Broken Rice Price in Bulgaria - 2023
Contents:
- Broken Rice Price in Bulgaria (FOB) - 2022
- Broken Rice Price in Bulgaria (CIF) - 2022
- Broken Rice Exports in Bulgaria
- Broken Rice Imports in Bulgaria
Broken Rice Price in Bulgaria (FOB) - 2022
The average broken rice export price stood at $549 per ton in 2022, rising by 6.5% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice export price increased by +59.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 19%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($608 per ton) and Italy ($596 per ton), while the average price for exports to the Czech Republic ($455 per ton) and Hungary ($499 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Price in Bulgaria (CIF) - 2022
In 2022, the average broken rice import price amounted to $556 per ton, increasing by 40% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice import price increased by +58.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Myanmar ($576 per ton), while the price for Greece ($381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Exports in Bulgaria
Broken rice exports from Bulgaria soared to 3.7K tons in 2022, rising by 168% compared with the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, broken rice exports skyrocketed to $2M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Broken Rice in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 242 | 362 | 441 | 791 | 48.4% |
| Czech Republic | 131 | 113 | 127 | 524 | 58.7% |
| Italy | N/A | N/A | N/A | 411 | 0% |
| Slovakia | N/A | N/A | N/A | 104 | 0% |
| Hungary | 67.0 | 44.1 | 47.6 | 99.4 | 14.1% |
| Others | 64.5 | 11.4 | 85.9 | 75.6 | 5.4% |
| Total | 505 | 531 | 702 | 2,004 | 58.3% |
Top Export Markets for Broken Rice from Bulgaria in 2022:
- Romania (1302.0 tons)
- Czech Republic (1151.5 tons)
- Italy (690.0 tons)
- Hungary (199.2 tons)
- Slovakia (184.0 tons)
Broken Rice Imports in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of broken rice, which increased by 111% to 3.4K tons in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, broken rice imports skyrocketed to $1.9M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Broken Rice in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 113 | 121 | 190 | 1,441 | 133.6% |
| North Macedonia | 11.7 | 124 | 146 | 359 | 213.1% |
| Romania | N/A | N/A | N/A | 87.1 | 0% |
| Greece | 228 | 244 | 167 | 18.4 | -56.8% |
| India | N/A | N/A | 66.2 | N/A | 0% |
| Turkey | N/A | N/A | 65.6 | N/A | 0% |
| Others | 0.9 | N/A | 9.1 | 7.6 | 103.6% |
| Total | 354 | 489 | 644 | 1,912 | 75.5% |
Top Suppliers of Broken Rice to Bulgaria in 2022:
- Myanmar (2500.0 tons)
- North Macedonia (708.6 tons)
- Romania (176.8 tons)
- Greece (48.1 tons)
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