Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria (FOB) - 2023
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria
  4. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria (FOB) - 2023

The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $10,703 per ton in October 2023, shrinking by -4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in December 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices reached the peak figure at $11,902 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was Sweden ($11,627 per ton), while the average price for exports to Germany amounted to $9,234 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $8,539 per ton, jumping by 323% against the previous year. Overall, the import price saw a buoyant expansion. 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 Belgium ($13,930 per ton), while the price for Sweden stood at $8,169 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria

In 2022, the amount of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s exported from Bulgaria surged to 482 tons, with an increase of 53% against the previous year. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 185% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $4.4M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 224% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1632,7862,5792,554150.2%
GermanyN/AN/AN/A1,7190%
Netherlands36.91.160.095.937.5%
PolandN/AN/A4.939.2700.0%
LithuaniaN/AN/AN/A17.30%
Ireland675N/AN/AN/A0%
South AfricaN/AN/A16.9N/A0%
OthersN/A51.09.73.8-72.7%
Total8752,8382,6704,42971.7%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Bulgaria in 2022:

  1. Sweden (257.0 tons)
  2. Germany (184.3 tons)
  3. Lithuania (16.3 tons)
  4. Netherlands (14.7 tons)
  5. Poland (8.3 tons)

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria

In 2022, supplies from abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -66.7% to 8.7 tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 594% against the previous year. As a result, imports reached the peak of 40 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s soared to $74K in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 127%. As a result, imports attained the peak of $76K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A31.466.1110.5%
Belgium17.79.110.77.8-23.9%
SpainN/AN/A4.2N/A0%
Germany9.30.76.2N/A-18.4%
NetherlandsN/A66.4N/AN/A0%
Others6.5N/AN/A0.1-75.1%
Total33.576.152.574.030.2%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Bulgaria in 2022:

  1. Sweden (8.1 tons)
  2. Belgium (0.6 tons)

Source: IndexBox Market Intelligence Platform

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