Bulgaria - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingDairy Produce Price in Bulgaria - 2023
Contents:
- Dairy Produce Price in Bulgaria (CIF) - 2022
- Dairy Produce Price in Bulgaria (FOB) - 2022
- Dairy Produce Imports in Bulgaria
- Dairy Produce Exports in Bulgaria
Dairy Produce Price in Bulgaria (CIF) - 2022
In 2022, the average dairy produce import price amounted to $2,315 per ton, jumping by 15% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 27%. The import price peaked at $2,470 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,206 per ton), while the price for Hungary ($648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Produce Price in Bulgaria (FOB) - 2022
The average dairy produce export price stood at $3,944 per ton in 2022, surging by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($6,012 per ton), while the average price for exports to Saudi Arabia ($2,818 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 Romania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Produce Imports in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of dairy produce, which increased by 1.7% to 156K tons in 2022. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, dairy produce imports surged to $361M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Dairy Produce in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 67.0 | 76.0 | 87.7 | 99.2 | 14.0% |
| Poland | 50.5 | 45.1 | 50.9 | 65.8 | 9.2% |
| Netherlands | 25.1 | 24.3 | 38.3 | 38.6 | 15.4% |
| Romania | 8.7 | 23.1 | 29.3 | 32.4 | 55.0% |
| Czech Republic | 6.7 | 5.9 | 6.2 | 11.5 | 19.7% |
| Hungary | 2.5 | 7.3 | 8.5 | 10.4 | 60.8% |
| France | 9.1 | 6.9 | 11.9 | 9.7 | 2.2% |
| Greece | 18.5 | 6.4 | 7.0 | 8.4 | -23.1% |
| Serbia | 0.6 | 0.8 | 3.1 | 7.9 | 136.1% |
| Others | 52.4 | 51.7 | 65.1 | 77.3 | 13.8% |
| Total | 241 | 247 | 308 | 361 | 14.4% |
Top Suppliers of Dairy Produce to Bulgaria in 2022:
- Romania (32.2K tons)
- Germany (26.9K tons)
- Poland (24.5K tons)
- Hungary (16.1K tons)
- Netherlands (10.7K tons)
- Czech Republic (10.4K tons)
- Serbia (7.9K tons)
- Greece (4.4K tons)
- France (2.3K tons)
Dairy Produce Exports in Bulgaria
In 2022, the amount of dairy produce exported from Bulgaria contracted to 38K tons, with a decrease of -13.1% on the previous year's figure. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 2.9%.
In value terms, dairy produce exports reached $150M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Dairy Produce in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 42.3 | 34.4 | 36.6 | 36.9 | -4.5% |
| Germany | 15.1 | 18.9 | 22.2 | 18.8 | 7.6% |
| Romania | 11.0 | 12.4 | 16.7 | 18.1 | 18.1% |
| United States | 10.7 | 12.0 | 12.9 | 13.7 | 8.6% |
| United Kingdom | 9.6 | 9.9 | 10.1 | 12.7 | 9.8% |
| Saudi Arabia | 0.7 | 1.5 | 6.4 | 7.3 | 118.5% |
| Spain | 3.3 | 3.4 | 6.9 | 6.7 | 26.6% |
| Australia | 4.3 | 4.8 | 4.1 | 4.7 | 3.0% |
| Lebanon | 5.6 | 4.7 | 2.3 | 4.1 | -9.9% |
| Sweden | 4.7 | 5.1 | 4.2 | 2.8 | -15.9% |
| Austria | 1.5 | 1.5 | 1.7 | 2.2 | 13.6% |
| Cyprus | 3.6 | 2.5 | 1.4 | 0.8 | -39.4% |
| Others | 17.7 | 19.7 | 22.6 | 21.3 | 6.4% |
| Total | 130 | 131 | 148 | 150 | 4.9% |
Top Export Markets for Dairy Produce from Bulgaria in 2022:
- Greece (11.7K tons)
- Romania (6.2K tons)
- Germany (3.3K tons)
- Saudi Arabia (2.6K tons)
- United Kingdom (2.6K tons)
- United States (2.5K tons)
- Spain (1.6K tons)
- Australia (0.9K tons)
- Lebanon (0.7K tons)
- Austria (0.7K tons)
- Sweden (0.5K tons)
- Cyprus (0.4K tons)
This report provides an in-depth analysis of the dairy produce 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 888 - Skim Milk of Cows
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 891 - Yoghurt
- FCL 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
- FCL 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
- FCL 885 - Cream, Fresh
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
- FCL 892 - Yoghurt, Concentrated or Unconcent
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
486
This report provides an in-depth analysis of the dairy produce market in Bulgaria.
375
This report provides an in-depth analysis of the butter and ghee market in Bulgaria.
451
This report provides an in-depth analysis of the ghee market in Bulgaria.
708
This report provides an in-depth analysis of the butter market in Bulgaria.
263
This report provides an in-depth analysis of the market for butter and dairy spreads in Bulgaria.
343
This report provides an in-depth analysis of the dairy spread market in Bulgaria.
920
This report provides an in-depth analysis of the global dairy produce market.
2062
This report provides an in-depth analysis of the global butter and ghee market.
2796
This report provides an in-depth analysis of the global ghee market.
3190
This report provides an in-depth analysis of the global butter market.
7812
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2826
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6320
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6761
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1017
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2765
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
1740
New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
1565
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
891
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
1991
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
