![Report Bulgaria - Olive Oil and Its Fractions - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/bulgaria-olive-oil-and-its-fractions-market-analysis-forecast-size-trends-and-insights.webp)
Bulgaria - Olive Oil and Its Fractions - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBulgaria: Olive Oil Market 2024
Olive Oil Market Size in Bulgaria
In 2023, the Bulgarian olive oil market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, recorded strong growth. Olive oil consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Olive Oil Exports
Exports from Bulgaria
In 2023, approx. X tons of olive oil and its fractions were exported from Bulgaria; which is down by X% against 2022. Over the period under review, exports, however, recorded a slight increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.
In value terms, olive oil exports shrank sharply to $X in 2023. In general, exports, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
Exports by Country
Iran (X tons) was the main destination for olive oil exports from Bulgaria, with a X% share of total exports. Moreover, olive oil exports to Iran exceeded the volume sent to the second major destination, Armenia (X tons), sevenfold. The third position in this ranking was held by Georgia (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Georgia (X% per year).
In value terms, Iran ($X) remains the key foreign market for olive oil and its fractions exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Armenia ($X), with a X% share of total exports. It was followed by Georgia, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Georgia (X% per year).
Export Prices by Country
The average olive oil export price stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the export price posted a moderate increase. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.
Olive Oil Imports
Imports into Bulgaria
In 2023, purchases abroad of olive oil and its fractions decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, olive oil imports contracted sharply to $X in 2023. In general, imports, however, continue to indicate a tangible expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Romania (X tons) constituted the largest supplier of olive oil to Bulgaria, accounting for a X% share of total imports. Moreover, olive oil imports from Romania exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Hungary (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2023, the average annual growth rate of volume from Romania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Hungary (X% per year).
In value terms, the largest olive oil suppliers to Bulgaria were Italy ($X), Greece ($X) and Romania ($X), together comprising X% of total imports. Spain, Hungary and Germany lagged somewhat behind, together comprising a further X%.
Among the main suppliers, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average olive oil import price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price recorded a pronounced descent. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.
From 2012 to 2023, 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 olive oil 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 261 - Oil of Olives, Virgin
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the olive oil market in Asia.
This report provides an in-depth analysis of the olive oil market in the U.S..
This report provides an in-depth analysis of the olive oil market in China.
This report provides an in-depth analysis of the olive oil market in the EU.
This report provides an in-depth analysis of the global olive oil market.