Bulgaria: Beer Market 2024

Beer Market Size in Bulgaria

In 2022, the Bulgarian beer market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Beer Production in Bulgaria

In value terms, beer production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a slight decrease. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Beer Exports

Exports from Bulgaria

In 2022, exports of beer from Bulgaria surged to X litres, with an increase of X% compared with the year before. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X litres in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, beer exports soared to $X in 2022. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

North Macedonia (X litres), Germany (X litres) and Cyprus (X litres) were the main destinations of beer exports from Bulgaria, together comprising X% of total exports. The Netherlands, Belgium, the UK, Romania, Italy, Turkey, France, Greece, Spain and Moldova lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, North Macedonia ($X), Germany ($X) and the Netherlands ($X) were the largest markets for beer exported from Bulgaria worldwide, together comprising X% of total exports. Cyprus, Belgium, Italy, Turkey, the UK, France, Spain, Romania, Greece and Moldova lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average beer export price amounted to $X per litre, falling by X% against the previous year. In general, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per litre in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per litre), while the average price for exports to Moldova ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Bulgaria

In 2022, after four years of growth, there was decline in purchases abroad of beer, when their volume decreased by X% to X litres. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at X litres in 2021, and then shrank modestly in the following year.

In value terms, beer imports declined modestly to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, Greece (X litres) constituted the largest supplier of beer to Bulgaria, with a X% share of total imports. Moreover, beer imports from Greece exceeded the figures recorded by the second-largest supplier, Serbia (X litres), threefold. Germany (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Greece stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Germany (X% per year).

In value terms, Greece ($X) constituted the largest supplier of beer to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Greece stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Serbia (X% per year).

Import Prices by Country

The average beer import price stood at $X per litre in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per litre in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per litre), while the price for Romania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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