Bulgaria - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMango and Mangosteen Price in Bulgaria - 2023
Contents:
- Mango and Mangosteen Price in Bulgaria (CIF) - 2023
- Mango and Mangosteen Price in Bulgaria (FOB) - 2022
- Mango and Mangosteen Imports in Bulgaria
- Mango and Mangosteen Exports in Bulgaria
Mango and Mangosteen Price in Bulgaria (CIF) - 2023
The average mango and mangosteen import price stood at $3,162 per ton in August 2023, growing by 39% against the previous month. Over the period under review, import price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, mango and mangosteen import price decreased by -7.5% against June 2023 indices. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 72% against the previous month. The import price peaked at $3,419 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sri Lanka ($8,516 per ton), while the price for Greece ($1,707 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 Hungary (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Mango and Mangosteen Price in Bulgaria (FOB) - 2022
In 2022, the average mango and mangosteen export price amounted to $4,630 per ton, with a decrease of -10.3% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 652% against the previous year. As a result, the export price attained the peak level of $20,000 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($22,715 per ton), while the average price for exports to Luxembourg ($2,328 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 Switzerland (+2.0%), while the prices for the other major destinations experienced a decline.
Mango and Mangosteen Imports in Bulgaria
In 2022, imports of mangoes, mangosteens and guavas into Bulgaria soared to 761 tons, picking up by 29% compared with 2021 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, mango and mangosteen imports skyrocketed to $1.8M in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Mango and Mangosteen in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 447 | 609 | 997 | 1,130 | 36.2% |
Spain | 112 | 181 | 206 | 283 | 36.2% |
Hungary | 4.5 | 30.3 | 52.9 | 81.9 | 163.0% |
Czech Republic | 16.7 | 43.9 | 148 | 71.0 | 62.0% |
Greece | 22.0 | 17.0 | 24.2 | 65.0 | 43.5% |
Italy | 1.8 | 2.0 | 1.7 | 46.7 | 196.0% |
Thailand | 1.4 | N/A | 1.7 | 29.9 | 177.4% |
Slovakia | 101 | 81.7 | N/A | N/A | -19.1% |
Others | 68.7 | 70.6 | 101 | 82.1 | 6.1% |
Total | 775 | 1,035 | 1,533 | 1,790 | 32.2% |
Top Suppliers of Mango and Mangosteen to Bulgaria in 2022:
- Netherlands (522.0 tons)
- Spain (75.3 tons)
- Hungary (52.0 tons)
- Greece (36.7 tons)
- Czech Republic (31.1 tons)
- Thailand (18.2 tons)
- Italy (16.1 tons)
Mango and Mangosteen Exports in Bulgaria
In 2022, after three years of growth, there was significant decline in shipments abroad of mangoes, mangosteens and guavas, when their volume decreased by -16.4% to 27 tons. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, the exports attained the peak of 33 tons, and then reduced notably in the following year.
In value terms, mango and mangosteen exports shrank remarkably to $126K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, the exports reached the peak of $168K, and then contracted markedly in the following year.
Export of Mango and Mangosteen in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.2 | 28.5 | 52.1 | 43.5 | 74.4% |
Romania | 23.5 | 56.3 | 92.1 | 38.9 | 18.3% |
Luxembourg | N/A | N/A | 3.4 | 23.5 | 591.2% |
Switzerland | 51.3 | 21.1 | 15.3 | 7.1 | -48.3% |
Spain | 0.6 | N/A | N/A | 5.8 | 113.0% |
France | N/A | N/A | 1.2 | 1.9 | 58.3% |
Others | 2.4 | 2.8 | 4.4 | 5.6 | 32.6% |
Total | 86.0 | 109 | 168 | 126 | 13.6% |
Top Export Markets for Mango and Mangosteen from Bulgaria in 2022:
- Romania (11.0 tons)
- Luxembourg (10.1 tons)
- Germany (3.6 tons)
- Spain (1.1 tons)
- France (0.7 tons)
- Switzerland (0.3 tons)
This report provides an in-depth analysis of the mango and mangosteen 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 571 - Mangoes
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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