Bulgaria: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Bulgaria

The Bulgarian market for uncooked pasta (not containing eggs) expanded modestly to $X in 2021, rising by 4.8% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Uncooked Pasta (Not Containing Eggs) in Bulgaria

In value terms, uncooked pasta (not containing eggs) production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 31% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Bulgaria

In 2021, shipments abroad of uncooked pasta (not containing eggs) increased by 2.3% to X tons, rising for the third consecutive year after three years of decline. In general, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by 158%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, uncooked pasta (not containing eggs) exports surged to $X in 2021. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 126%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Romania (X tons), Iraq (X tons) and Greece (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from Bulgaria, with a combined 66% share of total exports. These countries were followed by Slovakia, North Macedonia, Germany, Bangladesh, Hungary, Belarus, Italy and Saudi Arabia, which together accounted for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +59.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), Romania ($X) and Greece ($X) were the largest markets for uncooked pasta (not containing eggs) exported from Bulgaria worldwide, together comprising 53% of total exports. North Macedonia, Germany, Hungary, Slovakia, Italy, Belarus, Saudi Arabia and Bangladesh lagged somewhat behind, together accounting for a further 34%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +66.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, rising by 28% against the previous year. In general, the export price, however, recorded a perceptible downturn. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Bulgaria

In 2021, the amount of uncooked pasta (not containing eggs) imported into Bulgaria rose remarkably to X tons, increasing by 9.1% compared with the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 13% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, uncooked pasta (not containing eggs) imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.8% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Greece (X tons) constituted the largest uncooked pasta (not containing eggs) supplier to Bulgaria, with a 54% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Greece exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Turkey (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Greece stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.0% per year) and Turkey (+7.5% per year).

In value terms, Greece ($X) constituted the largest supplier of uncooked pasta (not containing eggs) to Bulgaria, comprising 57% of total imports. The second position in the ranking was taken by Italy ($X), with a 25% share of total imports. It was followed by Turkey, with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.5% per year) and Turkey (+5.6% per year).

Import Prices by Country

The average import price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, with an increase of 10% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 11%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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