Price for Cereal Flours; Other than of Wheat or Meslin in Bulgaria - 2023

Contents:

1. Price for Cereal Flours; Other than of Wheat or Meslin in Bulgaria (FOB) - 2023
2. Price for Cereal Flours; Other than of Wheat or Meslin in Bulgaria (CIF) - 2022
3. Exports of Cereal Flours; Other than of Wheat or Meslin in Bulgaria
4. Imports of Cereal Flours; Other than of Wheat or Meslin in Bulgaria

Price for Cereal Flours; Other than of Wheat or Meslin in Bulgaria (FOB) - 2023

In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $2,021 per ton, growing by 140% against the previous month. Over the period under review, the export price recorded a prominent increase. The export price peaked at $2,316 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was North Macedonia ($3,292 per ton), while the average price for exports to the UK totaled $1,849 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in Bulgaria (CIF) - 2022

The average import price for cereal flours; other than of wheat or meslin stood at $576 per ton in 2022, shrinking by -7.2% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 26%. The import price peaked at $874 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Austria ($980 per ton), while the price for Romania ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+1.7%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Flours; Other than of Wheat or Meslin in Bulgaria

In 2022, approx. 3.2K tons of cereal flours; other than of wheat or meslin were exported from Bulgaria; growing by 545% against the year before. 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 cereal flours; other than of wheat or meslin skyrocketed to $2.4M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Bulgaria in 2022:

1. France (1286.7 tons)
2. Netherlands (832.0 tons)
3. Germany (485.0 tons)
4. Croatia (261.6 tons)
5. Belgium (256.3 tons)
6. Greece (64.7 tons)

Imports of Cereal Flours; Other than of Wheat or Meslin in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in overseas purchases of cereal flours; other than of wheat or meslin, which increased by 55% to 1.4K tons in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal flours; other than of wheat or meslin surged to $795K in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Bulgaria in 2022:

1. Romania (678.9 tons)
2. Greece (328.1 tons)
3. Germany (100.5 tons)
4. Italy (97.2 tons)
5. Portugal (69.2 tons)
6. Austria (26.7 tons)
7. United Kingdom (2.3 tons)

Source: IndexBox Market Intelligence Platform