Price for Pectic Substances; Pectinates and Pectates in Bulgaria - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Bulgaria (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Bulgaria (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Bulgaria
- Exports of Pectic Substances; Pectinates and Pectates in Bulgaria
Price for Pectic Substances; Pectinates and Pectates in Bulgaria (CIF) - 2022
In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $11,282 per ton, increasing by 3.5% against the previous year. Over the period under review, the import price, however, showed a mild slump. The pace of growth appeared the most rapid in 2017 an increase of 85%. As a result, import price reached the peak level of $26,268 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($23,700 per ton), while the price for Denmark ($8,755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Bulgaria (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $43,801 per ton in 2022, rising by 13% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 275%. The export price peaked at $104,482 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($58,600 per ton), while the average price for exports to the United States ($14,966 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 Serbia (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Bulgaria
In 2022, pectic substances; pectinates and pectates imports into Bulgaria fell dramatically to 51 tons, shrinking by -47.6% on the previous year's figure. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of 98 tons, and then declined sharply in the following year.
In value terms, pectic substances; pectinates and pectates imports dropped dramatically to $579K in 2022. Overall, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of $1.1M, and then declined dramatically in the following year.
| Import of Pectic Substances; Pectinates and Pectates in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 198 | 99.4 | 109 | 175 | -4.0% |
| Germany | 213 | 123 | 206 | 117 | -18.1% |
| Spain | 43.9 | 67.5 | 106 | 73.5 | 18.7% |
| Poland | 1.1 | 62.3 | 51.1 | 67.7 | 294.8% |
| Greece | 16.1 | 197 | 316 | 50.0 | 45.9% |
| Switzerland | 260 | 135 | 196 | 40.7 | -46.1% |
| Italy | 4.6 | 3.8 | 43.6 | 13.8 | 44.2% |
| Others | 82.9 | 46.9 | 39.5 | 42.1 | -20.2% |
| Total | 820 | 735 | 1,067 | 579 | -11.0% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Bulgaria in 2022:
- Denmark (19.9 tons)
- Germany (10.0 tons)
- Poland (7.0 tons)
- Spain (5.1 tons)
- Greece (4.5 tons)
- Switzerland (2.4 tons)
- Italy (1.1 tons)
Exports of Pectic Substances; Pectinates and Pectates in Bulgaria
After three years of growth, shipments abroad of pectic substances; pectinates and pectateses decreased by -53.3% to 1.9 tons in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 168%.
In value terms, pectic substances; pectinates and pectates exports dropped rapidly to $82K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 155%.
| Export of Pectic Substances; Pectinates and Pectates in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 0.9 | 8.4 | 11.4 | 59.3 | 303.9% |
| North Macedonia | N/A | 3.7 | 9.4 | 9.6 | 61.1% |
| Serbia | N/A | 49.7 | 125 | 9.1 | -57.2% |
| Lithuania | N/A | N/A | N/A | 2.5 | 0% |
| United States | N/A | N/A | 1.9 | 0.9 | -52.6% |
| Hungary | N/A | N/A | 7.6 | N/A | 0% |
| Vietnam | 15.4 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 7.9 | N/A | N/A | 0% |
| Romania | 8.1 | N/A | 0.3 | N/A | -80.8% |
| Others | 3.6 | 1.9 | N/A | 1.1 | -32.6% |
| Total | 28.1 | 71.7 | 156 | 82.3 | 43.1% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Bulgaria in 2022:
- Greece (1031.0 kg)
- North Macedonia (500.0 kg)
- Serbia (155.0 kg)
- Lithuania (100.0 kg)
- United States (59.0 kg)
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