Bulgaria: Bambara Bean Market 2025

Bambara Bean Market Size in Bulgaria

The Bulgarian bambara bean market expanded rapidly to $X in 2022, picking up by 6.2% against the previous year. Overall, consumption, however, recorded a mild downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Bambara Bean Production in Bulgaria

In value terms, bambara bean production stood at $X in 2022 estimated in export price. Overall, production, however, showed a slight expansion. The growth pace was the most rapid in 2013 when the production volume increased by 49%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of bambara beans in Bulgaria stood at less than X kg per ha in 2022, stabilizing at the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The bambara bean harvested area in Bulgaria was estimated at less than X ha in 2022, remaining relatively unchanged against the year before. In general, the harvested area showed a relatively flat trend pattern.

Bambara Bean Exports

Exports from Bulgaria

Bambara bean exports from Bulgaria contracted remarkably to X kg in 2022, reducing by -99.1% compared with the year before. Overall, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 627% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, bambara bean exports fell dramatically to $X in 2022. In general, exports showed a sharp decline. The pace of growth appeared the most rapid in 2017 when exports increased by 973% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X kg) was the main destination for bambara bean exports from Bulgaria, accounting for a 96% share of total exports. Moreover, bambara bean exports to Cyprus exceeded the volume sent to the second major destination, Switzerland (X kg), more than tenfold.

From 2015 to 2022, the average annual growth rate of volume to Cyprus totaled -45.8%.

In value terms, Cyprus ($X) emerged as the key foreign market for bambara beans exports from Bulgaria, comprising 91% of total exports. The second position in the ranking was taken by Switzerland ($X), with an 8.5% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of value to Cyprus stood at -37.1%.

Export Prices by Country

The average bambara bean export price stood at $X per ton in 2022, surging by 88% against the previous year. Over the period under review, the export price showed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Cyprus totaled $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bambara Bean Imports

Imports into Bulgaria

In 2022, imports of bambara beans into Bulgaria soared to X tons, with an increase of 581% compared with the previous year's figure. Overall, imports, however, faced a deep reduction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, bambara bean imports surged to $X in 2022. Over the period under review, imports, however, saw a sharp decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Greece (X tons) was the main supplier of bambara bean to Bulgaria, accounting for a 99% share of total imports. It was followed by Spain (X kg), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Greece amounted to +5.7%.

In value terms, Greece ($X) constituted the largest supplier of bambara beans to Bulgaria, comprising 97% of total imports. The second position in the ranking was taken by Spain ($X), with a 2.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Greece amounted to -1.6%.

Import Prices by Country

In 2022, the average bambara bean import price amounted to $X per ton, shrinking by -43.8% against the previous year. Overall, the import price recorded a noticeable setback. The growth pace was the most rapid in 2016 when the average import price increased by 162%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Spain ($X per ton), while the price for Greece stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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