Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria - 2023
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria (CIF) - 2023
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria (FOB) - 2022
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria (CIF) - 2023
In August 2023, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $3,165 per ton, with a decrease of -15.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 64% against the previous month. The import price peaked at $3,965 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($7,119 per ton), while the price for Greece ($2,710 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria (FOB) - 2022
In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $7,542 per ton, declining by -7.1% against the previous year. Overall, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 18%. The export price peaked at $8,116 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($13,934 per ton), while the average price for exports to Cyprus ($2,895 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria
In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds imported into Bulgaria soared to 609 tons, with an increase of 65% compared with 2021. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $1.9M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 543 | 663 | 866 | 1,158 | 28.7% |
| Estonia | N/A | N/A | N/A | 206 | 0% |
| Netherlands | N/A | 31.7 | 86.0 | 119 | 93.8% |
| Greece | N/A | N/A | N/A | 117 | 0% |
| Italy | 0.4 | 16.7 | 50.8 | 107 | 544.3% |
| Poland | N/A | N/A | 42.7 | 84.4 | 97.7% |
| Others | 132 | 49.2 | 115 | 65.7 | -20.8% |
| Total | 675 | 761 | 1,161 | 1,857 | 40.1% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Bulgaria in 2022:
- Spain (428.2 tons)
- Estonia (54.7 tons)
- Greece (52.1 tons)
- Poland (29.7 tons)
- Netherlands (19.2 tons)
- Italy (17.7 tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria
In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds exported from Bulgaria contracted dramatically to 49 tons, reducing by -17.3% against 2021. In general, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds reduced remarkably to $367K in 2022. Overall, exports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 693 | 353 | 419 | 172 | -37.2% |
| Germany | N/A | N/A | N/A | 66.8 | 0% |
| Netherlands | 4.1 | 1.5 | 6.9 | 50.2 | 130.5% |
| Italy | N/A | N/A | 30.6 | 48.2 | 57.5% |
| Cyprus | N/A | N/A | N/A | 29.3 | 0% |
| Spain | 39.8 | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 14.8 | N/A | 0% |
| Others | N/A | N/A | 5.5 | N/A | 0% |
| Total | 737 | 355 | 477 | 367 | -20.7% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Bulgaria in 2022:
- Romania (12.3 tons)
- Germany (10.4 tons)
- Cyprus (10.1 tons)
- Italy (8.3 tons)
- Netherlands (7.4 tons)
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