Report Update: Apr 1, 2024

Bulgaria - Mineral Waters And Aerated Waters - Market Analysis, Forecast, Size, Trends And Insights

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Price for Mineral or Aerated Water in Bulgaria - 2023

Price for Mineral or Aerated Water in Bulgaria (CIF) - 2023

The average mineral or aerated water import price stood at $542 per thousand litres in June 2023, with a decrease of -11% against the previous month. In general, import price indicated measured growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, mineral or aerated water import price decreased by -21.2% against April 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 39% m-o-m. Over the period under review, average import prices attained the peak figure at $688 per thousand litres in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1.1 per litre), while the price for North Macedonia ($234 per thousand litres) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Georgia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral or Aerated Water in Bulgaria (FOB) - 2022

In 2022, the average mineral or aerated water export price amounted to $0.2 per litre, declining by -11.3% against the previous year. In general, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure at $0.6 per litre in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($0.5 per litre), while the average price for exports to Romania ($0.1 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mineral or Aerated Water in Bulgaria

Mineral or aerated water imports into Bulgaria contracted modestly to 11M litres in 2022, with a decrease of -4.5% on the previous year's figure. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of 11M litres, and then contracted in the following year.

In value terms, mineral or aerated water imports rose remarkably to $5.6M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +59.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Mineral or Aerated Water in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	3,361	2,619	3,528	2,992	-3.8%
France	492	391	651	846	19.8%
North Macedonia	261	277	361	586	30.9%
Hungary	N/A	N/A	N/A	553	0%
Georgia	46.4	86.5	133	177	56.2%
Poland	13.7	57.2	117	139	116.5%
Turkey	17.9	15.7	57.9	125	91.1%
Others	188	55.8	208	178	-1.8%
Total	4,378	3,502	5,055	5,596	8.5%

Top Suppliers of Mineral or Aerated Water to Bulgaria in 2022:

Italy (5.8M litres)
North Macedonia (2.2M litres)
France (0.7M litres)
Hungary (0.6M litres)
Turkey (0.4M litres)
Poland (0.3M litres)
Georgia (0.2M litres)

Exports of Mineral or Aerated Water in Bulgaria

In 2022, the amount of mineral or aerated waters exported from Bulgaria soared to 26M litres, picking up by 16% on 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, mineral or aerated water exports rose slightly to $5.2M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 91% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Mineral or Aerated Water in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	10.9	404	1,766	2,379	502.1%
Romania	259	441	1,116	1,569	82.3%
Estonia	N/A	114	139	132	7.6%
Ukraine	148	149	150	123	-6.0%
North Macedonia	32.5	39.5	62.1	96.1	43.5%
Moldova	37.6	84.7	63.9	70.0	23.0%
United States	83.3	75.1	81.4	61.3	-9.7%
Greece	479	372	307	21.6	-64.4%
Italy	322	542	883	18.0	-61.8%
Serbia	229	130	7.0	0.6	-86.2%
Others	394	293	471	716	22.0%
Total	1,995	2,643	5,046	5,187	37.5%

Top Export Markets for Mineral or Aerated Water from Bulgaria in 2022:

Greece (undefinedM litres)
Serbia (undefinedM litres)
Romania (11.3M litres)
Poland (10.1M litres)
Estonia (0.9M litres)
Ukraine (0.6M litres)
North Macedonia (0.5M litres)
Moldova (0.4M litres)
United States (0.3M litres)
Italy (0.1M litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mineral or aerated water 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 11071130 - Mineral waters and aerated waters, unsweetened

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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