Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria (CIF) - 2022
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $14,373 per ton in 2022, surging by 6.2% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; octopus, prepared or preserveds increased by +24.6% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 25%. The import price peaked at $15,836 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($32,466 per ton), while the price for Belarus ($8,710 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $35,902 per ton, falling by -6.3% against the previous year. Overall, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2015 an increase of 27%. Over the period under review, the average export prices reached the peak figure at $38,333 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($36,200 per ton), while the average price for exports to Cyprus stood at $35,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+10.4%).
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria
In 2022, imports of mollusc preparations; octopus, prepared or preserveds into Bulgaria skyrocketed to 15 tons, surging by 17% against the previous year. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 154%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds skyrocketed to $212K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 197% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.6 | 31.5 | 35.8 | 69.7 | 387.9% |
| Spain | 56.3 | 1.0 | 54.1 | 66.0 | 5.4% |
| Greece | N/A | 21.3 | 44.9 | 44.9 | 45.2% |
| Germany | 13.9 | 0.9 | 2.8 | 20.4 | 13.6% |
| Belarus | N/A | N/A | 13.0 | 11.0 | -15.4% |
| Indonesia | N/A | N/A | 20.3 | N/A | 0% |
| Portugal | 25.0 | N/A | N/A | N/A | 0% |
| Others | 7.0 | 2.8 | N/A | 0.2 | -69.4% |
| Total | 103 | 57.4 | 171 | 212 | 27.2% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Bulgaria in 2022:
- Italy (5.8 tons)
- Greece (3.8 tons)
- Spain (3.3 tons)
- Belarus (1.3 tons)
- Germany (0.6 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria
In 2022, exports of mollusc preparations; octopus, prepared or preserveds from Bulgaria skyrocketed to 61 kg, jumping by 69% on the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds surged to $2.2K in 2022. Overall, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +58.7% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Romania | 1.4 | 1.3 | -7.1% | ||
| Cyprus | N/A | 0.9 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.4 | 2.2 | 57.1% | ||
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Bulgaria in 2022:
- Romania (35.0 kg)
- Cyprus (26.0 kg)
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