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Bulgaria - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulgaria: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024
Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Bulgaria
The Bulgarian seafood meals and pellets market skyrocketed to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Seafood meals and pellets consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.
Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Bulgaria
In value terms, seafood meals and pellets production surged to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.
Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs
Exports from Bulgaria
After three years of decline, overseas shipments of flours, meals and pellets of fish or of crustaceans and molluscs decreased by X% to X tons in 2023. Over the period under review, exports faced a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, seafood meals and pellets exports totaled $X in 2023. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
Exports by Country
Greece (X tons) was the main destination for seafood meals and pellets exports from Bulgaria, with a approx. X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Greece totaled X%.
From 2012 to 2023, the average annual growth rate of value to Greece stood at X%.
Export Prices by Country
In 2023, the average seafood meals and pellets export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices attained the maximum in 2023 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2023, the rate of growth in terms of prices for Germany amounted to X% per year.
Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs
Imports into Bulgaria
In 2023, overseas purchases of flours, meals and pellets of fish or of crustaceans and molluscs decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.
In value terms, seafood meals and pellets imports skyrocketed to $X in 2023. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Denmark (X tons), Austria (X tons) and Morocco (X tons) were the main suppliers of seafood meals and pellets imports to Bulgaria, with a combined X% share of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Denmark ($X) constituted the largest supplier of flours, meals and pellets of fish or of crustaceans and molluscs to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Denmark totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Morocco (X% per year).
Import Prices by Country
In 2023, the average seafood meals and pellets import price amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (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 market for seafood meals and pellets 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption
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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