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Bulgaria - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights
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Bulgaria: Ice Cream Market Overview 2021

Ice Cream Market Size in Bulgaria

The Bulgarian ice cream market expanded modestly to $X in 2020, with an increase of X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2017 to 2020, the growth of the market remained at a lower figure.

Ice Cream Production in Bulgaria

In value terms, ice cream production stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Ice Cream Exports

Exports from Bulgaria

In 2020, approx. X tonnes of ice cream were exported from Bulgaria; almost unchanged from 2019. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, ice cream exports reached $X in 2020. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Romania (X tonnes) was the main destination for ice cream exports from Bulgaria, accounting for a X% share of total exports. Moreover, ice cream exports to Romania exceeded the volume sent to the second major destination, Serbia (X tonnes), fourfold. Greece (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Romania 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).

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

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

Export Prices by Country

The average ice cream export price stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2020, the highest prices were recorded for prices to Greece ($X per tonne) and Romania ($X per tonne), while the average price for exports to Serbia ($X per tonne) and Macedonia ($X per tonne) were amongst the lowest.

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

Ice Cream Imports

Imports into Bulgaria

For the sixth year in a row, Bulgaria recorded growth in purchases abroad of ice cream, which increased by X% to X tonnes in 2020. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, ice cream imports amounted to $X in 2020. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume from Serbia 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, Serbia ($X) constituted the largest supplier of ice cream to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Serbia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Romania (+X% per year).

Import Prices by Country

In 2020, the average ice cream import price amounted to $X per tonne, standing approx. at the previous year. In general, the import price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per tonne), while the price for Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine, 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 ice cream in the world?
+
The countries with the highest volumes of ice cream consumption in 2020 were China (4.7M tonnes), the U.S. (3.4M tonnes) and Iran (1.3M tonnes), together comprising 48% of global consumption.
What are the largest producers of ice cream in the world?
+
The countries with the highest volumes of ice cream production in 2020 were China (4.8M tonnes), the U.S. (3.5M tonnes) and Iran (1.3M tonnes), with a combined 49% share of global production.
What are the leading suppliers of ice cream to Bulgaria?
+
In value terms, Serbia ($6.7M) constituted the largest supplier of ice cream to Bulgaria, comprising 44% of total imports. The second position in the ranking was occupied by Germany ($2.1M), with a 14% share of total imports. It was followed by Romania, with a 8.5% share.
What are the leading importers of ice cream from Bulgaria?
+
In value terms, Romania ($7.3M) remains the key foreign market for ice cream exports from Bulgaria, comprising 58% of total exports. The second position in the ranking was occupied by Greece ($2M), with a 16% share of total exports. It was followed by Serbia, with a 14% share.
What is the average export price for ice cream in Bulgaria?
+
The average ice cream export price stood at $2,393 per tonne in 2020, approximately mirroring the previous year.
What is the average import price for ice cream in Bulgaria?
+
In 2020, the average ice cream import price amounted to $2,642 per tonne, leveling off at the previous year.

Product coverage:
• Prodcom 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)

This report provides an in-depth analysis of the ice cream 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 2030
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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