Bulgaria - Fresh Bread and Miscellaneous Bakery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh Bread and Miscellaneous Bakery in Bulgaria - 2023
Contents:
- Price for Fresh Bread and Miscellaneous Bakery in Bulgaria (FOB) - 2023
- Price for Fresh Bread and Miscellaneous Bakery in Bulgaria (CIF) - 2023
- Exports of Fresh Bread and Miscellaneous Bakery in Bulgaria
- Imports of Fresh Bread and Miscellaneous Bakery in Bulgaria
Price for Fresh Bread and Miscellaneous Bakery in Bulgaria (FOB) - 2023
The average export price for fresh bread and miscellaneous bakery stood at $3,248 per ton in June 2023, approximately reflecting the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 13% month-to-month. The export price peaked in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($5,239 per ton), while the average price for exports to Romania ($2,031 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh Bread and Miscellaneous Bakery in Bulgaria (CIF) - 2023
The average import price for fresh bread and miscellaneous bakery stood at $3,503 per ton in June 2023, picking up by 2.3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 9% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,268 per ton), while the price for Serbia ($1,738 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh Bread and Miscellaneous Bakery in Bulgaria
Fresh bread and miscellaneous bakery exports from Bulgaria dropped to 56K tons in 2022, waning by -5.5% on the previous year. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, the exports reached the peak of 60K tons, and then declined in the following year.
In value terms, fresh bread and miscellaneous bakery exports reached $148M in 2022. The total export value increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Fresh Bread and Miscellaneous Bakery in Bulgaria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 24.8 | 24.0 | 28.5 | 27.3 | 3.3% |
Serbia | 8.9 | 10.3 | 13.9 | 16.0 | 21.6% |
Greece | 14.1 | 14.2 | 17.1 | 15.5 | 3.2% |
United States | 4.6 | 6.0 | 8.1 | 10.8 | 32.9% |
Albania | 4.6 | 5.6 | 7.6 | 7.7 | 18.7% |
Germany | 2.7 | 4.0 | 6.4 | 6.9 | 36.7% |
North Macedonia | 4.4 | 4.3 | 6.4 | 6.6 | 14.5% |
Hungary | 4.9 | 4.6 | 6.4 | 6.4 | 9.3% |
Bosnia and Herzegovina | 5.5 | 5.1 | 5.8 | 6.3 | 4.6% |
Netherlands | 4.1 | 3.9 | 3.8 | 4.0 | -0.8% |
Cyprus | 4.0 | 4.1 | 4.0 | 3.6 | -3.5% |
Croatia | 4.8 | 4.3 | 4.6 | 3.3 | -11.7% |
Slovakia | 1.2 | 1.7 | 2.1 | 1.9 | 16.6% |
Others | 32.6 | 25.0 | 31.4 | 32.1 | -0.5% |
Total | 121 | 117 | 146 | 148 | 6.9% |
Top Export Markets for Fresh Bread and Miscellaneous Bakery from Bulgaria in 2022:
- Romania (14.3K tons)
- Greece (6.9K tons)
- Serbia (5.6K tons)
- United States (3.3K tons)
- Germany (3.0K tons)
- North Macedonia (2.5K tons)
- Albania (2.4K tons)
- Bosnia and Herzegovina (1.7K tons)
- Croatia (1.7K tons)
- Hungary (1.7K tons)
- Netherlands (1.1K tons)
- Cyprus (0.9K tons)
- Slovakia (0.9K tons)
Imports of Fresh Bread and Miscellaneous Bakery in Bulgaria
In 2022, fresh bread and miscellaneous bakery imports into Bulgaria skyrocketed to 45K tons, rising by 19% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, fresh bread and miscellaneous bakery imports skyrocketed to $124M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Fresh Bread and Miscellaneous Bakery in Bulgaria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 20.3 | 19.0 | 22.7 | 26.2 | 8.9% |
Germany | 13.6 | 15.1 | 19.6 | 25.6 | 23.5% |
Greece | 7.8 | 5.5 | 8.6 | 14.7 | 23.5% |
Poland | 8.3 | 7.4 | 12.6 | 14.5 | 20.4% |
Italy | 3.1 | 4.2 | 6.6 | 7.4 | 33.6% |
Turkey | 3.6 | 3.9 | 5.4 | 7.1 | 25.4% |
Serbia | 1.1 | 1.2 | 1.9 | 4.7 | 62.3% |
Czech Republic | 2.8 | 2.3 | 2.9 | 4.5 | 17.1% |
France | 0.9 | 1.0 | 2.2 | 3.1 | 51.0% |
Belgium | 1.9 | 2.0 | 2.8 | 2.8 | 13.8% |
Hungary | 2.5 | 1.9 | 2.4 | 2.4 | -1.4% |
North Macedonia | 2.9 | 1.7 | 1.5 | 2.1 | -10.2% |
Others | 6.2 | 6.0 | 9.3 | 9.3 | 14.5% |
Total | 75.0 | 71.3 | 98.6 | 124 | 18.2% |
Top Suppliers of Fresh Bread and Miscellaneous Bakery to Bulgaria in 2022:
- Romania (10.8K tons)
- Germany (8.1K tons)
- Greece (5.7K tons)
- Poland (4.9K tons)
- Serbia (3.3K tons)
- Turkey (2.8K tons)
- Italy (1.7K tons)
- Czech Republic (1.6K tons)
- North Macedonia (0.9K tons)
- France (0.9K tons)
- Hungary (0.9K tons)
- Belgium (0.8K tons)
This report provides an in-depth analysis of the market for fresh bread and miscellaneous bakery 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 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
- Prodcom 10711200 - Cake and pastry products, other bakers
- Prodcom 10721910 - Matzos
- Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
- Prodcom 10721950 - Savoury or salted extruded or expanded products
- Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)
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 market for fresh bread and miscellaneous bakery in Bulgaria.
This report provides an in-depth analysis of the bread and bakery market in Bulgaria.
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This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Bulgaria.
This report provides an in-depth analysis of the sweet biscuit market in Bulgaria.
This report provides an in-depth analysis of the market for rusks and toasted bread in Bulgaria.
This report provides an in-depth analysis of the gingerbread market in Bulgaria.
This report provides an in-depth analysis of the crispbread market in Bulgaria.
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in Bulgaria.
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