Report Update Nov 1, 2024

Bulgaria - Frozen Salmonoids - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Bulgaria

For the third year in a row, the Bulgarian frozen salmonoids market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Frozen Salmonoids Production in Bulgaria

In value terms, frozen salmonoids production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a mild expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Frozen Salmonoids Exports

Exports from Bulgaria

In 2020, approx. X kg of frozen salmonoids were exported from Bulgaria; falling by -X% on the previous year. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tons in 2009; however, from 2010 to 2020, exports remained at a lower figure.

In value terms, frozen salmonoids exports fell rapidly to $X in 2020. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X kg) and Romania (X kg) were the main destinations of frozen salmonoids exports from Bulgaria.

From 2007 to 2020, the biggest increases were in Cyprus.

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

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

Export Prices by Country

The average frozen salmonoids export price stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the export price continues to indicate moderate growth. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

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

Imports into Bulgaria

In 2020, after two years of growth, there was significant decline in purchases abroad of frozen salmonoids, when their volume decreased by -X% to X tons. Over the period under review, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen salmonoids imports contracted significantly to $X in 2020. In general, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X tons) was the main supplier of frozen salmonoids to Bulgaria, accounting for a approx. X% share of total imports.

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

In value terms, the Netherlands ($X) constituted the largest supplier of frozen salmonoids to Bulgaria.

From 2007 to 2020, the average annual growth rate of value from the Netherlands totaled +X%.

Import Prices by Country

The average frozen salmonoids import price stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2017 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen salmonoids in the world?

The countries with the highest volumes of frozen salmonoids consumption in 2020 were the U.S., India and Pakistan, together accounting for 55% of global consumption. Togo, Guinea-Bissau, Mali, Thailand, Saudi Arabia, Myanmar, Cameroon, Mauritania, Canada and Bangladesh lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of frozen salmonoids in the world?

The countries with the highest volumes of frozen salmonoids production in 2020 were the U.S., India and Mauritania, together comprising 61% of global production.

What are the leading suppliers of frozen salmonoids to Bulgaria?

In value terms, the Netherlands constituted the largest supplier of frozen salmonoids to Bulgaria.

What are the leading importers of frozen salmonoids from Bulgaria?

In value terms, Cyprus remains the key foreign market for frozen salmonoids exports from Bulgaria, comprising 67% of total exports. The second position in the ranking was occupied by Romania, with a 33% share of total exports.

What is the average export price for frozen salmonoids in Bulgaria?

In 2020, the average frozen salmonoids export price amounted to $4,748 per ton, surging by 63% against the previous year.

What is the average import price for frozen salmonoids in Bulgaria?

The average frozen salmonoids import price stood at $1,327 per ton in 2020, waning by -57.3% against the previous year.

This report provides an in-depth analysis of the frozen salmonoids market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023