Bulgaria: Roasted Coffee Market 2024

Roasted Coffee Market Size in Bulgaria

The Bulgarian roasted coffee market declined slightly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Roasted Coffee Production in Bulgaria

In value terms, roasted coffee production contracted significantly to $X in 2022 estimated in export price. In general, production faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Roasted Coffee Exports

Exports from Bulgaria

In 2022, overseas shipments of roasted coffee decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, roasted coffee exports stood at $X in 2022. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Romania (X tons) was the main destination for roasted coffee exports from Bulgaria, accounting for a X% share of total exports. Moreover, roasted coffee exports to Romania exceeded the volume sent to the second major destination, Turkey (X tons), threefold. Hungary (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Romania ($X) remains the key foreign market for roasted coffee exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

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

Export Prices by Country

In 2022, the average roasted coffee export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Russia ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Coffee Imports

Imports into Bulgaria

For the third consecutive year, Bulgaria recorded growth in supplies from abroad of roasted coffee, which increased by X% to X tons in 2022. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, roasted coffee imports soared to $X in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of roasted coffee to Bulgaria, accounting for a X% share of total imports. Moreover, roasted coffee imports from Italy exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with an X% share.

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

In value terms, Italy ($X) constituted the largest supplier of roasted coffee to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average roasted coffee import price stood at $X per ton in 2022, rising 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 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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