | 0.7 | 0.6 | -91.4% |
Total | 1,868 | 816 | 194 | 320 | -44.5% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Bulgaria in 2022:
- Slovenia (16.8 tons)
- Romania (6.3 tons)
- Greece (1.1 tons)
- France (1.1 tons)
- Netherlands (0.9 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria
In 2022, approx. 4.6 tons of powdered sweetened milk and cream of fat weight content over 1.5% were exported from Bulgaria; reducing by -65.1% on 2021 figures. Overall, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 388%. As a result, the exports attained the peak of 13 tons, and then plummeted in the following year.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% fell significantly to $29K in 2022. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 239% against the previous year. As a result, the exports reached the peak of $87K, and then reduced sharply in the following year.
Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | N/A | N/A | N/A | 25.8 | 0% |
Romania | 37.0 | 21.5 | 5.1 | 1.8 | -63.5% |
Cyprus | 1.7 | 3.7 | N/A | 0.5 | -33.5% |
United Kingdom | N/A | N/A | 1.8 | 0.4 | -77.8% |
Greece | N/A | N/A | 78.8 | N/A | 0% |
Others | 38.8 | 0.4 | 1.0 | 0.2 | -82.7% |
Total | 77.5 | 25.6 | 86.7 | 28.8 | -28.1% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Bulgaria in 2022:
- Ukraine (4270.0 kg)
- United Kingdom (164.0 kg)
- Romania (71.0 kg)
- Cyprus (32.0 kg)
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