Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,882 per ton, declining by -2.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 8.5% m-o-m. As a result, import price attained the peak level of $6,991 per ton. From December 2022 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($6,075 per ton), while the price for Turkey ($3,793 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $7,663 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 114%. The export price peaked at $11,109 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($11,388 per ton), while the average price for exports to Hungary ($6,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+68.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas purchases of nuts, edible; cashew nuts, shelled, fresh or drieds, which increased by 2.4% to 1.8K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.0% 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 +81.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds expanded slightly to $12M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.8 | 5.0 | 6.2 | 7.9 | 18.1% |
| Germany | 0.3 | 0.7 | 0.7 | 1.0 | 49.4% |
| Cote d'Ivoire | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Netherlands | 0.5 | 1.2 | 1.1 | 0.6 | 6.3% |
| Greece | 0.8 | 1.0 | 1.9 | 0.6 | -9.1% |
| Mozambique | N/A | 0.1 | 0.6 | 0.6 | 144.9% |
| Spain | N/A | N/A | 0.1 | 0.3 | 200.0% |
| United Kingdom | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Turkey | 0.4 | 0.2 | 0.5 | N/A | 11.8% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 7.3 | 8.4 | 11.8 | 12.0 | 18.0% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Bulgaria in 2022:
- Vietnam (1188.0 tons)
- Cote d'Ivoire (144.4 tons)
- Germany (131.4 tons)
- Greece (111.9 tons)
- Netherlands (93.0 tons)
- Mozambique (88.5 tons)
- Spain (48.2 tons)
- Turkey (0.1 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria
In 2022, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -4.6% to 89 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 246%.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds declined to $679K in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 140% against the previous year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 8.9 | 33.5 | 181 | 351 | 240.4% |
| Germany | 114 | 133 | 150 | 129 | 4.2% |
| Greece | N/A | 89.4 | 176 | 66.1 | -14.0% |
| Czech Republic | N/A | N/A | 8.9 | 54.2 | 509.0% |
| Hungary | N/A | N/A | 18.4 | 32.9 | 78.8% |
| Switzerland | 33.0 | 45.4 | 19.0 | 18.5 | -17.5% |
| Bosnia and Herzegovina | 14.1 | N/A | 81.1 | N/A | 139.8% |
| Others | 16.9 | 147 | 75.8 | 26.9 | 16.8% |
| Total | 187 | 448 | 710 | 679 | 53.7% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Bulgaria in 2022:
- Romania (50.9 tons)
- Germany (11.3 tons)
- Greece (8.9 tons)
- Czech Republic (8.0 tons)
- Hungary (5.0 tons)
- Switzerland (1.1 tons)
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