Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $7,679 per ton, with an increase of 6.8% against the previous year. Overall, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 143%. The import price peaked at $54,887 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($48,942 per ton), while the price for Germany ($2,171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+98.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria (FOB) - 2022

In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $166 per ton, falling by -99.8% against the previous year. In general, the export price showed a sharp shrinkage. The export price peaked at $91,545 per ton in 2021, and then fell significantly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($200 per ton), while the average price for exports to Chile ($136 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-87.1%).

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria

In 2022, overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -35.1% to 37 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 134% against the previous year.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped dramatically to $283K in 2022. In general, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by 16%.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary96.090.589.686.7-3.3%
Sweden18410393.278.1-24.8%
Germany4.112814954.3136.6%
Czech Republic2.88.211.423.3102.6%
Netherlands1.90.332.120.0119.2%
PolandN/A6.811.010.423.7%
Others12.514.121.69.8-7.8%
Total302351408283-2.1%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Bulgaria in 2022:

  1. Germany (25.0 tons)
  2. Netherlands (3.3 tons)
  3. Sweden (3.2 tons)
  4. Czech Republic (2.5 tons)
  5. Hungary (1.8 tons)
  6. Poland (0.7 tons)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria

After two years of decline, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -49.2% to 151 kg in 2022. Overall, exports showed a deep slump.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped notably to $25 in 2022. In general, exports faced a significant decrease.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/AN/A0%
GreeceN/AN/AN/AN/A0%
Denmark7.0N/AN/AN/A0%
Netherlands5.8N/A27.2N/A116.6%
OthersN/AN/AN/AN/A0%
Total12.8N/A27.2N/A45.8%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Bulgaria in 2022:

  1. Greece (101.0 kg)
  2. Chile (44.0 kg)
  3. Netherlands (5.0 kg)

Source: IndexBox Market Intelligence Platform

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