Report Update Jan 1, 2025

Bulgaria - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Oleo Oils Market 2025

Oleo Oils Market Size in Bulgaria

In 2021, the Bulgarian oleo oils market increased by 137,674% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a abrupt slump. Oleo oils consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Oleo Oils Production in Bulgaria

In value terms, oleo oils production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the production volume decreased by -16.7% against the previous year. Oleo oils production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Oleo Oils Exports

Exports from Bulgaria

In 2019, after three years of decline, there was significant growth in overseas shipments of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, when their volume increased by 259% to X tons. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 772%. The exports peaked in 2019 and are likely to see steady growth in the immediate term.

In value terms, oleo oils exports surged to $X in 2019. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 1,429%. 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 oleo oils exports from Bulgaria, with a 88% share of total exports. Moreover, oleo oils exports to Italy exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+2.7% per year) and France (+24.8% per year).

In value terms, Italy ($X) emerged as the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from Bulgaria, comprising 69% of total exports. The second position in the ranking was held by Romania ($X), with a 14% share of total exports. It was followed by Greece, with a 12% share.

From 2012 to 2019, the average annual growth rate of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+9.6% per year) and Greece (+7.4% per year).

Export Prices by Country

In 2019, the average oleo oils export price amounted to $X per ton, declining by -61.1% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 75% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2019, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Greece ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+6.7%), while the prices for the other major destinations experienced a decline.

Oleo Oils Imports

Imports into Bulgaria

In 2021, purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by 0% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 1,201% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, oleo oils imports totaled $X in 2021. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when imports increased by 789%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the main oleo oils supplier to Bulgaria, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +56.1%.

In value terms, the Netherlands ($X) constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Bulgaria.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +39.7%.

Import Prices by Country

In 2021, the average oleo oils import price amounted to $X per ton, flattening at the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to +1.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of oleo oils consumption in 2020 were Ireland, the United States and Malaysia, together comprising 57% of global consumption. These countries were followed by the UK, Sudan, Egypt and the Netherlands, which together accounted for a further 31%.

What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of oleo oils production in 2020 were the UK, Ireland and the United States, with a combined 75% share of global production.

What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Bulgaria?

In value terms, the largest oleo oils suppliers to Bulgaria were Egypt, the UK and Romania, together accounting for 100% of total imports.

What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Bulgaria?

In value terms, Greece remains the key foreign market for oleo oils exports from Bulgaria, comprising 53% of total exports. The second position in the ranking was occupied by Romania, with a 7.2% share of total exports.

What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Bulgaria?

The average oleo oils export price stood at $1,495 per ton in 2019, flattening at the previous year.

What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Bulgaria?

The average oleo oils import price stood at $873 per ton in 2019, approximately mirroring the previous year.

This report provides an in-depth analysis of the oleo oils 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 2030.

Product coverage:

Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024