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Bulgaria - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights
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Bulgaria: Wheat Gluten Market Overview 2021

Wheat Gluten Market Size in Bulgaria

The Bulgarian wheat gluten market declined to $X in 2020, which is down by -X% against the previous year. Overall, consumption saw a pronounced downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Wheat Gluten Production in Bulgaria

In value terms, wheat gluten production reduced modestly to $X in 2020 estimated in export prices. In general, production showed a slight decline. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

Wheat Gluten Exports

Exports from Bulgaria

In 2020, shipments abroad of wheat gluten increased by X% to X tonnes, rising for the seventh consecutive year after three years of decline. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to continue growth in years to come.

In value terms, wheat gluten exports skyrocketed to $X in 2020. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

Exports by Country

Greece (X tonnes) was the main destination for wheat gluten exports from Bulgaria, with a X% share of total exports. Moreover, wheat gluten exports to Greece exceeded the volume sent to the second major destination, Romania (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume to Greece totaled +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Greece totaled +X%.

Export Prices by Country

The average wheat gluten export price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Greece ($X per tonne), while the average price for exports to Romania stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania.

Wheat Gluten Imports

Imports into Bulgaria

In 2020, overseas purchases of wheat gluten decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wheat gluten imports declined significantly to $X in 2020. Overall, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, France (X tonnes) constituted the largest supplier of wheat gluten to Bulgaria, with a X% share of total imports. Moreover, wheat gluten imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. Austria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Austria (+X% per year).

In value terms, France ($X) constituted the largest supplier of wheat gluten to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value from France amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Austria (+X% per year).

Import Prices by Country

The average wheat gluten import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price showed a slight reduction. The growth pace was the most rapid in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Germany ($X per tonne) and Austria ($X per tonne), while the price for the Netherlands ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat gluten in the world?
+
China (679K tonnes) remains the largest wheat gluten consuming country worldwide, accounting for 16% of total volume. Moreover, wheat gluten consumption in China exceeded the figures recorded by the second-largest consumer, India (274K tonnes), twofold. The U.S. (259K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of wheat gluten in the world?
+
China (766K tonnes) constituted the country with the largest volume of wheat gluten production, accounting for 18% of total volume. Moreover, wheat gluten production in China exceeded the figures recorded by the second-largest producer, India (262K tonnes), threefold. The third position in this ranking was occupied by Germany (210K tonnes), with a 5% share.
What are the leading suppliers of wheat gluten to Bulgaria?
+
In value terms, France ($391K) constituted the largest supplier of wheat gluten to Bulgaria, comprising 53% of total imports. The second position in the ranking was occupied by Italy ($129K), with a 17% share of total imports. It was followed by Austria, with a 14% share.
What are the leading importers of wheat gluten from Bulgaria?
+
In value terms, Greece ($206K) remains the key foreign market for wheat gluten exports from Bulgaria, comprising 73% of total exports. The second position in the ranking was occupied by Romania ($77K), with a 27% share of total exports.
What is the average export price for wheat gluten in Bulgaria?
+
In 2020, the average wheat gluten export price amounted to $977 per tonne, falling by -14% against the previous year.
What is the average import price for wheat gluten in Bulgaria?
+
The average wheat gluten import price stood at $1,253 per tonne in 2020, which is down by -19.6% against the previous year.

Product coverage:
• Prodcom 10621150 - Wheat gluten (excluding wheat gluten prepared for use as a glue or as a glazing or dressing for the textile industry)

This report provides an in-depth analysis of the wheat gluten 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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