Bulgaria: Vegetable Product Market 2025

Vegetable Product Market Size in Bulgaria

In 2022, the Bulgarian vegetable product market decreased by -31.8% to $X, falling for the eighth consecutive year after three years of growth. Overall, consumption continues to indicate a deep contraction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Vegetable Product Production in Bulgaria

In value terms, vegetable product production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a significant decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by 249,968,100% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average vegetable product yield in Bulgaria was estimated at less than X kg per ha, approximately equating the year before. Overall, the yield continues to indicate 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 vegetable product harvested area in Bulgaria was estimated at less than X ha, remaining stable against the previous year. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Vegetable Product Exports

Exports from Bulgaria

In 2022, shipments abroad of vegetable products decreased by -48.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 54% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable product exports reached $X in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 94% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for vegetable product exports from Bulgaria, accounting for a 47% share of total exports. Moreover, vegetable product exports to Germany exceeded the volume sent to the second major destination, Greece (X tons), twofold. The third position in this ranking was held by Serbia (X tons), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (-9.1% per year) and Serbia (+69.0% per year).

In value terms, Germany ($X) remains the key foreign market for vegetable products exports from Bulgaria, comprising 53% of total exports. The second position in the ranking was held by the United States ($X), with a 15% share of total exports. It was followed by Serbia, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+77.7% per year) and Serbia (+79.3% per year).

Export Prices by Country

The average vegetable product export price stood at $X per ton in 2022, rising by 99% against the previous year. In general, the export price saw prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Product Imports

Imports into Bulgaria

In 2022, supplies from abroad of vegetable products was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 276%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, vegetable product imports surged to $X in 2022. Overall, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of vegetable product imports to Bulgaria, with a combined 79% share of total imports. India, the Netherlands, Tanzania, the Czech Republic and Germany lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +68.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of vegetable products to Bulgaria, comprising 33% of total imports. The second position in the ranking was taken by Spain ($X), with a 16% share of total imports. It was followed by Turkey, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +61.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-7.5% per year) and Turkey (+32.8% per year).

Import Prices by Country

In 2022, the average vegetable product import price amounted to $X per ton, with an increase of 44% against the previous year. Over the period under review, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2014 an increase of 257% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($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 (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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