Bulgaria - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Frozen Potato Price in Bulgaria - 2023

Contents:

  1. Preserved Frozen Potato Price in Bulgaria (CIF) - 2023
  2. Preserved Frozen Potato Price in Bulgaria (FOB) - 2022
  3. Preserved Frozen Potato Imports in Bulgaria
  4. Preserved Frozen Potato Exports in Bulgaria

Preserved Frozen Potato Price in Bulgaria (CIF) - 2023

In May 2023, the average preserved frozen potato import price amounted to $1,268 per ton, with an increase of 4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.6%. The pace of growth was the most pronounced in August 2022 an increase of 11% month-to-month. The import price peaked in May 2023.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the countries with the highest prices were Germany ($1,552 per ton) and Poland ($1,344 per ton), while the price for Belgium ($1,225 per ton) and the Netherlands ($1,241 per ton) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Frozen Potato Price in Bulgaria (FOB) - 2022

The average preserved frozen potato export price stood at $1,425 per ton in 2022, dropping by -11.1% against the previous year. Overall, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 97% against the previous year. As a result, the export price reached the peak level of $2,525 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 Germany ($5,237 per ton), while the average price for exports to Georgia ($673 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 Greece (+6.5%), while the prices for the other major destinations experienced a decline.

Preserved Frozen Potato Imports in Bulgaria

In 2022, preserved frozen potato imports into Bulgaria surged to 22K tons, picking up by 18% compared with the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved frozen potato imports surged to $20M 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 +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Preserved Frozen Potato in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.44.87.18.811.2%
Poland3.62.53.03.81.8%
Netherlands2.71.11.73.25.8%
Germany1.51.61.62.924.6%
Turkey0.10.1N/A0.458.7%
Others0.20.30.40.535.7%
Total14.510.413.919.610.6%

Top Suppliers of Preserved Frozen Potato to Bulgaria in 2022:

  1. Belgium (10.8K tons)
  2. Netherlands (4.0K tons)
  3. Poland (3.7K tons)
  4. Germany (2.7K tons)
  5. Turkey (0.8K tons)

Preserved Frozen Potato Exports in Bulgaria

For the third year in a row, Bulgaria recorded decline in overseas shipments of frozen potatoes prepared or preserved, which decreased by -48.4% to 156 tons in 2022. Over the period under review, exports showed a sharp reduction. The smallest decline of less than 0.1% was in 2021.

In value terms, preserved frozen potato exports reduced markedly to $222K in 2022. In general, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 24% against the previous year.

Export of Preserved Frozen Potato in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia22965.814.858.8-36.4%
Germany17.440.743.241.433.5%
AzerbaijanN/AN/AN/A23.40%
Greece20.378.859.519.0-2.2%
Bosnia and HerzegovinaN/AN/AN/A18.50%
Romania94.022433212.3-49.2%
GeorgiaN/A11.7N/A12.11.7%
Others10.139.534.536.253.0%
Total371460484222-15.7%

Top Export Markets for Preserved Frozen Potato from Bulgaria in 2022:

  1. North Macedonia (65.3 tons)
  2. Azerbaijan (19.1 tons)
  3. Georgia (18.0 tons)
  4. Bosnia and Herzegovina (17.4 tons)
  5. Greece (9.5 tons)
  6. Romania (8.9 tons)
  7. Germany (7.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved frozen potato 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 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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