Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Bulgaria - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Bulgaria (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Bulgaria

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Bulgaria (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $3,169 per ton, surging by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $3,317 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($3,759 per ton), while the price for Spain ($2,589 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Bulgaria

In 2022, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Bulgaria stood at 859 tons, surging by 13% on the year before. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $2.7M in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1,3447668931,5565.0%
Spain2541138551,03459.7%
China160140220125-7.9%
Others98.66.682.76.1-60.4%
Total1,8571,0262,0502,72113.6%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Bulgaria in 2022:

  1. Argentina (414.0 tons)
  2. Spain (399.4 tons)
  3. China (42.9 tons)

Source: IndexBox Market Intelligence Platform

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