Bulgaria: Blueberry And Cranberry Market 2024

Blueberry And Cranberry Market Size in Bulgaria

For the ninth consecutive year, the Bulgarian blueberry and cranberry market recorded growth in sales value, which increased by 14% to $X in 2022. Overall, consumption recorded a remarkable increase. Blueberry and cranberry consumption peaked in 2022 and is expected to retain growth in the immediate term.

Blueberry And Cranberry Production in Bulgaria

In value terms, blueberry and cranberry production fell markedly to $X in 2022 estimated in export price. Over the period under review, production recorded slight growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 368% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of blueberries and cranberries in Bulgaria expanded markedly to X tons per ha in 2022, with an increase of 10% on 2021. Overall, the yield, however, saw a noticeable reduction. The blueberry and cranberry yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the blueberry and cranberry harvested area in Bulgaria soared to X ha, rising by 23% on 2021. In general, the harvested area showed a relatively flat trend pattern. The blueberry and cranberry harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Blueberry And Cranberry Exports

Exports from Bulgaria

In 2022, shipments abroad of blueberries and cranberries was finally on the rise to reach X tons after three years of decline. In general, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by 1,696% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, blueberry and cranberry exports soared to $X in 2022. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2013 when exports increased by 1,258% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for blueberry and cranberry exports from Bulgaria, accounting for a 19% share of total exports. It was followed by Switzerland (X kg), with a 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to +13.1%.

In value terms, Romania ($X) emerged as the key foreign market for blueberries and cranberries exports from Bulgaria, comprising 19% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Romania amounted to +24.1%.

Export Prices by Country

In 2022, the average blueberry and cranberry export price amounted to $X per ton, jumping by 63% against the previous year. In general, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 350% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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 Romania totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+649.7%), while the prices for the other major destinations experienced more modest paces of growth.

Blueberry And Cranberry Imports

Imports into Bulgaria

For the eleventh year in a row, Bulgaria recorded growth in supplies from abroad of blueberries and cranberries, which increased by 19% to X tons in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 184% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, blueberry and cranberry imports rose sharply to $X in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 241%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of blueberry and cranberry imports to Bulgaria, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +113.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blueberry and cranberry suppliers to Bulgaria were the Netherlands ($X), Germany ($X) and Spain ($X), with a combined 86% share of total imports.

Spain, with a CAGR of +83.3%, recorded the highest rates of growth with regard to 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 blueberry and cranberry import price stood at $X per ton in 2022, which is down by -10.3% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 29% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then shrank in the following year.

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 the Czech Republic ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :