Price for Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria - 2023
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria (CIF) - 2023
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria (FOB) - 2022
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria (CIF) - 2023
In March 2023, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $704 per ton, declining by -6.7% against the previous month. Over the period from November 2022 to March 2023, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $788 per ton in January 2023; however, from February 2023 to March 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2023, the country with the highest price was Greece ($923 per ton), while the price for Germany ($667 per ton) was amongst the lowest.
From November 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria (FOB) - 2022
The average export price for vegetables; seed potatoes, fresh or chilleds stood at $1,057 per ton in April 2022, rising by 24% against the previous month. Over the period under review, export price indicated a significant increase from February 2022 to April 2022: its price increased at an average monthly rate of +21.1% over the last two months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2022 figures, export price for vegetables; seed potatoes, fresh or chilleds increased by +46.5% against February 2022 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Greece.
From February 2022 to April 2022, the rate of growth in terms of prices for Greece amounted to +11.6% per month.
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria
After three years of growth, purchases abroad of vegetables; seed potatoes, fresh or chilleds decreased by -9.8% to 1.6K tons in 2022. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 36% against the previous year.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds shrank to $1.1M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 830 | 1,158 | 1,161 | 1,012 | 6.8% |
| Germany | 33.6 | 10.8 | 47.3 | 96.5 | 42.1% |
| Others | 83.1 | 33.2 | 5.7 | 0.2 | -86.6% |
| Total | 947 | 1,202 | 1,215 | 1,109 | 5.4% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Bulgaria in 2022:
- Netherlands (1407.3 tons)
- Germany (160.9 tons)
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria
In 2022, the amount of vegetables; seed potatoes, fresh or chilleds exported from Bulgaria skyrocketed to 348 tons, with an increase of 1,480% compared with the previous year. In general, exports posted 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 vegetables; seed potatoes, fresh or chilleds surged to $306K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Greece | N/A | N/A | 253 | 0% | |
| Iraq | 38.8 | 17.4 | 53.1 | 17.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 38.8 | 17.4 | 306 | 180.8% | |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Bulgaria in 2022:
- Greece (259.6 tons)
- Iraq (88.1 tons)
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