Bulgaria - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPasta Products Price in Bulgaria - 2023
Contents:
- Pasta Products Price in Bulgaria (CIF) - 2023
- Pasta Products Price in Bulgaria (FOB) - 2023
- Pasta Products Imports in Bulgaria
- Pasta Products Exports in Bulgaria
Pasta Products Price in Bulgaria (CIF) - 2023
In August 2023, the average pasta products import price amounted to $2,713 per ton, with a decrease of -23.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 28% month-to-month. As a result, import price attained the peak level of $3,533 per ton, and then fell remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($4,663 per ton), while the price for Serbia ($1,924 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pasta Products Price in Bulgaria (FOB) - 2023
In August 2023, the average pasta products export price amounted to $3,507 per ton, declining by -6.6% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 17% against the previous month. As a result, the export price reached the peak level of $3,840 per ton. From July 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($6,697 per ton), while the average price for exports to Belgium ($1,449 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+86.6%), while the prices for the other major destinations experienced more modest paces of growth.
Pasta Products Imports in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of dried, undried and frozen pasta and pasta products, which increased by 38% to 3K tons in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 41%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, pasta products imports soared to $6.9M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Pasta Products in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 1,235 | 1,716 | 2,454 | 1,507 | 6.9% |
Russia | 225 | 272 | 617 | 1,367 | 82.5% |
Serbia | 188 | 403 | 319 | 683 | 53.7% |
South Korea | 479 | 537 | 431 | 679 | 12.3% |
Turkey | 47.2 | 145 | 120 | 677 | 143.0% |
Austria | 10.3 | 121 | 227 | 524 | 270.5% |
Italy | 227 | 265 | 335 | 449 | 25.5% |
Germany | 91.0 | 102 | 109 | 368 | 59.3% |
Belgium | 83.5 | 48.5 | 82.6 | 93.8 | 4.0% |
Others | 94.6 | 214 | 167 | 525 | 77.0% |
Total | 2,680 | 3,821 | 4,861 | 6,872 | 36.9% |
Top Suppliers of Pasta Products to Bulgaria in 2022:
- Turkey (685.0 tons)
- Ukraine (640.5 tons)
- Russia (540.5 tons)
- Serbia (350.9 tons)
- South Korea (162.1 tons)
- Austria (141.9 tons)
- Germany (115.6 tons)
- Italy (112.5 tons)
- Belgium (46.8 tons)
Pasta Products Exports in Bulgaria
In 2022, pasta products exports from Bulgaria expanded rapidly to 403 tons, growing by 5.8% compared with the year before. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 31%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, pasta products exports expanded markedly to $1.1M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
Export of Pasta Products in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 530 | 674 | 841 | 872 | 18.1% |
Greece | 4.0 | 3.9 | 8.9 | 107 | 199.1% |
Israel | N/A | N/A | 23.5 | 35.3 | 50.2% |
Georgia | N/A | 3.0 | N/A | 19.3 | 153.6% |
Romania | N/A | 88.3 | 8.4 | 1.3 | -87.9% |
Italy | N/A | 34.3 | 5.8 | 0.2 | -92.4% |
Saudi Arabia | 85.5 | N/A | N/A | N/A | 0% |
United Kingdom | 58.6 | 92.4 | 21.9 | N/A | -38.9% |
Others | 41.0 | 80.3 | 107 | 114 | 40.6% |
Total | 719 | 976 | 1,016 | 1,150 | 16.9% |
Top Export Markets for Pasta Products from Bulgaria in 2022:
- Germany (279.4 tons)
- Greece (59.7 tons)
- Georgia (12.9 tons)
- Israel (10.1 tons)
- Romania (0.4 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the pasta products market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the pasta products market in Bulgaria.
This report provides an in-depth analysis of the market for stuffed pasta and couscous in Bulgaria.
This report provides an in-depth analysis of the uncooked pasta market in Bulgaria.
This report provides an in-depth analysis of the couscous market in Bulgaria.
This report provides an in-depth analysis of the market for meat, fish or cheese pasta in Bulgaria.
This report provides an in-depth analysis of the market for uncooked pasta containing eggs in Bulgaria.
This report provides an in-depth analysis of the market for uncooked pasta not containing eggs in Bulgaria.
This report provides an in-depth analysis of the global pasta products market.
This report provides an in-depth analysis of the global market for stuffed pasta and couscous.
This report provides an in-depth analysis of the global uncooked pasta market.
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In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...