Bulgaria - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Bulgaria - Strawberries - Market Analysis, Forecast, Size, Trends and Insights

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Strawberry Price in Bulgaria - 2023

Contents:

  1. Strawberry Price in Bulgaria (CIF) - 2023
  2. Strawberry Price in Bulgaria (FOB) - 2023
  3. Strawberry Imports in Bulgaria
  4. Strawberry Exports in Bulgaria

Strawberry Price in Bulgaria (CIF) - 2023

In July 2023, the average strawberry import price amounted to $1,021 per ton, falling by -5.5% against the previous month. In general, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in September 2022 an increase of 98% m-o-m. The import price peaked at $2,610 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Greece.

From July 2022 to July 2023, the rate of growth in terms of prices for Greece amounted to +1.0% per month.

Strawberry Price in Bulgaria (FOB) - 2023

The average strawberry export price stood at $8,515 per ton in July 2023, with an increase of 155% against the previous month. Over the period under review, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From July 2022 to July 2023, the rate of growth in terms of prices for Luxembourg amounted to +5.3% per month.

Strawberry Imports in Bulgaria

In 2022, strawberry imports into Bulgaria amounted to 4.6K tons, growing by 4.6% against 2021 figures. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, strawberry imports fell to $5.8M in 2022. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of $6.7M, and then reduced in the following year.

Import of Strawberry in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece3.03.15.94.917.8%
Germany0.40.50.60.826.0%
Others0.20.20.20.1-20.6%
Total3.53.86.75.818.3%

Top Suppliers of Strawberry to Bulgaria in 2022:

  1. Greece (4.3K tons)
  2. Germany (0.2K tons)

Strawberry Exports in Bulgaria

After three years of growth, overseas shipments of strawberries decreased by -47.8% to 570 tons in 2022. Overall, exports, however, recorded a slight increase. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. As a result, the exports reached the peak of 1.1K tons, and then declined rapidly in the following year.

In value terms, strawberry exports fell significantly to $1.8M in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 98%. As a result, the exports reached the peak of $3.5M, and then declined significantly in the following year.

Export of Strawberry in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania8611,0792,9151,16810.7%
Germany12347839327630.9%
United Kingdom93.542.630.323536.0%
Czech RepublicN/AN/AN/A80.90%
Belarus99.177.446.44.0-65.7%
Netherlands17550.1N/AN/A-71.4%
Others10147.911972.0-10.7%
Total1,4521,7743,5051,8368.1%

Top Export Markets for Strawberry from Bulgaria in 2022:

  1. Netherlands (undefined tons)
  2. Romania (361.5 tons)
  3. Germany (121.0 tons)
  4. United Kingdom (39.9 tons)
  5. Czech Republic (27.7 tons)
  6. Belarus (2.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the strawberry 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 544 - Strawberries

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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