Bulgaria - Cider, Perry, Mead And Other Fermented Beverages - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Cider, Perry, Mead And Other Fermented Beverages - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cider, Perry and Mead in Bulgaria - 2023

Contents:

  1. Price for Cider, Perry and Mead in Bulgaria (FOB) - 2023
  2. Price for Cider, Perry and Mead in Bulgaria (CIF) - 2023
  3. Exports of Cider, Perry and Mead in Bulgaria
  4. Imports of Cider, Perry and Mead in Bulgaria

Price for Cider, Perry and Mead in Bulgaria (FOB) - 2023

The average cider, perry and mead export price stood at $1.7 per litre in August 2023, rising by 20% against the previous month. Overall, export price indicated a resilient increase from August 2022 to August 2023: its price increased at an average monthly rate of +5.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, cider, perry and mead export price increased by +19.5% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 31% against the previous month. The export price peaked in August 2023.

Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was Romania ($1.7 per litre), while the average price for exports to Kosovo ($1.4 per litre) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cider, Perry and Mead in Bulgaria (CIF) - 2023

In August 2023, the average cider, perry and mead import price amounted to $1.2 per litre, with a decrease of -3.2% against the previous month. Overall, the import price, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 163% m-o-m. As a result, import price reached the peak level of $1.9 per litre. From December 2022 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2.0 per litre), while the price for Ukraine ($598 per thousand litres) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Croatia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cider, Perry and Mead in Bulgaria

In 2022, shipments abroad of cider, perry, mead and other fermented beverages decreased by -1.5% to 15M litres, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 3.7% against the previous year. As a result, the exports attained the peak of 15M litres. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cider, perry and mead exports amounted to $14M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 2.5% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Cider, Perry and Mead in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania10.111.912.812.88.2%
Greece1.60.70.60.7-24.1%
Others1.50.90.40.5-30.7%
Total13.213.513.814.02.0%

Top Export Markets for Cider, Perry and Mead from Bulgaria in 2022:

  1. Romania (13.6M litres)
  2. Greece (0.9M litres)

Imports of Cider, Perry and Mead in Bulgaria

In 2022, overseas purchases of cider, perry, mead and other fermented beverages decreased by -1.6% to 3.7M litres, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports reached the peak of 4.3M litres. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cider, perry and mead imports expanded significantly to $3.4M in 2022. Over the period under review, imports recorded a noticeable setback. Over the period under review, imports reached the peak figure at $4.1M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Cider, Perry and Mead in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia9701,2531,0381,1676.4%
France12.04.3113468239.1%
Estonia18718033342931.9%
Serbia3273153883774.9%
Italy722455198185-36.5%
Netherlands0.32.36.7166721.0%
Poland42.766450.212543.1%
Germany61.436.972.312326.1%
Ukraine36.224.844.098.239.5%
Belgium53146.2486N/A-4.3%
Others9071,092249234-36.3%
Total3,7974,0732,9773,372-3.9%

Top Suppliers of Cider, Perry and Mead to Bulgaria in 2022:

  1. Croatia (2159.5K litres)
  2. Serbia (511.8K litres)
  3. Estonia (298.0K litres)
  4. Ukraine (159.2K litres)
  5. France (152.4K litres)
  6. Poland (110.1K litres)
  7. Germany (99.5K litres)
  8. Netherlands (71.9K litres)
  9. Italy (55.9K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cider, perry and mead 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 11031000 - Fermented beverages and mixtures thereof (including with non-alcoholic beverages, cider, perry and mead, excluding malt beer, wine of grapes flavoured with plants or aromatic substances)

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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Global Cider, Perry, and Mead Market - South Africa Has Overtaken South Korea as the World's Largest Exporter
May 5, 2020
Eye 731

South Africa has overtaken South Korea as the world's largest exporters of cider, perry, mead and other fermented beverages.

Which Country Imports the Most Fermented Beverages in the World?
Jul 26, 2018
Eye 988

In value terms, fermented beverages imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% ...

Which Country Exports the Most Fermented Beverages in the World?
Jul 26, 2018
Eye 648

In value terms, fermented beverages exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% ov...

Global Cider, Perry, and Mead Market - South Africa Has Overtaken South Korea as the World's Largest Exporter
May 5, 2020
Eye 731

South Africa has overtaken South Korea as the world's largest exporters of cider, perry, mead and other fermented beverages.

Which Country Imports the Most Fermented Beverages in the World?
Jul 26, 2018
Eye 988

In value terms, fermented beverages imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% ...

Which Country Exports the Most Fermented Beverages in the World?
Jul 26, 2018
Eye 648

In value terms, fermented beverages exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% ov...

Free Data: Cider, Perry, Mead And Other Fermented Beverages - Bulgaria