Bulgaria: Candied Fruit Market 2025

Candied Fruit Exports

Exports from Bulgaria

In 2021, the amount of candied fruits exported from Bulgaria surged to X tons, growing by 57% on the year before. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 162%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, candied fruit exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 291% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons), South Africa (X tons) and Thailand (X tons) were the main destinations of candied fruit exports from Bulgaria, with a combined 79% share of total exports. These countries were followed by the UK, Germany, Russia, France, Guatemala, Greece, the United States and Mexico, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +760.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for candied fruit exports from Bulgaria, comprising 46% of total exports. The second position in the ranking was held by South Africa ($X), with a 23% share of total exports. It was followed by Thailand, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +120.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+55.4% per year) and Thailand (+33.5% per year).

Export Prices by Country

In 2021, the average candied fruit export price amounted to $X per ton, with an increase of 2.2% against the previous year. Overall, the export price recorded a mild increase. The pace of growth appeared the most rapid in 2016 an increase of 49% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Bulgaria

For the third consecutive year, Bulgaria recorded decline in purchases abroad of candied fruits, which decreased by -5.8% to X tons in 2021. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 275%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, candied fruit imports rose remarkably to $X in 2021. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 175% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of candied fruit to Bulgaria, accounting for a 61% share of total imports. Moreover, candied fruit imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Thailand (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +98.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+24.5% per year) and Thailand (+19.4% per year).

In value terms, the largest candied fruit suppliers to Bulgaria were Italy ($X), Germany ($X) and Thailand ($X), with a combined 79% share of total imports.

Germany, with a CAGR of +90.7%, saw the highest rates of growth with regard to the value of imports, in terms of 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 candied fruit import price stood at $X per ton in 2021, rising by 14% against the previous year. In general, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of 39%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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