Bulgaria: Green Peas Market 2025

Green Peas Market Size in Bulgaria

In 2022, the Bulgarian green peas market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Green Peas Production in Bulgaria

In value terms, green peas production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 153% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

In 2022, the average green peas yield in Bulgaria surged to X tons per ha, jumping by 69% against 2021. In general, the yield continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 444% against the previous year. The green peas yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of peas (green) were harvested in Bulgaria; growing by 12% compared with the year before. In general, the harvested area, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 133%. The green peas harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Green Peas Exports

Exports from Bulgaria

In 2022, shipments abroad of peas (green) decreased by -64.3% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports, however, saw a prominent increase. The growth pace was the most rapid in 2016 with an increase of 5,967% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, green peas exports reduced sharply to $X in 2022. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 3,849%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of green peas exports from Bulgaria, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +33.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Greece ($X) emerged as the key foreign market for peas (green) exports from Bulgaria, comprising 64% of total exports. The second position in the ranking was held by Germany ($X), with a 24% share of total exports. It was followed by Italy, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value to Greece totaled +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+39.3% per year) and Italy (+21.8% per year).

Export Prices by Country

In 2022, the average green peas export price amounted to $X per ton, increasing by 46% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 90% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($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 Italy (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Bulgaria

In 2022, approx. X tons of peas (green) were imported into Bulgaria; with an increase of 26% compared with the previous year's figure. Overall, imports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 2,032% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, green peas imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of 1,304% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X tons), Romania (X tons) and the Netherlands (X tons) were the main suppliers of green peas imports to Bulgaria, together comprising 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +76.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) constituted the largest supplier of peas (green) to Bulgaria, comprising 57% of total imports. The second position in the ranking was taken by Romania ($X), with a 28% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled +20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+74.0% per year) and the Netherlands (+73.3% per year).

Import Prices by Country

The average green peas import price stood at $X per ton in 2022, rising by 17% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 72%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Romania ($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 (+53.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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