Report Bulgaria - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Bulgaria - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Seeds, Fruit and Spores Used for Sowing 2025

Market Size for Seeds, Fruit and Spores Used for Sowing in Bulgaria

The Bulgarian market for seeds, fruit and spores used for sowing dropped remarkably to $X in 2022, waning by -32.4% against the previous year. In general, consumption showed a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Seeds, Fruit and Spores Used for Sowing in Bulgaria

In value terms, production of seeds, fruit and spores used for sowing fell to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 25%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

In 2022, the average yield of seeds, fruit and spores used for sowing in Bulgaria totaled less than X kg per ha, approximately equating the year before. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of seeds, fruit and spores used for sowing production in Bulgaria was estimated at less than X ha, approximately reflecting 2021. Over the period under review, the harvested area showed a relatively flat trend pattern.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports from Bulgaria

In 2022, shipments abroad of seeds, fruit and spores used for sowing decreased by -33.5% to X tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 170% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of seeds, fruit and spores used for sowing shrank markedly to $X in 2022. In general, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 265%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for exports of seeds, fruit and spores used for sowing from Bulgaria, with a 63% share of total exports. Moreover, exports of seeds, fruit and spores used for sowing to Romania exceeded the volume sent to the second major destination, Lithuania (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to +61.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+1,711.7% per year) and Greece (+14.4% per year).

In value terms, Romania ($X) remains the key foreign market for seeds, fruit and spores used for sowing exports from Bulgaria, comprising 72% of total exports. The second position in the ranking was taken by Greece ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Romania amounted to +72.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+24.3% per year) and Lithuania (+819.8% per year).

Export Prices by Country

The average export price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, picking up by 1.7% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 215%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Lithuania ($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 Germany (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports into Bulgaria

After two years of growth, supplies from abroad of seeds, fruit and spores used for sowing decreased by -50.2% to X tons in 2022. In general, imports saw a noticeable setback. The pace of growth was the most pronounced in 2020 when imports increased by 103% against the previous year. Imports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, imports of seeds, fruit and spores used for sowing dropped sharply to $X in 2022. Over the period under review, imports faced a deep setback. The growth pace was the most rapid in 2016 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), Italy (X tons) and Greece (X tons) were the main suppliers of imports of seeds, fruit and spores used for sowing to Bulgaria, together comprising 66% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +99.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest seed, fruit and spore used for sowing suppliers to Bulgaria were Greece ($X), Italy ($X) and Austria ($X), with a combined 47% share of total imports.

Among the main suppliers, Austria, with a CAGR of +77.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price, however, saw a abrupt setback. The growth pace was the most rapid in 2016 when the average import price increased by 32%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Indonesia remains the largest palm kernel consuming country worldwide, comprising approx. 57% of total volume. Moreover, palm kernel consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. The third position in this ranking was occupied by Thailand, with a 3.7% share.
Indonesia remains the largest palm kernel producing country worldwide, comprising approx. 57% of total volume. Moreover, palm kernel production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold. Thailand ranked third in terms of total production with a 3.7% share.
In value terms, Italy constituted the largest supplier of palm kernel to Bulgaria, comprising 43% of total imports. The second position in the ranking was occupied by Austria, with an 11% share of total imports. It was followed by the Netherlands, with a 6.6% share.
In value terms, Romania remains the key foreign market for palm kernel exports from Bulgaria, comprising 73% of total exports. The second position in the ranking was occupied by Iran, with a 12% share of total exports. It was followed by Germany, with a 6.1% share.
In 2021, the average palm kernel export price amounted to $3,521 per ton, jumping by 163% against the previous year.
The average palm kernel import price stood at $3,032 per ton in 2021, which is down by -13.9% against the previous year.

This report provides an in-depth analysis of the market for seed, fruit and spore used for sowing 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 256 - Palm kernels

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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