Bulgaria: Chick Peas Market Overview 2021

Chick Peas Market Size in Bulgaria

In 2019, after four years of growth, there was significant decline in the Bulgarian chick peas market, when its value decreased by -X% to $X. Overall, consumption, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level at $X in 2018, and then shrank rapidly in the following year.

Chick Peas Production in Bulgaria

In value terms, chick peas production shrank notably to $X in 2019 estimated in export prices. Overall, production recorded a significant increase. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.

The average yield of chick peas in Bulgaria was estimated at X tonnes per ha in 2019, leveling off at the previous year's figure. Over the period under review, the yield saw significant growth. The growth pace was the most rapid in 2017 when the yield increased by X% year-to-year. The chick peas yield peaked in 2019 and is likely to see gradual growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of chick peas production in Bulgaria expanded slightly to X ha, picking up by X% on the year before. Over the period under review, the harvested area enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2008 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to chick peas production attained the maximum in 2019 and is likely to see gradual growth in years to come.

Chick Peas Exports

Exports from Bulgaria

In 2019, the amount of chick peas exported from Bulgaria skyrocketed to X tonnes, growing by X% against 2018 figures. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, chick peas exports skyrocketed to $X in 2019. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

Pakistan (X tonnes) was the main destination for chick peas exports from Bulgaria, accounting for a X% share of total exports. Moreover, chick peas exports to Pakistan exceeded the volume sent to the second major destination, India (X tonnes), fivefold. Turkey (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Pakistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Turkey (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value to Pakistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+X% per year) and India (+X% per year).

Export Prices by Country

In 2019, the average chick peas export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per tonne), while the average price for exports to Yemen ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced mixed trend patterns.

Chick Peas Imports

Imports into Bulgaria

In 2019, purchases abroad of chick peas decreased by -X% to X tonnes, falling for the second year in a row after eight years of growth. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, chick peas imports contracted significantly to $X in 2019. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Poland (X tonnes) constituted the largest chick peas supplier to Bulgaria, with a X% share of total imports. Moreover, chick peas imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Italy (+X% per year).

In value terms, Poland ($X) constituted the largest supplier of chick peas to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2019, the average chick peas import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Poland ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chick peas in the world?

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India (12M tonnes) remains the largest chick peas consuming country worldwide, accounting for 68% of total volume. Moreover, chick peas consumption in India exceeded the figures recorded by the second-largest consumer, Australia (735K tonnes), more than tenfold. The third position in this ranking was occupied by Pakistan (704K tonnes), with a 3.9% share.

What are the largest producers of chick peas in the world?

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India (12M tonnes) constituted the country with the largest volume of chick peas production, accounting for 67% of total volume. Moreover, chick peas production in India exceeded the figures recorded by the second-largest producer, Australia (1.1M tonnes), more than tenfold. The third position in this ranking was occupied by Russia (732K tonnes), with a 4.1% share.

What are the leading suppliers of chick peas to Bulgaria?

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In value terms, Poland ($117K) constituted the largest supplier of chick peas to Bulgaria, comprising 65% of total imports. The second position in the ranking was occupied by Turkey ($44K), with a 25% share of total imports.

What are the leading importers of chick peas from Bulgaria?

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In value terms, Pakistan ($4.8M) emerged as the key foreign market for chick peas exports from Bulgaria, comprising 47% of total exports. The second position in the ranking was occupied by Turkey ($1.6M), with a 16% share of total exports. It was followed by India, with a 9.2% share.

What is the average export price for chick peas in Bulgaria?

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The average chick peas export price stood at $577 per tonne in 2019, waning by -43.2% against the previous year.

What is the average import price for chick peas in Bulgaria?

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In 2019, the average chick peas import price amounted to $1,781 per tonne, with an increase of 28% against the previous year.