Bulgaria - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Coffee Price in Bulgaria - 2023
Contents:
- Green Coffee Price in Bulgaria (CIF) - 2023
- Green Coffee Price in Bulgaria (FOB) - 2022
- Green Coffee Imports in Bulgaria
- Green Coffee Exports in Bulgaria
Green Coffee Price in Bulgaria (CIF) - 2023
In July 2023, the average green coffee import price amounted to $3,379 per ton, reducing by -9.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 12% m-o-m. As a result, import price reached the peak level of $3,745 per ton, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($4,350 per ton), while the price for Vietnam ($2,685 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Coffee Price in Bulgaria (FOB) - 2022
In 2022, the average green coffee export price amounted to $2,470 per ton, dropping by -22.9% against the previous year. In general, the export price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of 49% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,135 per ton in 2018; however, from 2019 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 Georgia ($9,916 per ton), while the average price for exports to Germany ($1,044 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 Georgia (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Green Coffee Imports in Bulgaria
In 2022, the amount of coffee (green) imported into Bulgaria reduced to 25K tons, falling by -11.6% on 2021 figures. Overall, imports continue to indicate a abrupt setback. The smallest decline of -5.7% was in 2021.
In value terms, green coffee imports soared to $88M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Green Coffee in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 13.0 | 15.6 | 13.4 | 19.4 | 14.3% |
| Vietnam | 16.7 | 13.7 | 14.0 | 16.2 | -1.0% |
| India | 1.7 | 1.2 | 3.7 | 8.7 | 72.3% |
| Germany | 6.2 | 5.9 | 7.1 | 8.7 | 12.0% |
| Indonesia | 4.5 | 3.9 | 5.2 | 8.6 | 24.1% |
| China | 1.0 | 0.9 | 0.5 | 4.1 | 60.1% |
| Honduras | 5.1 | 5.8 | 7.0 | 3.1 | -15.3% |
| Papua New Guinea | N/A | 1.4 | 1.8 | 3.1 | 48.8% |
| Peru | 5.9 | 3.5 | 2.6 | 3.0 | -20.2% |
| Greece | 4.2 | 5.3 | 2.9 | 2.9 | -11.6% |
| Uganda | 1.3 | 2.7 | 4.0 | 2.8 | 29.1% |
| Tanzania | N/A | 0.3 | 1.3 | 2.1 | 164.6% |
| Italy | 9.5 | 1.1 | 0.6 | 0.9 | -54.4% |
| Others | 4.1 | 3.9 | 3.6 | 3.9 | -1.7% |
| Total | 73.1 | 65.3 | 67.7 | 87.5 | 6.2% |
Top Suppliers of Green Coffee to Bulgaria in 2022:
- Vietnam (6.1K tons)
- Brazil (4.1K tons)
- Indonesia (3.4K tons)
- Germany (2.8K tons)
- India (2.6K tons)
- Uganda (1.1K tons)
- Tanzania (0.9K tons)
- Greece (0.8K tons)
- China (0.8K tons)
- Honduras (0.6K tons)
- Papua New Guinea (0.6K tons)
- Peru (0.5K tons)
- Italy (0.2K tons)
Green Coffee Exports in Bulgaria
In 2022, approx. 222 tons of coffee (green) were exported from Bulgaria; shrinking by -10.2% against 2021. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 127%.
In value terms, green coffee exports contracted significantly to $548K in 2022. In general, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 173% against the previous year.
| Export of Green Coffee in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 144 | 70.8 | 235 | 147 | 0.7% |
| Georgia | 29.2 | N/A | N/A | 119 | 59.7% |
| Slovenia | N/A | N/A | 215 | 90.5 | -57.9% |
| Belgium | 133 | 8.2 | 7.2 | 72.7 | -18.2% |
| Italy | 261 | 149 | 180 | 52.6 | -41.4% |
| Iran | N/A | 13.0 | 24.1 | 38.3 | 71.6% |
| Netherlands | 6.5 | 7.5 | 8.0 | 7.3 | 3.9% |
| Romania | 256 | 16.6 | 8.7 | 3.2 | -76.8% |
| Hungary | 937 | N/A | N/A | N/A | 0% |
| Others | 92.8 | 24.8 | 113 | 16.8 | -43.4% |
| Total | 1,859 | 290 | 792 | 548 | -33.4% |
Top Export Markets for Green Coffee from Bulgaria in 2022:
- Germany (141.3 tons)
- Belgium (24.8 tons)
- Slovenia (13.1 tons)
- Georgia (12.0 tons)
- Iran (9.1 tons)
- Italy (9.1 tons)
- Netherlands (6.7 tons)
- Romania (0.4 tons)
This report provides an in-depth analysis of the green coffee market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 656 - Coffee green
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
385
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Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.
738
Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
1604
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