Bulgaria: Market for Jams, Jellies, Puree and Pastes 2024

Market Size for Jams, Jellies, Puree and Pastes in Bulgaria

In 2022, the Bulgarian market for jams, jellies, puree and pastes increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a deep downturn. Jam, jelly, puree and paste consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Jams, Jellies, Puree and Pastes in Bulgaria

In value terms, jam, jelly, puree and paste production declined to $X in 2022 estimated in export price. In general, the total production indicated tangible growth 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, production increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then declined in the following year.

Exports of Jams, Jellies, Puree and Pastes

Exports from Bulgaria

After three years of growth, shipments abroad of jams, jellies, puree and pastes decreased by X% to X tons in 2022. Overall, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2021, and then declined notably in the following year.

In value terms, jam, jelly, puree and paste exports amounted to $X in 2022. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Romania (X tons) and Russia (X tons) were the main destinations of jam, jelly, puree and paste exports from Bulgaria, together comprising X% of total exports. Japan, Israel, the Czech Republic, the UK, the United States, North Macedonia, Croatia, Greece, Turkey and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jam, jelly, puree and paste exported from Bulgaria were Romania ($X), Germany ($X) and Japan ($X), with a combined X% share of total exports. Russia, Israel, the United States, the Czech Republic, Turkey, the UK, the Netherlands, Greece, Croatia and North Macedonia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Croatia, with a CAGR of X%, saw the highest growth rate of 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 export price for jams, jellies, puree and pastes amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Imports of Jams, Jellies, Puree and Pastes

Imports into Bulgaria

In 2022, overseas purchases of jams, jellies, puree and pastes were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, jam, jelly, puree and paste imports soared to $X in 2022. In general, total imports indicated a mild increase 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. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of jam, jelly, puree and paste to Bulgaria, with a X% share of total imports. Moreover, jam, jelly, puree and paste imports from Turkey exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest jam, jelly, puree and paste suppliers to Bulgaria were Turkey ($X), Belgium ($X) and Germany ($X), together accounting for X% of total imports. Italy, Greece, Poland, the Czech Republic, North Macedonia, Chile and Ecuador lagged somewhat behind, together comprising a further X%.

North Macedonia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for jams, jellies, puree and pastes amounted to $X per ton, growing by X% against the previous year. Overall, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Italy ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform