Bulgaria - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCitrus Fruit Price in Bulgaria - 2023
Contents:
- Citrus Fruit Price in Bulgaria (CIF) - 2022
- Citrus Fruit Price in Bulgaria (FOB) - 2022
- Citrus Fruit Imports in Bulgaria
- Citrus Fruit Exports in Bulgaria
Citrus Fruit Price in Bulgaria (CIF) - 2022
The average citrus fruit import price stood at $612 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2017 an increase of 11% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,215 per ton), while the price for Greece ($309 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Citrus Fruit Price in Bulgaria (FOB) - 2022
In 2022, the average citrus fruit export price amounted to $999 per ton, growing by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($1,259 per ton), while the average price for exports to Germany ($794 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 Hungary (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Citrus Fruit Imports in Bulgaria
In 2022, after three years of growth, there was significant decline in supplies from abroad of citrus fruits, when their volume decreased by -7.1% to 128K tons. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of 137K tons, and then dropped in the following year.
In value terms, citrus fruit imports contracted to $78M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.
| Import of Citrus Fruit in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 32.8 | 39.0 | 52.7 | 47.6 | 13.2% |
| Greece | 12.0 | 16.2 | 17.1 | 15.4 | 8.7% |
| Germany | 3.6 | 5.5 | 5.9 | 6.4 | 21.1% |
| Netherlands | 3.0 | 3.7 | 3.4 | 3.9 | 9.1% |
| Others | 6.8 | 6.7 | 4.9 | 4.6 | -12.2% |
| Total | 58.2 | 71.1 | 84.0 | 78.0 | 10.3% |
Top Suppliers of Citrus Fruit to Bulgaria in 2022:
- Turkey (62.4K tons)
- Greece (50.0K tons)
- Germany (6.5K tons)
- Netherlands (3.2K tons)
Citrus Fruit Exports in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in shipments abroad of citrus fruits, which increased by 6.6% to 42K tons in 2022. The total export volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, citrus fruit exports expanded markedly to $42M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Citrus Fruit in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.7 | 5.7 | 11.3 | 18.8 | 48.9% |
| Hungary | 6.1 | 4.5 | 9.7 | 7.3 | 6.2% |
| Romania | 6.1 | 8.6 | 8.3 | 6.8 | 3.7% |
| Czech Republic | 5.2 | 5.7 | 3.9 | 4.3 | -6.1% |
| Germany | 0.3 | 0.8 | 2.0 | 1.7 | 78.3% |
| Belarus | 0.8 | 1.8 | 1.5 | 1.1 | 11.2% |
| Slovakia | 2.1 | 0.7 | 0.2 | 0.8 | -27.5% |
| Lithuania | 0.9 | 0.7 | 0.8 | 0.4 | -23.7% |
| Others | 1.7 | 2.0 | 1.1 | 1.2 | -11.0% |
| Total | 29.0 | 30.5 | 38.7 | 42.4 | 13.5% |
Top Export Markets for Citrus Fruit from Bulgaria in 2022:
- Poland (18.4K tons)
- Hungary (6.9K tons)
- Romania (6.3K tons)
- Czech Republic (5.2K tons)
- Germany (2.2K tons)
- Belarus (0.9K tons)
- Slovakia (0.8K tons)
- Lithuania (0.4K tons)
This report provides an in-depth analysis of the citrus fruit 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 507 - Grapefruit and pomelo
- FCL 497 - Lemons and limes
- FCL 490 - Oranges
- FCL 495 - Tangerines, mandarins, clementines, satsumas
- FCL 512 - Citrus fruit nes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the citrus fruit market in Bulgaria.
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Explore the top import markets for citrus fruit around the world and understand the key players in the global market.
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Except for lemons and limes, the production of major types of citrus fruits grew in 2020 thanks to good weather conditions in most producing regions. Citrus fruit exports and demand indicated gains in all the categories considered.
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The global citrus fruit market revenue amounted to $114.3B in 2018, remaining constant against the previous year. This fig...
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Global citrus fruit consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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In 2015, the countries with the highest levels of citrus fruit production were China (X thousand tons), Nigeria (X thousand tons), Colombia (X thousand tons), together accounting for X% of total output.
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Citrus fruits, loaded with Vitamin C and assorted fibres, are an invaluable addition to a healthy diet. The most commonly consumed citrus fruits are oranges, mandarins, lemons, limes, grapefruits, and pomelos. They are generally grown in subtropical an
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Spain seized control of the citrus fruit market. In 2014, Spain exported X thousand tons of citrus fruits totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its total citrus f
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Grapefruit prices in the U.S. are forecast to keep growing with limited domestic supply and rising fertilizer and logistical costs. Global grapefruit production is set to grow by 4% to 7M tons in 2022 with favourable weather and a larger area in Mexico, South Africa, Turkey and China.
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Global grapefruit consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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Global grapefruit exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
