Bulgaria: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Bulgaria

For the third year in a row, the Bulgarian wine of fresh grapes market recorded decline in sales value, which decreased by -1.1% to $X in 2022. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Bulgaria

In value terms, wine of fresh grapes production rose notably to $X in 2022 estimated in export price. Over the period under review, production saw a slight curtailment. The pace of growth was the most pronounced in 2013 with an increase of 13%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Bulgaria

Wine of fresh grapes exports from Bulgaria plummeted to X litres in 2022, declining by -19.1% against the previous year. In general, exports recorded a abrupt setback. The smallest decline of -1% was in 2017. The exports peaked at X litres in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports declined rapidly to $X in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 9.1%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X litres), Sweden (X litres) and the Czech Republic (X litres) were the main destinations of wine of fresh grapes exports from Bulgaria, with a combined 68% share of total exports. Russia, the United States, Belgium, Japan, the Netherlands, Germany and Romania lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +12.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wine of fresh grapes exported from Bulgaria were Poland ($X), Sweden ($X) and the Czech Republic ($X), with a combined 54% share of total exports. The United States, Russia, Belgium, Japan, the Netherlands, Germany and Romania lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, the United States, with a CAGR of +16.7%, 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 wine of fresh grapes export price amounted to $X per litre, increasing by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2019 an increase of 11%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Bulgaria

In 2022, after two years of growth, there was significant decline in overseas purchases of wine of fresh grapes (except sparkling wine), when their volume decreased by -13.1% to X litres. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 93%. Over the period under review, imports reached the maximum at X litres in 2021, and then fell in the following year.

In value terms, wine of fresh grapes imports fell modestly to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

Spain (X litres), Italy (X litres) and France (X litres) were the main suppliers of wine of fresh grapes imports to Bulgaria, together accounting for 53% of total imports. North Macedonia, Germany, South Africa, New Zealand, Chile, the Czech Republic and Moldova lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and New Zealand ($X) were the largest wine of fresh grapes suppliers to Bulgaria, with a combined 63% share of total imports. Germany, Spain, North Macedonia, South Africa, Chile, the Czech Republic and Moldova lagged somewhat behind, together accounting for a further 28%.

Spain, with a CAGR of +16.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wine of fresh grapes import price stood at $X per litre in 2022, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33% against the previous year. The import price peaked at $X per litre in 2014; however, from 2015 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 New Zealand ($X per litre), while the price for North Macedonia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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