Bulgaria: Market for Nuts (Prepared Or Preserved) 2025

Market Size for Nuts (Prepared Or Preserved) in Bulgaria

In 2021, the Bulgarian nuts (prepared or preserved) market increased by 3.6% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a deep setback. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Nuts (Prepared Or Preserved) in Bulgaria

In value terms, nuts (prepared or preserved) production expanded slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 when the production volume increased by 44%. Nuts (prepared or preserved) production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Nuts (Prepared Or Preserved)

Exports from Bulgaria

In 2021, after five years of growth, there was significant decline in shipments abroad of nuts (prepared or preserved), when their volume decreased by -17.6% to X tons. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 63% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then fell dramatically in the following year.

In value terms, nuts (prepared or preserved) exports declined to $X in 2021. In general, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 78%. The exports peaked at $X in 2020, and then dropped modestly in the following year.

Exports by Country

Romania (X tons) was the main destination for nuts (prepared or preserved) exports from Bulgaria, with a 60% share of total exports. Moreover, nuts (prepared or preserved) exports to Romania exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The Czech Republic (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Romania totaled +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+176.2% per year) and the Czech Republic (+161.4% per year).

In value terms, Romania ($X) remains the key foreign market for nuts (prepared or preserved) exports from Bulgaria, comprising 57% of total exports. The second position in the ranking was taken by Germany ($X), with a 15% share of total exports. It was followed by the United States, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value to Romania amounted to +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+185.2% per year) and the United States (+25.4% per year).

Export Prices by Country

In 2021, the average nuts (prepared or preserved) export price amounted to $X per ton, rising by 17% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Greece ($X per ton), while the average price for exports to Poland ($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 Turkey (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports into Bulgaria

In 2021, overseas purchases of nuts (prepared or preserved) increased by 3.5% to X tons, rising for the second year in a row after four years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, nuts (prepared or preserved) imports rose slightly to $X in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.9% against 2018 indices. The growth pace was the most rapid in 2020 when imports increased by 36%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of nuts (prepared or preserved) to Bulgaria, with a 49% share of total imports. Moreover, nuts (prepared or preserved) imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Greece (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+38.6% per year) and Greece (-0.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of nuts (prepared or preserved) to Bulgaria, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Greece, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+35.5% per year) and Greece (-1.7% per year).

Import Prices by Country

The average nuts (prepared or preserved) import price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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