Bulgaria - Beer Made From Malt (Excluding Non-Alcoholic Beer) - Market Analysis, Forecast, Size, Trends And Insights

Bulgaria: Beer Market Overview 2019

Beer Market Size in Bulgaria

The revenue of the beer market in Bulgaria amounted to $X in 2018, flattening at the previous year. In general, beer consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. In that year, the beer market reached its peak level of $X. From 2009 to 2018, the growth of the beer market failed to regain its momentum.

Beer Production in Bulgaria

In value terms, beer production totaled $X in 2018 estimated in export prices. In general, beer production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, beer production attained its peak level of $X. From 2009 to 2018, beer production growth remained at a somewhat lower figure.

Beer Exports

Exports from Bulgaria

In 2018, approx. X tonnes of beer made from malt (excluding non-alcoholic beer) were exported from Bulgaria; surging by X% against the previous year. Overall, beer exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, beer exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, beer exports totaled $X in 2018. Over the period under review, beer exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, beer exports attained their maximum at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Serbia (X tonnes), Italy (X tonnes) and Montenegro (X tonnes) were the main destinations of beer exports from Bulgaria, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for beer exports from Bulgaria, comprising X% of total beer exports. The second position in the ranking was occupied by Serbia ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and Greece (+X% per year).

Export Prices by Country

The average beer export price stood at $X per tonne in 2018, surging by X% against the previous year. In general, the export price indicated a mild increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beer export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Albania ($X per tonne), while the average price for exports to Croatia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Albania, while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Bulgaria

Beer imports into Bulgaria amounted to X tonnes in 2018, going up by X% against the previous year. Overall, beer imports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, beer imports totaled $X in 2018. In general, beer imports continue to indicate extraordinary growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, beer imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Serbia (X tonnes) constituted the largest beer supplier to Bulgaria, with a X% share of total imports. Moreover, beer imports from Serbia exceeded the figures recorded by the second-largest supplier, Greece (X tonnes), fivefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Serbia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+X% per year) and Germany (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value from Serbia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the average beer import price amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the beer import price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform