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Bulgaria - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulgaria: Dry Vegetable Market 2024
Dry Vegetable Market Size in Bulgaria
The Bulgarian dry vegetable market surged to $X in 2023, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.
Dry Vegetable Exports
Exports from Bulgaria
In 2023, dry vegetable exports from Bulgaria skyrocketed to X tons, jumping by X% compared with 2022. Overall, exports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, dry vegetable exports soared to $X in 2023. Over the period under review, exports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
Greece (X tons) was the main destination for dry vegetable exports from Bulgaria, accounting for a X% share of total exports. Moreover, dry vegetable exports to Greece exceeded the volume sent to the second major destination, Romania (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2022, the average annual growth rate of volume to Greece stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Japan (X% per year).
In value terms, Japan ($X) remains the key foreign market for dry vegetables exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Croatia ($X), with a X% share of total exports. It was followed by Greece, with an X% share.
From 2012 to 2022, the average annual growth rate of value to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Greece (X% per year).
Export Prices by Country
The average dry vegetable export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Greece ($X 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 Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Imports
Imports into Bulgaria
In 2023, overseas purchases of dry vegetables increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Overall, imports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.
In value terms, dry vegetable imports skyrocketed to $X in 2023. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.
Imports by Country
In 2022, Poland (X tons) constituted the largest dry vegetable supplier to Bulgaria, accounting for a X% share of total imports. Moreover, dry vegetable imports from Poland exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.
From 2012 to 2022, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).
In value terms, Poland ($X), India ($X) and China ($X) were the largest dry vegetable suppliers to Bulgaria, with a combined X% share of total imports. Italy, Austria, Greece, Egypt, Germany and Romania lagged somewhat behind, together accounting for a further X%.
Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average dry vegetable import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the dry vegetable 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:
- FCL 469 - Vegetables, Dehydrated
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
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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
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