Bulgaria: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Bulgaria

The Bulgarian frozen boiled potatoes market soared to $X in 2020, picking up by X% against the previous year. In general, consumption saw a temperate expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Frozen boiled potatoes consumption peaked at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Frozen Boiled Potatoes Production in Bulgaria

In value terms, frozen boiled potatoes production contracted sharply to $X in 2020 estimated in export prices. In general, production recorded a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Frozen Boiled Potatoes Exports

Exports from Bulgaria

Frozen boiled potatoes exports from Bulgaria declined sharply to X tons in 2020, waning by -X% against the previous year's figure. In general, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, frozen boiled potatoes exports declined dramatically to $X in 2020. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Greece (X tons) was the main destination for frozen boiled potatoes exports from Bulgaria, accounting for a X% share of total exports. Moreover, frozen boiled potatoes exports to Greece exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold.

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

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

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

Export Prices by Country

The average frozen boiled potatoes export price stood at $X per ton in 2020, waning by -X% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Romania ($X per ton), while the average price for exports to Greece totaled $X per ton.

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

Frozen Boiled Potatoes Imports

Imports into Bulgaria

Frozen boiled potatoes imports into Bulgaria surged to X tons in 2020, jumping by X% against 2019 figures. In general, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at X tons in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen boiled potatoes imports soared to $X in 2020. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest frozen boiled potatoes supplier to Bulgaria, accounting for a X% share of total imports. Moreover, frozen boiled potatoes imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) were the largest frozen boiled potatoes suppliers to Bulgaria, together accounting for X% of total imports. Poland, France and Greece lagged somewhat behind, together accounting for a further X terms of the main suppliers, France recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen boiled potatoes import price stood at $X per ton in 2020, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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