Price for Plants, Live; Roses, Grafted or Not in Bulgaria - 2023

Contents:

1. Price for Plants, Live; Roses, Grafted or Not in Bulgaria (FOB) - 2022
2. Price for Plants, Live; Roses, Grafted or Not in Bulgaria (CIF) - 2022
3. Exports of Plants, Live; Roses, Grafted or Not in Bulgaria
4. Imports of Plants, Live; Roses, Grafted or Not in Bulgaria

Price for Plants, Live; Roses, Grafted or Not in Bulgaria (FOB) - 2022

The average export price for plants, live; roses, grafted or nots stood at $2.2 per unit in 2022, standing approx. at the previous year. Overall, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 138% against the previous year. Over the period under review, the average export prices attained the maximum at $2.2 per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3.2 per unit), while the average price for exports to Turkey ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Plants, Live; Roses, Grafted or Not in Bulgaria (CIF) - 2022

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $2.2 per unit, with a decrease of -16.6% against the previous year. In general, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 92%. Over the period under review, average import prices attained the maximum at $2.7 per unit in 2021, and then reduced notably in the following year.

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 Denmark ($5.9 per unit), while the price for Moldova ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plants, Live; Roses, Grafted or Not in Bulgaria

In 2022, approx. 691K units of plants, live; roses, grafted or nots were exported from Bulgaria; with a decrease of -8.7% against 2021. Over the period under review, exports recorded a significant curtailment. Over the period under review, the exports of reached the peak figure at 2.4M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plants, live; roses, grafted or nots reduced to $1.5M in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 22%. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Plants, Live; Roses, Grafted or Not from Bulgaria in 2022:

1. Netherlands (315.4K units)
2. Belgium (127.2K units)
3. Poland (90.2K units)
4. Romania (57.6K units)
5. Estonia (51.8K units)
6. Italy (30.3K units)
7. Turkey (1.9K units)

Imports of Plants, Live; Roses, Grafted or Not in Bulgaria

After two years of decline, overseas purchases of plants, live; roses, grafted or nots increased by 29% to 340K units in 2022. Overall, imports, however, showed a abrupt shrinkage. Imports peaked at 598K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of plants, live; roses, grafted or nots stood at $754K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Plants, Live; Roses, Grafted or Not to Bulgaria in 2022:

1. Netherlands (179.3K units)
2. Serbia (75.3K units)
3. Moldova (50.3K units)
4. Germany (27.7K units)

Source: IndexBox Market Intelligence Platform