Bulgaria - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Juice Price in Bulgaria - 2023
Contents:
- Tomato Juice Price in Bulgaria (CIF) - 2022
- Tomato Juice Price in Bulgaria (FOB) - 2022
- Tomato Juice Imports in Bulgaria
- Tomato Juice Exports in Bulgaria
Tomato Juice Price in Bulgaria (CIF) - 2022
The average tomato juice import price stood at $650 per ton in 2022, rising by 38% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $682 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,355 per ton), while the price for Poland ($459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Juice Price in Bulgaria (FOB) - 2022
The average tomato juice export price stood at $1,225 per ton in 2022, rising by 104% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Italy ($2,368 per ton), while the average price for exports to Greece ($621 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 the United States (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Juice Imports in Bulgaria
In 2022, approx. 677 tons of tomato juice were imported into Bulgaria; shrinking by -34.5% against the year before. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 1K tons, and then dropped significantly in the following year.
In value terms, tomato juice imports reduced to $440K in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $485K, and then reduced in the following year.
Import of Tomato Juice in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 311 | 280 | 300 | 177 | -17.1% |
Serbia | 73.7 | 100 | 135 | 129 | 20.5% |
Germany | N/A | 0.4 | N/A | 73.5 | 1255.5% |
Austria | 5.5 | 11.4 | 19.8 | 19.9 | 53.5% |
Ukraine | 3.9 | 3.4 | 8.0 | 10.2 | 37.8% |
Others | 16.0 | 17.8 | 23.3 | 30.5 | 24.0% |
Total | 410 | 413 | 485 | 440 | 2.4% |
Top Suppliers of Tomato Juice to Bulgaria in 2022:
- Poland (386.1 tons)
- Serbia (187.4 tons)
- Germany (31.2 tons)
- Austria (23.0 tons)
- Ukraine (19.9 tons)
Tomato Juice Exports in Bulgaria
In 2022, after two years of decline, there was significant growth in overseas shipments of tomato juice, when their volume increased by 108% to 93 tons. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tomato juice exports soared to $114K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tomato Juice in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 72.5 | 0% |
Greece | 9.5 | 5.9 | 6.2 | 15.2 | 17.0% |
United States | 8.8 | 7.9 | 4.7 | 6.3 | -10.5% |
Ukraine | N/A | N/A | 0.7 | 4.8 | 585.7% |
Germany | 3.1 | N/A | N/A | 1.2 | -27.1% |
Cyprus | 0.3 | 0.3 | 0.6 | 1.2 | 58.7% |
Jordan | 4.1 | 0.6 | N/A | N/A | -85.4% |
United Kingdom | 2.9 | 5.1 | 7.1 | N/A | 56.5% |
Israel | 4.3 | 2.0 | 2.8 | N/A | -19.3% |
Romania | 3.0 | 7.9 | 4.3 | N/A | 19.7% |
Others | 4.9 | 2.3 | 0.5 | 12.5 | 36.6% |
Total | 40.9 | 32.1 | 26.8 | 114 | 40.7% |
Top Export Markets for Tomato Juice from Bulgaria in 2022:
- Italy (30.6 tons)
- Greece (24.5 tons)
- Ukraine (7.4 tons)
- United States (6.5 tons)
- Cyprus (1.6 tons)
- Germany (1.1 tons)
This report provides an in-depth analysis of the tomato juice 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 390 - Juice of Tomatoes
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
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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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