Report Update Nov 1, 2024

Bulgaria - Grape Juice - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Bulgaria

In 2021, the Bulgarian grape juice (single strength) market decreased by -95.9% to $X, falling for the third consecutive year after two years of growth. Overall, consumption saw a dramatic decline. Grape juice (single strength) consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports from Bulgaria

In 2019, overseas shipments of grape juice (single strength) increased by 15% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by 160% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2019, the growth of the exports remained at a lower figure.

In value terms, grape juice (single strength) exports skyrocketed to $X in 2019. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 104% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for grape juice (single strength) exports from Bulgaria, accounting for a 98% share of total exports. It was followed by the United States (X kg), with a 2.1% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Italy totaled -10.1%.

In value terms, Italy ($X) remains the key foreign market for grape juice (single strength) exports from Bulgaria, comprising 96% of total exports. The second position in the ranking was held by the United States ($X), with a 3% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Italy amounted to -11.4%.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2019, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 64% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2019, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2019, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.8%).

Imports of Grape Juice (Single Strength)

Imports into Bulgaria

In 2021, purchases abroad of grape juice (single strength) decreased by -96.9% to X tons, falling for the third year in a row after five years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 5,120%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports dropped dramatically to $X in 2021. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 3,436% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of grape juice (single strength) to Bulgaria, with a 72% share of total imports. Moreover, grape juice (single strength) imports from Austria exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was held by Germany (X kg), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to +188.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+95.8% per year) and Germany (+114.6% per year).

In value terms, Turkey ($X), Austria ($X) and Germany ($X) appeared to be the largest grape juice (single strength) suppliers to Bulgaria, together accounting for 96% of total imports.

Turkey, with a CAGR of +186.2%, recorded the highest growth rate of 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 grape juice (single strength) import price stood at $X per ton in 2021, jumping by 375% against the previous year. In general, the import price enjoyed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape juice (single strength) in the world?

The countries with the highest volumes of grape juice single strength) consumption in 2021 were the United States, Italy and Argentina, together comprising 53% of global consumption. Germany, Brazil, Chile, Spain, Iran, France, Uzbekistan, Austria and the Netherlands lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of grape juice (single strength) in the world?

The countries with the highest volumes of grape juice single strength) production in 2021 were the United States, Italy and Spain, with a combined 64% share of global production. These countries were followed by Argentina, Brazil, Chile and Iran, which together accounted for a further 28%.

What are the leading suppliers of grape juice (single strength) to Bulgaria?

In value terms, Turkey, Austria and Germany $843) constituted the largest grape juice single strength) suppliers to Bulgaria, together comprising 96% of total imports.

What are the leading importers of grape juice (single strength) from Bulgaria?

In value terms, the United States remains the key foreign market for grape juice single strength) exports from Bulgaria.

What is the average export price for grape juice (single strength) in Bulgaria?

In 2019, the average grape juice single strength) export price amounted to $816 per ton, surging by 4.4% against the previous year.

What is the average import price for grape juice (single strength) in Bulgaria?

The average grape juice single strength) import price stood at $1,736 per ton in 2021, with an increase of 151% against the previous year.

This report provides an in-depth analysis of the market for grape juice (single strength) 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 2030.

Product coverage:

FCL 562 - Juice of Grape

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