Bulgaria - Gingerbread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGingerbread Price in Bulgaria - 2023
Contents:
- Gingerbread Price in Bulgaria (CIF) - 2023
- Gingerbread Price in Bulgaria (FOB) - 2023
- Gingerbread Imports in Bulgaria
- Gingerbread Exports in Bulgaria
Gingerbread Price in Bulgaria (CIF) - 2023
In June 2023, the average gingerbread import price amounted to $2,712 per ton, waning by -3.6% against the previous month. In general, import price indicated a measured increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, gingerbread import price decreased by -3.6% against May 2023 indices. The growth pace was the most rapid in September 2022 an increase of 84% month-to-month. As a result, import price reached the peak level of $3,234 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Serbia ($3,234 per ton), while the price for Belarus ($2,248 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Gingerbread Price in Bulgaria (FOB) - 2023
In June 2023, the average gingerbread export price amounted to $5,411 per ton, dropping by -19.7% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 82% month-to-month. As a result, the export price attained the peak level of $7,207 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In June 2023, the country with the highest price was the UK ($3,957 per ton), while the average price for exports to North Macedonia ($2,656 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Gingerbread Imports in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas purchases of gingerbread, which increased by 52% to 1.2K tons in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, gingerbread imports skyrocketed to $2.6M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.2% 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 +91.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Gingerbread in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 530 | 708 | 990 | 1,508 | 41.7% |
| Germany | 196 | 340 | 332 | 425 | 29.4% |
| Ukraine | 99.1 | 122 | 129 | 347 | 51.9% |
| Czech Republic | 323 | 342 | 170 | 97.9 | -32.8% |
| Netherlands | 56.0 | 72.1 | 39.6 | 47.4 | -5.4% |
| Russia | 38.2 | 31.1 | 53.7 | 39.8 | 1.4% |
| Others | 115 | 71.3 | 136 | 135 | 5.5% |
| Total | 1,357 | 1,686 | 1,850 | 2,600 | 24.2% |
Top Suppliers of Gingerbread to Bulgaria in 2022:
- Poland (743.1 tons)
- Ukraine (221.2 tons)
- Germany (115.1 tons)
- Czech Republic (57.4 tons)
- Russia (20.8 tons)
- Netherlands (16.6 tons)
Gingerbread Exports in Bulgaria
In 2022, approx. 264 tons of gingerbread were exported from Bulgaria; shrinking by -26.8% against the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 361 tons, and then declined notably in the following year.
In value terms, gingerbread exports fell slightly to $1.2M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $1.3M, and then dropped modestly in the following year.
| Export of Gingerbread in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.0 | 185 | 210 | 237 | 61.8% |
| Serbia | 217 | 225 | 258 | 209 | -1.2% |
| Cyprus | 93.7 | 137 | 181 | 130 | 11.5% |
| Romania | 2.2 | 10.4 | 21.3 | 80.3 | 231.7% |
| North Macedonia | 57.5 | 48.5 | 75.6 | 76.2 | 9.8% |
| Greece | 25.6 | 25.2 | 43.3 | 65.4 | 36.7% |
| Belgium | 8.9 | 24.7 | 41.9 | 49.3 | 76.9% |
| Croatia | 0.3 | 42.7 | 37.1 | 45.5 | 433.3% |
| Turkey | 44.9 | 39.4 | 24.7 | 26.9 | -15.7% |
| United States | 12.8 | 23.7 | 32.0 | 24.5 | 24.2% |
| Israel | 15.6 | 4.7 | 10.2 | 9.7 | -14.6% |
| United Kingdom | 66.0 | 86.0 | 290 | N/A | 109.6% |
| Others | 97.5 | 60.6 | 67.7 | 281 | 42.3% |
| Total | 698 | 913 | 1,292 | 1,234 | 20.9% |
Top Export Markets for Gingerbread from Bulgaria in 2022:
- Serbia (65.0 tons)
- North Macedonia (32.3 tons)
- Cyprus (30.9 tons)
- Germany (19.8 tons)
- Greece (17.8 tons)
- Turkey (7.2 tons)
- Romania (6.5 tons)
- Belgium (5.7 tons)
- United States (5.3 tons)
- Israel (3.8 tons)
- Croatia (3.8 tons)
This report provides an in-depth analysis of the gingerbread 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:
- Prodcom 10721230 - Gingerbread and the like
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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