Apr 11, 2019

Bulgaria - Cheese - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Cheese Market Overview 2019

Cheese Market Size in Bulgaria

The revenue of the cheese market in Bulgaria amounted to $X in 2017, approximately mirroring the previous year. In general, cheese consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. The cheese consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cheese Production in Bulgaria

In 2017, approx. X tonnes of cheese were produced in Bulgaria; approximately reflecting the previous year. Overall, cheese production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% year-to-year. Over the period under review, the cheese production reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cheese Exports

Exports from Bulgaria

In 2017, the amount of cheese exported from Bulgaria totaled X tonnes, going down by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2008, when exports increased by X% against the previous year. The exports peaked of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, cheese exports stood at $X in 2017. In general, the total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cheese exports decreased by -X% against 2014 indices. Over the period under review, the cheese exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

Greece (X tonnes), Romania (X tonnes) and the U.S. (X tonnes) were the main destinations of cheese exports from Bulgaria, with a combined X% share of total exports. These countries were followed by Germany, Lebanon and Australia, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) remains the key foreign market for cheese exports from Bulgaria, making up X% of total cheese exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual growth rate of value to Greece totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average cheese export price stood at $X per tonne in 2017, surging by X% against the previous year. Overall, cheese export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the average export price increased by X% y-o-y. The export price peaked of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Germany ($X per tonne), while average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Lebanon (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Cheese Imports

Imports into Bulgaria

Cheese imports into Bulgaria stood at X tonnes in 2017, declining by -X% against the previous year. Overall, cheese imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2009, when imports increased by X% year-to-year. Over the period under review, the cheese imports attained its maximum volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, cheese imports totaled $X in 2017. Overall, cheese imports continue to indicate a prominent expansion. Over the period under review, the cheese imports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Imports by Country

Poland (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main suppliers of cheese imports to Bulgaria, together comprising X% of total imports. These countries were followed by Italy, Greece and Belgium, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest cheese suppliers to Bulgaria were Germany ($X), Poland ($X) and the Netherlands ($X), with a combined X% share of total imports. These countries were followed by Italy, Greece and Belgium, which together accounted for a further X%.

Belgium (+X% per year) recorded the highest rates of growth with regard to imports,among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cheese import price stood at $X per tonne in 2017, jumping by X% against the previous year. Overall, cheese import price continues to indicate a measured shrinkage. The pace of growth appeared the most rapid in 2017, when the average import price increased by X% against the previous year. Over the period under review, the average import prices for cheese attained its peak figure level of $X per tonne in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Italy ($X per tonne), while price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Italy (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 901 - Cheese from Whole Cow Milk
• FCL 904 - Cheese from Skimmed Cow Milk
• FCL 905 - Whey Cheese
• FCL 907 - Processed Cheese
• FCL 955 - Cheese of Buffalo Milk
• FCL 984 - Cheese of Sheep Milk
• FCL 1021 - Cheese of Goat Milk

This report provides an in-depth analysis of the cheese 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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