Bulgaria: Spinach Market 2025

Spinach Market Size in Bulgaria

The Bulgarian spinach market skyrocketed to $X in 2022, growing by 53% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Spinach consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Spinach Production in Bulgaria

In value terms, spinach production soared to $X in 2022 estimated in export price. Over the period under review, production saw prominent growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 162% against the previous year. Spinach production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of spinach in Bulgaria rose modestly to X tons per ha in 2022, growing by 2.4% against the year before. Over the period under review, the yield saw a modest increase. The most prominent rate of growth was recorded in 2019 when the yield increased by 154%. Over the period under review, the average spinach yield hit record highs at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. 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 spinach production in Bulgaria skyrocketed to X ha, with an increase of 57% against 2021. Overall, the harvested area recorded a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of 97%. The spinach harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Spinach Exports

Exports from Bulgaria

In 2022, the amount of spinach exported from Bulgaria surged to X tons, picking up by 95% against 2021. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 471% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, spinach exports surged to $X in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 2,241% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Luxembourg (X tons), Belgium (X tons) and France (X tons) were the main destinations of spinach exports from Bulgaria, with a combined 90% share of total exports.

From 2013 to 2022, the biggest increases were recorded for France (with a CAGR of +70.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X) remains the key foreign market for spinach exports from Bulgaria, comprising 53% of total exports. The second position in the ranking was taken by Belgium ($X), with a 24% share of total exports. It was followed by France, with a 17% share.

From 2013 to 2022, the average annual growth rate of value to Luxembourg stood at +45.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+67.8% per year) and France (+229.9% per year).

Export Prices by Country

In 2022, the average spinach export price amounted to $X per ton, declining by -3.2% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 310% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+93.6%), while the prices for the other major destinations experienced more modest paces of growth.

Spinach Imports

Imports into Bulgaria

Spinach imports into Bulgaria declined to X tons in 2022, shrinking by -7.3% against 2021. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 197% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, spinach imports contracted markedly to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 356% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Greece (X tons) constituted the largest supplier of spinach to Bulgaria, accounting for a 74% share of total imports. Moreover, spinach imports from Greece exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Greece totaled -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+10.7% per year) and Italy (+13.6% per year).

In value terms, the largest spinach suppliers to Bulgaria were Greece ($X), Italy ($X) and Germany ($X), together accounting for 76% of total imports.

Among the main suppliers, Italy, with a CAGR of +20.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average spinach import price amounted to $X per ton, dropping by -41.9% against the previous year. Overall, the import price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 601%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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