Bulgaria: Fig Market 2025

Fig Market Size in Bulgaria

After three years of growth, the Bulgarian fig market decreased by -56.8% to $X in 2022. Overall, consumption, however, recorded buoyant growth. As a result, consumption reached the peak level of $X, and then contracted sharply in the following year.

Fig Production in Bulgaria

In value terms, fig production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, faced a deep slump. Fig production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average fig yield in Bulgaria surged to X tons per ha, jumping by 275% compared with 2021 figures. Overall, the yield recorded a significant increase. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of figs were harvested in Bulgaria; with a decrease of -60% compared with the year before. Overall, the harvested area recorded a precipitous slump. The fig harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Fig Exports

Exports from Bulgaria

In 2022, overseas shipments of figs increased by 48% to X tons, rising for the second consecutive year after four years of decline. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,663% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, fig exports skyrocketed to $X in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 1,708% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Poland (X tons) and Romania (X tons) were the main destinations of fig exports from Bulgaria, with a combined 78% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +140.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fig exported from Bulgaria were Germany ($X), Poland ($X) and Romania ($X), together comprising 78% of total exports. The Czech Republic, France, Hungary, Slovakia, Austria and Lithuania lagged somewhat behind, together comprising a further 20%.

France, with a CAGR of +155.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 fig export price amounted to $X per ton, reducing by -20.6% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 2015 when the average export price increased by 38%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then fell remarkably in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($X per ton) and France ($X per ton), while the average price for exports to Austria ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Bulgaria

In 2022, imports of figs into Bulgaria amounted to X tons, approximately reflecting the year before. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 573% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, fig imports contracted significantly to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,071%. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest fig supplier to Bulgaria, with a 89% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled +25.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+11.9% per year) and Germany (+89.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of figs to Bulgaria, comprising 94% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+77.5% per year) and Greece (+1.9% per year).

Import Prices by Country

The average fig import price stood at $X per ton in 2022, dropping by -27.5% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 74%. As a result, import price reached the peak level of $X per ton, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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