Bulgaria: Fruit Flour Market 2025

Fruit Flour Market Size in Bulgaria

In 2022, the Bulgarian fruit flour market decreased by -84.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a drastic downturn. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Fruit Flour Production in Bulgaria

In value terms, fruit flour production dropped to $X in 2022 estimated in export price. Overall, production saw a mild descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 2.3%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fruit Flour Exports

Exports from Bulgaria

In 2022, overseas shipments of fruit flour increased by 634% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit flour exports skyrocketed to $X in 2022. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 163% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for fruit flour exports from Bulgaria, with a 76% share of total exports. Moreover, fruit flour exports to Turkey exceeded the volume sent to the second major destination, Luxembourg (X tons), sevenfold. The third position in this ranking was held by Germany (X tons), with a 3.6% share.

From 2013 to 2022, the average annual growth rate of volume to Turkey stood at +4,867.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (0.0% per year) and Germany (+107.4% per year).

In value terms, the largest markets for fruit flour exported from Bulgaria were Turkey ($X), Germany ($X) and Luxembourg ($X), together comprising 63% of total exports.

Turkey, with a CAGR of +604.7%, saw the highest growth rate of the value of exports, among 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

The average fruit flour export price stood at $X per ton in 2022, which is down by -84.2% against the previous year. Overall, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of 428% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+18.2%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit Flour Imports

Imports into Bulgaria

In 2022, fruit flour imports into Bulgaria expanded markedly to X tons, increasing by 15% compared with the previous year's figure. In general, imports, however, faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fruit flour imports declined modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 84% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Greece (X tons) and Sri Lanka (X tons) were the main suppliers of fruit flour imports to Bulgaria, with a combined 67% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +61.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of fruit flour to Bulgaria, comprising 36% of total imports. The second position in the ranking was taken by Georgia ($X), with an 8% share of total imports. It was followed by Turkey, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +52.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (-18.4% per year) and Turkey (+38.0% per year).

Import Prices by Country

In 2022, the average fruit flour import price amounted to $X per ton, declining by -14.4% against the previous year. In general, the import price, however, posted a significant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 473%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, 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 Italy ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :