Report Bulgaria - Vegetable - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 1, 2022

Bulgaria - Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Vegetable Market 2022

Vegetable Market Size in Bulgaria

In 2021, the Bulgarian vegetable market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Vegetable consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Vegetable Production in Bulgaria

In value terms, vegetable production amounted to $X in 2021 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2016 when the production volume increased by X%. Vegetable production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

The average yield of vegetables in Bulgaria rose significantly to X tonnes per ha in 2021, picking up by X% against 2020. The yield figure increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the yield increased by X%. Over the period under review, the average vegetable yield attained the maximum level in 2021 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of vegetables were harvested in Bulgaria; falling by -X% against the previous year. Overall, the harvested area showed a pronounced contraction. The growth pace was the most rapid in 2017 when the harvested area increased by X% against the previous year. The vegetable harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Vegetable Exports

Exports from Bulgaria

In 2021, exports of vegetables from Bulgaria surged to X tonnes, with an increase of X% compared with the year before. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, vegetable exports soared to $X in 2021. In general, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tonnes) was the main destination for vegetable exports from Bulgaria, with a X% share of total exports. Moreover, vegetable exports to Romania exceeded the volume sent to the second major destination, Germany (X tonnes), threefold. The Czech Republic (X tonnes) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Romania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Czech Republic (+X% per year).

In value terms, the largest markets for vegetable exported from Bulgaria were Romania ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total exports. Hungary, Poland and Greece lagged somewhat behind, together comprising a further X terms of the main countries of destination, Hungary, with a CAGR of +X%, recorded 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 vegetable export price stood at $X per tonne in 2021, picking up by X% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vegetable export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

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

Vegetable Imports

Imports into Bulgaria

In 2021, the amount of vegetables imported into Bulgaria stood at X tonnes, growing by X% on the previous year's figure. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, vegetable imports surged to $X in 2021. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Turkey (X tonnes) constituted the largest vegetable supplier to Bulgaria, accounting for a X% share of total imports. Moreover, vegetable imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +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 ($X) constituted the largest supplier of vegetable to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with an X% share of total imports. It was followed by Greece, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms 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 Greece (-X% per year).

Import Prices by Country

In 2021, the average vegetable import price amounted to $X per tonne, growing by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vegetable import price increased by +X% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetables in the world?
+
China remains the largest vegetable consuming country worldwide, comprising approx. 45% of total volume. Moreover, vegetable consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The United States ranked third in terms of total consumption with a 3.6% share.
What are the largest producers of vegetables in the world?
+
China remains the largest vegetable producing country worldwide, accounting for 45% of total volume. Moreover, vegetable production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 3.3% share.
What are the leading suppliers of vegetables to Bulgaria?
+
In value terms, Turkey constituted the largest supplier of vegetable to Bulgaria, comprising 59% of total imports. The second position in the ranking was occupied by Germany, with an 11% share of total imports. It was followed by Greece, with a 9.6% share.
What are the leading importers of vegetables from Bulgaria?
+
In value terms, Romania, Germany and the Czech Republic appeared to be the largest markets for vegetable exported from Bulgaria worldwide, with a combined 51% share of total exports. Hungary, Poland and Greece lagged somewhat behind, together comprising a further 12%.
What is the average export price for vegetables in Bulgaria?
+
In 2021, the average vegetable export price amounted to $1,808 per tonne, with an increase of 22% against the previous year.
What is the average import price for vegetables in Bulgaria?
+
In 2021, the average vegetable import price amounted to $602 per tonne, rising by 13% against the previous year.

This report provides an in-depth analysis of the vegetable 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 2030.


Product coverage:
• FCL 116 - Potatoes
• FCL 388 - Tomatoes, fresh
• FCL 402 - Onions, shallots (green)
• FCL 403 - Onions, dry
• FCL 406 - Garlic
• FCL 407 - Leeks and other alliaceous vegetables
• FCL 393 - Cauliflowers and broccoli
• FCL 372 - Lettuce and chicory
• FCL 426 - Carrot
• FCL 397 - Cucumbers and gherkins
• FCL 417 - Peas, green
• FCL 414 - Beans, green
• FCL 423 - String Beans
• FCL 367 - Asparagus
• FCL 399 - Eggplants
• FCL 401 - Chillies and peppers (green)
• FCL 373 - Spinach
• FCL 260 - Olives
• FCL 394 - Pumpkins, squash and gourds
• FCL 463 - Vegetables, Fresh n.e.s.
• FCL 446 - Green Corn (Maize)
• FCL 430 - Okra
• FCL 394 - Pumpkins, squash and gourds
• FCL 378 - Cassava leaves
• FCL 366 - Artichokes
• FCL 260 - Olives
• FCL 358 - Cabbages
• FCL 449 - Mushrooms
• FCL 366 - Artichokes
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

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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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