Bulgaria: Mango And Mangosteen Market 2025

Mango And Mangosteen Market Size in Bulgaria

The Bulgarian mango and mangosteen market surged to $X in 2022, rising by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a significant increase. Mango and mangosteen consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Mango And Mangosteen Exports

Exports from Bulgaria

In 2022, shipments abroad of mangoes, mangosteens and guavas decreased by -16.4% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 1,581%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, mango and mangosteen exports dropped remarkably to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 590%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Romania (X tons), Luxembourg (X tons) and Germany (X tons) were the main destinations of mango and mangosteen exports from Bulgaria, together accounting for 90% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +699.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Romania ($X) and Luxembourg ($X) were the largest markets for mango and mangosteen exported from Bulgaria worldwide, with a combined 84% share of total exports.

Luxembourg, with a CAGR of +581.8%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average mango and mangosteen export price amounted to $X per ton, falling by -10.1% against the previous year. Overall, the export price recorded a slight downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 437% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.9%), while the prices for the other major destinations experienced a decline.

Mango And Mangosteen Imports

Imports into Bulgaria

In 2022, the amount of mangoes, mangosteens and guavas imported into Bulgaria surged to X tons, rising by 29% against 2021. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 80% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, mango and mangosteen imports surged to $X in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 111%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest mango and mangosteen supplier to Bulgaria, accounting for a 69% share of total imports. Moreover, mango and mangosteen imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold. Hungary (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+58.5% per year) and Hungary (+39.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of mangoes, mangosteens and guavas to Bulgaria, comprising 63% of total imports. The second position in the ranking was taken by Spain ($X), with a 16% share of total imports. It was followed by Hungary, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+61.0% per year) and Hungary (+38.1% per year).

Import Prices by Country

In 2022, the average mango and mangosteen import price amounted to $X per ton, falling by -9.8% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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