Bulgaria - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingYoghurt Price in Bulgaria - 2021
Contents:
- Yoghurt Price in Bulgaria (CIF) - 2021
- Yoghurt Price in Bulgaria (FOB) - 2021
- Yoghurt Imports in Bulgaria
- Yoghurt Exports in Bulgaria
Yoghurt Price in Bulgaria (CIF) - 2021
The average yoghurt import price stood at $1,257 per ton in November 2021, with an increase of 1.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2020 an increase of 11% m-o-m. The import price peaked at $1,513 per ton in June 2021; however, from July 2021 to November 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,714 per ton), while the price for Serbia ($779 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Yoghurt Price in Bulgaria (FOB) - 2021
The average yoghurt export price stood at $1,963 per ton in November 2021, approximately reflecting the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2020 when the average export price increased by 11% against the previous month. As a result, the export price reached the peak level of $2,439 per ton. From January 2021 to November 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($5,933 per ton), while the average price for exports to Austria ($1,565 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Yoghurt Imports in Bulgaria
In 2022, supplies from abroad of yoghurt decreased by -10.9% to 12K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.1% 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 with an increase of 25%. As a result, imports attained the peak of 14K tons, and then fell in the following year.
In value terms, yoghurt imports declined significantly to $16M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $18M, and then shrank dramatically in the following year.
| Import of Yoghurt in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.3 | 5.8 | 7.4 | 6.1 | 12.4% |
| Romania | 1.2 | 4.6 | 7.1 | 5.9 | 70.0% |
| Germany | 1.7 | 1.8 | 1.7 | 1.4 | -6.3% |
| Serbia | N/A | 0.1 | 1.2 | 1.0 | 216.2% |
| Greece | 1.9 | 0.2 | 0.3 | 0.6 | -31.9% |
| Others | 0.3 | 0.2 | 0.6 | 0.4 | 10.1% |
| Total | 9.5 | 12.7 | 18.3 | 15.5 | 17.7% |
Top Suppliers of Yoghurt to Bulgaria in 2022:
- Poland (4.6K tons)
- Romania (4.5K tons)
- Serbia (1.4K tons)
- Germany (0.9K tons)
- Greece (0.6K tons)
Yoghurt Exports in Bulgaria
In 2022, the amount of yoghurt exported from Bulgaria contracted modestly to 6.4K tons, approximately equating 2021. Overall, exports recorded a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 1.6%.
In value terms, yoghurt exports shrank slightly to $13M in 2022. In general, exports, however, recorded modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 2.4%.
| Export of Yoghurt in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 4.1 | 3.4 | 4.2 | 3.6 | -4.2% |
| Romania | 0.9 | 1.4 | 2.3 | 2.0 | 30.5% |
| Germany | 1.1 | 1.3 | 1.8 | 1.6 | 13.3% |
| United Kingdom | 2.1 | 2.5 | 0.8 | 1.5 | -10.6% |
| Portugal | 1.2 | 1.3 | 0.9 | 1.0 | -5.9% |
| Spain | 1.4 | 1.1 | 0.4 | 0.8 | -17.0% |
| Hungary | 0.9 | 0.7 | 0.4 | 0.6 | -12.6% |
| Serbia | N/A | N/A | 0.5 | 0.4 | -20.0% |
| Austria | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Cyprus | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Others | 0.7 | 1.0 | 1.5 | 1.3 | 22.9% |
| Total | 13.1 | 13.4 | 13.5 | 13.5 | 1.0% |
Top Export Markets for Yoghurt from Bulgaria in 2022:
- Greece (2083.7 tons)
- Romania (1039.3 tons)
- United Kingdom (562.1 tons)
- Spain (543.6 tons)
- Portugal (433.6 tons)
- Germany (426.1 tons)
- Austria (266.9 tons)
- Hungary (264.2 tons)
- Serbia (169.1 tons)
- Cyprus (143.2 tons)
This report provides an in-depth analysis of the yoghurt 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 891 - Yoghurt
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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The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
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