Bulgaria - Vegetable Puree - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVegetable Puree Price in Bulgaria - 2023
Contents:
- Vegetable Puree Price in Bulgaria (FOB) - 2023
- Vegetable Puree Price in Bulgaria (CIF) - 2022
- Vegetable Puree Exports in Bulgaria
- Vegetable Puree Imports in Bulgaria
Vegetable Puree Price in Bulgaria (FOB) - 2023
The average vegetable puree export price stood at $1,803 per ton in July 2023, reducing by -3.7% against the previous month. Over the period under review, the export price, however, posted a slight increase. The pace of growth appeared the most rapid in November 2022 an increase of 115% month-to-month. As a result, the export price reached the peak level of $3,149 per ton. From December 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($5,065 per ton), while the average price for exports to Saudi Arabia ($1,008 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Puree Price in Bulgaria (CIF) - 2022
In 2022, the average vegetable puree import price amounted to $4,410 per ton, jumping by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($6,674 per ton), while the price for Turkey ($1,638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Puree Exports in Bulgaria
In 2022, approx. 2.1K tons of vegetable puree were exported from Bulgaria; dropping by -25.7% against 2021 figures. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 5.5% against the previous year.
In value terms, vegetable puree exports reduced markedly to $3.6M in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.1%. As a result, the exports reached the peak of $5M, and then dropped significantly in the following year.
| Export of Vegetable Puree in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,126 | 2,809 | 2,964 | 2,203 | 1.2% |
| Saudi Arabia | 380 | 120 | 386 | 349 | -2.8% |
| Poland | 458 | 319 | 392 | 190 | -25.4% |
| Romania | 336 | 264 | 166 | 145 | -24.4% |
| Spain | 106 | 68.7 | 104 | 133 | 7.9% |
| Netherlands | 30.6 | 38.1 | 83.6 | 118 | 56.8% |
| United Kingdom | 554 | 556 | 151 | N/A | -47.8% |
| Others | 814 | 706 | 784 | 500 | -15.0% |
| Total | 4,804 | 4,880 | 5,031 | 3,638 | -8.9% |
Top Export Markets for Vegetable Puree from Bulgaria in 2022:
- Germany (1263.0 tons)
- Saudi Arabia (405.0 tons)
- Poland (95.4 tons)
- Romania (48.1 tons)
- Spain (46.1 tons)
- Netherlands (43.3 tons)
Vegetable Puree Imports in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas purchases of vegetable puree, when their volume decreased by -25.2% to 233 tons. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 46%.
In value terms, vegetable puree imports reduced to $1M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 70%.
| Import of Vegetable Puree in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 441 | 770 | 573 | 636 | 13.0% |
| Poland | 51.1 | 69.2 | 137 | 172 | 49.9% |
| Slovenia | N/A | 56.2 | 77.7 | 64.8 | 7.4% |
| North Macedonia | 2.7 | 1.9 | 21.4 | 49.5 | 163.7% |
| Turkey | 39.5 | 42.2 | 81.8 | 38.2 | -1.1% |
| Slovakia | N/A | N/A | 25.3 | 23.1 | -8.7% |
| Italy | 42.4 | 80.4 | 91.7 | 15.8 | -28.0% |
| Greece | 36.3 | 27.4 | 37.0 | 14.6 | -26.2% |
| Portugal | N/A | N/A | 44.2 | N/A | 0% |
| Others | 21.0 | 28.8 | 12.4 | 14.9 | -10.8% |
| Total | 634 | 1,076 | 1,101 | 1,029 | 17.5% |
Top Suppliers of Vegetable Puree to Bulgaria in 2022:
- Austria (95.3 tons)
- Poland (56.2 tons)
- Slovenia (27.0 tons)
- Turkey (23.3 tons)
- North Macedonia (8.4 tons)
- Slovakia (7.4 tons)
- Greece (5.3 tons)
- Italy (1.6 tons)
This report provides an in-depth analysis of the vegetable puree 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 476 - Homogenized Vegetable Preparations
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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