Bulgaria: Food Mixer Market Overview 2021

Food Mixer Market Size in Bulgaria

The Bulgarian food mixer market shrank to $X in 2020, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a prominent increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Food Mixer Exports

Exports from Bulgaria

In 2020, the amount of domestic food grinders and mixers and fruit or vegetable juice extractors exported from Bulgaria contracted notably to X units, waning by -X% against 2019. In general, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. As a result, exports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, food mixer exports contracted notably to $X in 2020. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2019, and then dropped notably in the following year.

Exports by Country

Poland (X units) was the main destination for food mixer exports from Bulgaria, with a X% share of total exports. Moreover, food mixer exports to Poland exceeded the volume sent to the second major destination, Israel (X units), twofold. Greece (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Greece (+X% per year).

In value terms, Poland ($X) remains the key foreign market for food mixer exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Poland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Greece (+X% per year).

Export Prices by Country

In 2020, the average food mixer export price amounted to $X per unit, falling by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2019 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Romania ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Food Mixer Imports

Imports into Bulgaria

In 2020, supplies from abroad of domestic food grinders and mixers and fruit or vegetable juice extractors increased by X% to X units, rising for the third year in a row after three years of decline. Overall, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, food mixer imports shrank dramatically to $X in 2020. In general, imports showed a tangible increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of food mixer to Bulgaria, accounting for a X% share of total imports. Moreover, food mixer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was occupied by Poland (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

In value terms, the largest food mixer suppliers to Bulgaria were China ($X), Poland ($X) and Romania ($X), with a combined X% share of total imports.

In terms of the main suppliers, Romania (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average food mixer import price amounted to $X per unit, which is down by -X% against the previous year. In general, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in 2013 an increase of X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic food grinders and mixers and fruit or vegetable juice extractors in the world?

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The countries with the highest volumes of food mixer consumption in 2020 were India (137M units), China (131M units) and the U.S. (61M units), with a combined 55% share of global consumption.

What are the largest producers of domestic food grinders and mixers and fruit or vegetable juice extractors in the world?

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The countries with the highest volumes of food mixer production in 2020 were China (237M units), India (136M units) and the U.S. (49M units), together accounting for 80% of global production.

What are the leading suppliers of domestic food grinders and mixers and fruit or vegetable juice extractors to Bulgaria?

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In value terms, China ($2.4M), Poland ($1.5M) and Romania ($1.3M) appeared to be the largest food mixer suppliers to Bulgaria, together comprising 53% of total imports.

What are the leading importers of domestic food grinders and mixers and fruit or vegetable juice extractors from Bulgaria?

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In value terms, Poland ($289K) remains the key foreign market for food mixer exports from Bulgaria, comprising 33% of total exports. The second position in the ranking was occupied by Israel ($139K), with a 16% share of total exports. It was followed by Greece, with a 9.4% share.

What is the average export price for domestic food grinders and mixers and fruit or vegetable juice extractors in Bulgaria?

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The average food mixer export price stood at $14 per unit in 2020, shrinking by -38.2% against the previous year.

What is the average import price for domestic food grinders and mixers and fruit or vegetable juice extractors in Bulgaria?

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In 2020, the average food mixer import price amounted to $11 per unit, shrinking by -29% against the previous year.