Bulgaria: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Bulgaria

In 2022, the Bulgarian wine of fresh grapes market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Bulgaria

In value terms, wine of fresh grapes production reached $X in 2022 estimated in export price. Over the period under review, production saw a slight descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Bulgaria

In 2022, the amount of wine of fresh grapes (except sparkling wine) exported from Bulgaria shrank notably to X litres, with a decrease of X% against the previous year's figure. Over the period under review, exports faced a drastic downturn. The smallest decline of X% was in 2017. Over the period under review, the exports reached the maximum at X litres in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wine of fresh grapes exports reduced dramatically to $X in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X litres), Sweden (X litres) and the Czech Republic (X litres) were the main destinations of wine of fresh grapes exports from Bulgaria, together accounting for X% of total exports. Russia, the UK, the United States, Belgium, Japan, the Netherlands, Germany and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Sweden ($X) and the Czech Republic ($X) were the largest markets for wine of fresh grapes exported from Bulgaria worldwide, with a combined X% share of total exports. The United States, the UK, Russia, Belgium, Japan, the Netherlands, Germany and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, 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

In 2022, the average wine of fresh grapes export price amounted to $X per litre, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per litre), while the average price for exports to Poland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Bulgaria

In 2022, overseas purchases of wine of fresh grapes (except sparkling wine) decreased by X% to X litres for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X litres in 2021, and then reduced in the following year.

In value terms, wine of fresh grapes imports fell to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

Spain (X litres), Italy (X litres) and France (X litres) were the main suppliers of wine of fresh grapes imports to Bulgaria, with a combined X% share of total imports. North Macedonia, Germany, South Africa, New Zealand and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wine of fresh grapes suppliers to Bulgaria were France ($X), Italy ($X) and New Zealand ($X), together comprising X% of total imports. Germany, Spain, North Macedonia, South Africa and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wine of fresh grapes import price stood at $X per litre in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per litre), while the price for North Macedonia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform