Bulgaria: Pulses Market 2024

Pulses Market Size in Bulgaria

After three years of growth, the Bulgarian pulses market decreased by X% to $X in 2022. Over the period under review, consumption, however, showed a resilient expansion. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Pulses Production in Bulgaria

In value terms, pulses production totaled $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of pulses in Bulgaria totaled X tons per ha, increasing by X% compared with the previous year. Overall, the yield posted a measured increase. The pace of growth was the most pronounced in 2015 when the yield increased by X% against the previous year. The pulses yield peaked at X tons per ha in 2017; however, from 2018 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, the total area harvested in terms of pulses production in Bulgaria reduced rapidly to X ha, waning by X% compared with 2021. Over the period under review, the harvested area, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha, and then declined markedly in the following year.

Pulses Exports

Exports from Bulgaria

For the third consecutive year, Bulgaria recorded decline in overseas shipments of pulses, which decreased by X% to X tons in 2022. In general, exports, however, showed notable growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, pulses exports reduced to $X in 2022. Overall, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons), Serbia (X tons) and Turkey (X tons) were the main destinations of pulses exports from Bulgaria, with a combined X% share of total exports. Greece, Pakistan, Germany, the Czech Republic and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Serbia ($X) and Turkey ($X) appeared to be the largest markets for pulses exported from Bulgaria worldwide, with a combined X% share of total exports. Germany, Greece, Pakistan, the Czech Republic and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 pulses export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed a notable expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X% 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 somewhat 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 Serbia ($X per ton), while the average price for exports to Greece ($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 Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pulses Imports

Imports into Bulgaria

Pulses imports into Bulgaria expanded remarkably to X tons in 2022, surging by X% compared with 2021. Overall, imports, however, recorded a slight contraction. The pace of growth was the most pronounced in 2020 when imports increased by X% 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, pulses imports soared to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest pulses supplier to Bulgaria, accounting for a X% share of total imports. Moreover, pulses imports from Egypt exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Greece (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Greece (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of pulses to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Greece ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average pulses import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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