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Bulgaria - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Skimmed Milk Market Overview 2021

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Skimmed Milk Market Size in Bulgaria

The Bulgarian skimmed milk market soared to $X in 2019, jumping by X% against the previous year. In general, consumption saw a strong increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Skimmed milk consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Skimmed Milk Production in Bulgaria

In value terms, skimmed milk production amounted to $X in 2019 estimated in export prices. Over the period under review, production recorded a moderate expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. Skimmed milk production peaked at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

The average yield of skimmed milk in Bulgaria stood at X kg per head in 2019, approximately mirroring the previous year's figure. Overall, the yield showed a relatively flat trend pattern.

In 2019, the number of animals slaughtered for skimmed milk production in Bulgaria amounted to X head, approximately mirroring 2018 figures. In general, the number of producing animals recorded a relatively flat trend pattern.

Skimmed Milk Exports

Exports from Bulgaria

In 2019, after three years of decline, there was significant growth in shipments abroad of skimmed milk, when their volume increased by X% to X tonnes. Overall, exports recorded buoyant growth. Over the period under review, exports attained the maximum at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, skimmed milk exports surged to $X in 2019. Over the period under review, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Greece (X tonnes) was the main destination for skimmed milk exports from Bulgaria, accounting for a X% share of total exports. Moreover, skimmed milk exports to Greece exceeded the volume sent to the second major destination, Romania (X tonnes), twofold. The third position in this ranking was occupied by Serbia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Greece totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Serbia (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to Greece totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Serbia (+X% per year).

Export Prices by Country

In 2019, the average skimmed milk export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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.

Skimmed Milk Imports

Imports into Bulgaria

In 2019, approx. X tonnes of skimmed milk were imported into Bulgaria; rising by X% against 2018 figures. Over the period under review, total imports indicated a buoyant expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, skimmed milk imports skyrocketed to $X in 2019. In general, imports continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

Poland (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main suppliers of skimmed milk imports to Bulgaria, together comprising X% of total imports. Latvia, Romania, Greece, Lithuania, France and Estonia lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and the Netherlands ($X) constituted the largest skimmed milk suppliers to Bulgaria, together comprising X% of total imports. These countries were followed by Latvia, Lithuania, Estonia, France, Greece and Romania, which together accounted for a further X terms of the main suppliers, Latvia (+X% per year) saw the highest growth rate of 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

The average skimmed milk import price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Latvia ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Greece, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for skimmed milk in the world?
+
The countries with the highest volumes of skimmed milk consumption in 2019 were the U.S. (1.5M tonnes), China (922K tonnes) and Brazil (735K tonnes), with a combined 23% share of global consumption.
What are the largest producers of skimmed milk in the world?
+
The countries with the highest volumes of skimmed milk production in 2019 were the U.S. (2.2M tonnes), New Zealand (1.9M tonnes) and Germany (982K tonnes), with a combined 36% share of global production. France, Brazil, the Netherlands, Peru, Malaysia, Mexico, the UK, Belgium, Belarus and Australia lagged somewhat behind, together comprising a further 33%.
What are the leading suppliers of skimmed milk to Bulgaria?
+
In value terms, the largest skimmed milk suppliers to Bulgaria were Poland ($16M), Germany ($10M) and the Netherlands ($5.6M), together accounting for 54% of total imports. Latvia, Lithuania, Estonia, France, Greece and Romania lagged somewhat behind, together accounting for a further 34%.
What are the leading importers of skimmed milk from Bulgaria?
+
In value terms, Greece ($3.2M) remains the key foreign market for skimmed milk exports from Bulgaria, comprising 49% of total exports. The second position in the ranking was occupied by Romania ($1.4M), with a 22% share of total exports. It was followed by Serbia, with a 15% share.
What is the average export price for skimmed milk in Bulgaria?
+
The average skimmed milk export price stood at $2,388 per tonne in 2019, increasing by 19% against the previous year.
What is the average import price for skimmed milk in Bulgaria?
+
The average skimmed milk import price stood at $1,721 per tonne in 2019, picking up by 14% against the previous year.

Product coverage:
• FCL 889 - Whole Milk, Condensed
• FCL 894 - Whole Milk, Evaporated
• FCL 895 - Skim Milk, Evaporated
• FCL 896 - Skim Milk, Condensed
• FCL 897 - Dry Whole Cow Milk
• FCL 898 - Dry Skim Cow Milk

This report provides an in-depth analysis of the skimmed milk 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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