Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria (CIF) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria (FOB) - 2022
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria (CIF) - 2023
In October 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,537 per ton, growing by 9.2% against the previous month. Over the period under review, import price indicated a notable increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -8.4% against July 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 22% month-to-month. Over the period under review, average import prices hit record highs at $1,677 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($3,292 per ton), while the price for Moldova ($1,082 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria (FOB) - 2022
In 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $2,506 per ton, picking up by 22% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,758 per ton), while the average price for exports to Hungary ($776 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 Serbia (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria
Imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into Bulgaria expanded notably to 29K tons in 2022, with an increase of 15% compared with the previous year. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen surged to $25M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.3 | 3.2 | 3.5 | 4.7 | 12.5% |
| Greece | 2.6 | 3.1 | 3.2 | 3.5 | 10.4% |
| Belgium | 3.4 | 2.1 | 2.6 | 3.1 | -3.0% |
| Netherlands | 1.1 | 1.2 | 1.7 | 1.9 | 20.0% |
| Turkey | N/A | 0.3 | 0.9 | 1.8 | 144.9% |
| Moldova | 1.0 | 0.6 | 0.7 | 1.6 | 17.0% |
| Germany | 1.2 | 1.2 | 1.5 | 1.5 | 7.7% |
| Hungary | 1.1 | 0.5 | 1.2 | 1.2 | 2.9% |
| Serbia | 1.5 | 1.0 | 1.0 | 0.9 | -15.7% |
| Portugal | N/A | 0.3 | 0.4 | 0.7 | 52.8% |
| Croatia | N/A | N/A | N/A | 0.7 | 0% |
| Spain | 1.2 | 1.0 | 0.9 | 0.7 | -16.4% |
| France | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Others | 1.5 | 2.2 | 1.8 | 2.3 | 15.3% |
| Total | 18.6 | 17.0 | 19.7 | 25.1 | 10.5% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Bulgaria in 2022:
- Germany (5.8K tons)
- Poland (4.7K tons)
- Greece (3.8K tons)
- Belgium (3.3K tons)
- Moldova (1.8K tons)
- Netherlands (1.6K tons)
- Turkey (1.4K tons)
- Hungary (1.2K tons)
- France (1.2K tons)
- Portugal (1.0K tons)
- Croatia (1.0K tons)
- Serbia (0.9K tons)
- Spain (0.9K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria
For the third year in a row, Bulgaria recorded decline in shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, which decreased by -13% to 7K tons in 2022. Overall, exports saw a deep slump. The smallest decline of -1% was in 2021.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen rose significantly to $18M in 2022. Over the period under review, exports showed a perceptible reduction.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.3 | 7.7 | 5.8 | 5.9 | -10.8% |
| Greece | 6.3 | 6.1 | 5.6 | 4.8 | -8.7% |
| France | 0.2 | 0.5 | 0.2 | 1.3 | 86.6% |
| Germany | 0.7 | 1.1 | 2.0 | 0.9 | 8.7% |
| Hungary | N/A | 0.4 | 0.2 | 0.8 | 41.4% |
| Spain | 0.4 | 0.2 | 0.4 | 0.7 | 20.5% |
| Serbia | 0.2 | 0.2 | 0.1 | 0.5 | 35.7% |
| South Korea | 0.3 | 0.4 | 0.3 | 0.5 | 18.6% |
| Romania | 1.0 | 0.7 | 0.6 | 0.4 | -26.3% |
| Poland | 0.3 | 0.4 | 0.7 | 0.3 | 0.0% |
| Belgium | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Others | 0.8 | 1.1 | 0.6 | 1.2 | 14.5% |
| Total | 19.1 | 19.0 | 16.5 | 17.6 | -2.7% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Bulgaria in 2022:
- Greece (2434.8 tons)
- Hungary (1070.1 tons)
- Italy (981.3 tons)
- Germany (665.8 tons)
- Romania (315.9 tons)
- Poland (242.2 tons)
- South Korea (233.6 tons)
- Spain (162.6 tons)
- Serbia (157.1 tons)
- France (143.3 tons)
- Belgium (116.9 tons)
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