Bulgaria: Pumpkin Market 2024

Pumpkin Market Size in Bulgaria

The Bulgarian pumpkin market expanded significantly to $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Pumpkin Production in Bulgaria

In value terms, pumpkin production rose notably to $X in 2022 estimated in export price. In general, production recorded strong growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Pumpkin production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average pumpkin yield in Bulgaria expanded to X tons per ha, picking up by X% compared with the previous year's figure. In general, the yield, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. The pumpkin yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of pumpkin (squash and gourds) were harvested in Bulgaria; picking up by X% on the previous year's figure. Over the period under review, the harvested area continues to indicate resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the pumpkin harvested area remained at a lower figure.

Pumpkin Exports

Exports from Bulgaria

In 2022, after two years of growth, there was significant decline in overseas shipments of pumpkin (squash and gourds), when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced sharply in the following year.

In value terms, pumpkin exports fell to $X in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Romania (X tons) was the main destination for pumpkin exports from Bulgaria, with a X% share of total exports. Moreover, pumpkin exports to Romania exceeded the volume sent to the second major destination, Hungary (X tons), fivefold. The Czech Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, 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: Hungary (X% per year) and the Czech Republic (X% per year).

In value terms, Romania ($X) remains the key foreign market for pumpkin (squash and gourds) exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

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

Export Prices by Country

In 2022, the average pumpkin export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Hungary ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pumpkin Imports

Imports into Bulgaria

After eight years of growth, supplies from abroad of pumpkin (squash and gourds) decreased by X% to X tons in 2022. Overall, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted slightly in the following year.

In value terms, pumpkin imports reached $X in 2022. In general, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of pumpkin to Bulgaria, accounting for a X% share of total imports. Moreover, pumpkin imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and Germany (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of pumpkin (squash and gourds) to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Albania, with a X% share.

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

Import Prices by Country

In 2022, the average pumpkin import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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