Bulgaria - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in Bulgaria - 2023
Contents:
- Dry Vegetable Price in Bulgaria (CIF) - 2023
- Dry Vegetable Price in Bulgaria (FOB) - 2022
- Dry Vegetable Imports in Bulgaria
- Dry Vegetable Exports in Bulgaria
Dry Vegetable Price in Bulgaria (CIF) - 2023
In August 2023, the average dry vegetable import price amounted to $2,050 per ton, growing by 9.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in December 2022 an increase of 36% against the previous month. As a result, import price attained the peak level of $2,559 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($4,494 per ton), while the price for Egypt ($1,414 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Vegetable Price in Bulgaria (FOB) - 2022
In 2022, the average dry vegetable export price amounted to $2,396 per ton, picking up by 71% against the previous year. Over the period under review, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 138% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5,250 per ton), while the average price for exports to Romania ($685 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 Croatia (+50.9%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Imports in Bulgaria
In 2022, purchases abroad of dry vegetables decreased by -23.5% to 2.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 44%. As a result, imports reached the peak of 8.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, dry vegetable imports expanded slightly to $5.5M in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 5.5%. As a result, imports reached the peak of $7.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Dry Vegetable in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 502 | 306 | 225 | 1,325 | 38.2% |
| India | 976 | 971 | 259 | 1,084 | 3.6% |
| China | 356 | 612 | 158 | 928 | 37.6% |
| Italy | 444 | 466 | 130 | 642 | 13.1% |
| Austria | 149 | 182 | 69.3 | 371 | 35.5% |
| Greece | 1,347 | 717 | 89.2 | 226 | -44.8% |
| Egypt | 122 | 227 | 48.3 | 162 | 9.9% |
| Germany | 1,526 | 60.1 | 49.6 | 107 | -58.8% |
| Romania | 829 | 2,717 | 1,702 | 31.4 | -66.4% |
| Hungary | 68.8 | 556 | 2,425 | 26.7 | -27.1% |
| Others | 629 | 513 | 114 | 572 | -3.1% |
| Total | 6,948 | 7,328 | 5,270 | 5,473 | -7.6% |
Top Suppliers of Dry Vegetable to Bulgaria in 2022:
- Poland (1199.9 tons)
- India (496.5 tons)
- China (381.0 tons)
- Italy (295.4 tons)
- Germany (110.7 tons)
- Egypt (104.2 tons)
- Austria (93.3 tons)
- Greece (58.9 tons)
- Romania (35.8 tons)
- Hungary (11.6 tons)
Dry Vegetable Exports in Bulgaria
Dry vegetable exports from Bulgaria dropped rapidly to 672 tons in 2022, reducing by -57.3% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 2.1%.
In value terms, dry vegetable exports dropped dramatically to $1.6M in 2022. In general, exports faced a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 56%.
| Export of Dry Vegetable in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 719 | 317 | 654 | 587 | -6.5% |
| Croatia | N/A | N/A | 0.5 | 197 | 39300.0% |
| Greece | 162 | 71.7 | 216 | 183 | 4.1% |
| Romania | 90.5 | 583 | 622 | 95.7 | 1.9% |
| North Macedonia | 28.5 | 54.4 | 114 | 69.6 | 34.7% |
| Germany | 3.3 | 6.7 | 47.1 | 39.6 | 128.9% |
| Czech Republic | N/A | 8.5 | 0.9 | 28.9 | 84.4% |
| Spain | 9,497 | 1.4 | 1.1 | 6.0 | -91.4% |
| Italy | 4,769 | 36.4 | 60.5 | 5.9 | -89.3% |
| Portugal | 16,615 | N/A | 2.0 | 1.0 | -96.1% |
| Others | 183 | 336 | 488 | 395 | 29.2% |
| Total | 32,067 | 1,416 | 2,205 | 1,609 | -63.1% |
Top Export Markets for Dry Vegetable from Bulgaria in 2022:
- Portugal (undefined tons)
- Greece (215.1 tons)
- Romania (139.6 tons)
- Japan (111.9 tons)
- Croatia (100.2 tons)
- North Macedonia (29.4 tons)
- Germany (15.9 tons)
- Czech Republic (12.5 tons)
- Italy (2.6 tons)
- Spain (0.4 tons)
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
-
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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