Bulgaria: Candied Fruit Market 2024

Candied Fruit Market Size in Bulgaria

In 2022, the Bulgarian candied fruit market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Candied Fruit Production in Bulgaria

In value terms, candied fruit production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Candied fruit production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of candied fruits in Bulgaria was estimated at less than X kg per ha in 2022, flattening at the year before. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The candied fruit harvested area in Bulgaria stood at less than X ha in 2022, flattening at 2021. Overall, the harvested area recorded a relatively flat trend pattern.

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Candied Fruit Exports

Exports from Bulgaria

In 2022, the amount of candied fruits exported from Bulgaria surged to X tons, picking up by X% against the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, candied fruit exports skyrocketed to $X in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons) was the main destination for candied fruit exports from Bulgaria, accounting for a X% share of total exports. Moreover, candied fruit exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), fourfold. South Africa (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and South Africa (X% per year).

In value terms, Italy ($X) remains the key foreign market for candied fruits exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average candied fruit export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Bulgaria

For the fourth year in a row, Bulgaria recorded decline in purchases abroad of candied fruits, which decreased by X% to X tons in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, candied fruit imports declined to $X in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest candied fruit supplier to Bulgaria, with a X% share of total imports. Moreover, candied fruit imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold. Thailand (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Italy ($X) constituted the largest supplier of candied fruits to Bulgaria, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Thailand (X% per year).

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price continues to indicate slight growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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