Bulgaria - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Peas Price in Bulgaria - 2023
Contents:
- Preserved Peas Price in Bulgaria (CIF) - 2023
- Preserved Peas Price in Bulgaria (FOB) - 2022
- Preserved Peas Imports in Bulgaria
- Preserved Peas Exports in Bulgaria
Preserved Peas Price in Bulgaria (CIF) - 2023
The average preserved peas import price stood at $1,147 per ton in August 2023, waning by -17.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in November 2022 an increase of 22% against the previous month. Over the period under review, average import prices reached the peak figure at $1,389 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($1,954 per ton), while the price for Italy ($976 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 Germany (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Peas Price in Bulgaria (FOB) - 2022
In 2022, the average preserved peas export price amounted to $1,628 per ton, rising by 30% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2021 an increase of 55%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Greece ($1,929 per ton) and Iraq ($1,814 per ton), while the average price for exports to the United States ($1,471 per ton) and Germany ($1,525 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Peas Imports in Bulgaria
Preserved peas imports into Bulgaria soared to 3.8K tons in 2022, growing by 29% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 29%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, preserved peas imports surged to $4.2M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +51.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Peas in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1,604 | 2,032 | 1,681 | 2,660 | 18.4% |
| Italy | 533 | 636 | 622 | 461 | -4.7% |
| Moldova | 31.6 | 121 | 23.8 | 311 | 114.3% |
| Germany | 234 | 492 | 132 | 283 | 6.5% |
| Turkey | 85.3 | 96.3 | 82.5 | 173 | 26.6% |
| Czech Republic | 112 | 118 | 168 | 79.3 | -10.9% |
| Poland | 53.5 | 29.1 | 200 | 37.9 | -10.9% |
| Others | 83.0 | 120 | 132 | 151 | 22.1% |
| Total | 2,737 | 3,644 | 3,040 | 4,158 | 15.0% |
Top Suppliers of Preserved Peas to Bulgaria in 2022:
- Hungary (2315.8 tons)
- Italy (500.0 tons)
- Moldova (304.5 tons)
- Germany (268.9 tons)
- Turkey (190.5 tons)
- Czech Republic (52.6 tons)
- Poland (34.2 tons)
Preserved Peas Exports in Bulgaria
In 2022, overseas shipments of preserved peas decreased by -56.8% to 30 tons, falling for the second year in a row after two years of growth. In general, exports saw a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 113% against the previous year. As a result, the exports reached the peak of 285 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, preserved peas exports contracted dramatically to $50K in 2022. Overall, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 124% against the previous year. As a result, the exports attained the peak of $229K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Preserved Peas in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 17.1 | 0% |
| Greece | 20.4 | 20.4 | 39.7 | 8.3 | -25.9% |
| Cyprus | 0.5 | 0.3 | 1.9 | 3.6 | 93.1% |
| United States | 2.5 | 7.8 | 3.4 | 1.8 | -10.4% |
| Ukraine | N/A | N/A | 1.0 | 1.7 | 70.0% |
| Germany | N/A | N/A | N/A | 1.4 | 0% |
| Romania | N/A | 148 | 0.3 | 1.0 | -91.8% |
| Armenia | 68.9 | 42.4 | 33.8 | N/A | -30.0% |
| Others | 9.9 | 10.8 | 7.8 | 14.7 | 14.1% |
| Total | 102 | 229 | 87.8 | 49.5 | -21.4% |
Top Export Markets for Preserved Peas from Bulgaria in 2022:
- Iraq (9.4 tons)
- Greece (4.3 tons)
- Cyprus (2.2 tons)
- United States (1.2 tons)
- Ukraine (1.1 tons)
- Germany (0.9 tons)
- Romania (0.6 tons)
This report provides an in-depth analysis of the preserved peas 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 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1576
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1336
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1576
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
