Frozen Strawberries Price in Bulgaria - 2023
Contents:
- Frozen Strawberries Price in Bulgaria (FOB) - 2023
- Frozen Strawberries Price in Bulgaria (CIF) - 2023
- Frozen Strawberries Exports in Bulgaria
- Frozen Strawberries Imports in Bulgaria
Frozen Strawberries Price in Bulgaria (FOB) - 2023
The average frozen strawberries export price stood at $2,963 per ton in June 2023, falling by -5.8% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 72% month-to-month. Over the period under review, the average export prices hit record highs at $3,772 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Austria ($3,155 per ton), while the average price for exports to Poland ($1,615 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Price in Bulgaria (CIF) - 2023
In June 2023, the average frozen strawberries import price amounted to $2,459 per ton, jumping by 67% against the previous month. In general, the import price continues to indicate a perceptible expansion. The growth pace was the most rapid in December 2022 when the average import price increased by 86% against the previous month. As a result, import price attained the peak level of $4,822 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($5,004 per ton), while the price for Egypt ($1,240 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Exports in Bulgaria
In 2022, overseas shipments of frozen strawberrieses decreased by -5.2% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year.
In value terms, frozen strawberries exports contracted to $4.4M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year.
Export of Frozen Strawberries in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,241 | 2,617 | 2,678 | 2,273 | 22.4% |
France | 717 | 516 | 983 | 935 | 9.3% |
Poland | 157 | 9.2 | 287 | 364 | 32.4% |
Austria | 75.6 | 88.5 | 155 | 332 | 63.8% |
Netherlands | 260 | 196 | 139 | 189 | -10.1% |
Hungary | N/A | 55.7 | 38.6 | 94.9 | 30.5% |
Germany | 45.3 | 314 | 388 | 63.5 | 11.9% |
United Kingdom | 70.0 | 165 | 5.1 | N/A | -73.0% |
Others | 216 | 246 | 187 | 151 | -11.2% |
Total | 2,783 | 4,209 | 4,861 | 4,402 | 16.5% |
Top Export Markets for Frozen Strawberries from Bulgaria in 2022:
- Italy (762.7 tons)
- France (433.0 tons)
- Poland (122.9 tons)
- Austria (114.5 tons)
- Netherlands (101.4 tons)
- Hungary (100.0 tons)
- Germany (30.8 tons)
Frozen Strawberries Imports in Bulgaria
After three years of growth, purchases abroad of frozen strawberrieses decreased by -19.4% to 1.1K tons in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 145% against the previous year.
In value terms, frozen strawberries imports fell to $2.4M in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 198% against the previous year.
Import of Frozen Strawberries in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 62.1 | 133 | 584 | 757 | 130.1% |
Turkey | 1.0 | 87.6 | 590 | 450 | 666.3% |
Egypt | 262 | 591 | 660 | 403 | 15.4% |
Germany | 40.8 | 243 | 362 | 315 | 97.6% |
France | 137 | 201 | 226 | 255 | 23.0% |
Austria | N/A | 264 | 91.6 | N/A | -65.3% |
Others | 41.7 | 104 | 74.9 | 178 | 62.2% |
Total | 544 | 1,622 | 2,587 | 2,357 | 63.0% |
Top Suppliers of Frozen Strawberries to Bulgaria in 2022:
- Poland (413.9 tons)
- Egypt (364.0 tons)
- Turkey (184.3 tons)
- Germany (98.2 tons)
- France (19.4 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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