Bulgaria - Lettuce and Chicory - Market Analysis, Forecast, Size, Trends and Insights
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Lettuce And Chicory Market Size in Bulgaria
After two years of growth, the Bulgarian lettuce and chicory market decreased by X% to $X in 2023. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2022, and then dropped slightly in the following year.
Lettuce And Chicory Production in Bulgaria
In value terms, lettuce and chicory production rose rapidly to $X in 2023 estimated in export price. Over the period under review, production recorded a deep setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
The average yield of lettuce and chicory in Bulgaria shrank to X tons per ha in 2023, with a decrease of X% on 2022. Over the period under review, the yield showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2023, the growth of the average lettuce and chicory yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the total area harvested in terms of lettuce and chicory production in Bulgaria declined to X ha, waning by X% against the year before. Overall, the harvested area saw a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The lettuce and chicory harvested area peaked at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.
Lettuce And Chicory Exports
Exports from Bulgaria
Lettuce and chicory exports from Bulgaria soared to X tons in 2023, increasing by X% on 2022 figures. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in years to come.
In value terms, lettuce and chicory exports rose sharply to $X in 2023. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in the immediate term.
Exports by Country
Hungary (X tons), Luxembourg (X tons) and the UK (X tons) were the main destinations of lettuce and chicory exports from Bulgaria, with a combined X% share of total exports. Germany, the Netherlands, Romania and the Czech Republic lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Luxembourg ($X) remains the key foreign market for lettuce and chicory exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by the UK, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Luxembourg amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and the UK (X% per year).
Export Prices by Country
In 2023, the average lettuce and chicory export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Lettuce And Chicory Imports
Imports into Bulgaria
In 2023, overseas purchases of lettuce and chicory decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.
In value terms, lettuce and chicory imports expanded significantly to $X in 2023. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to continue growth in years to come.
Imports by Country
Germany (X tons), the Netherlands (X tons) and Greece (X tons) were the main suppliers of lettuce and chicory imports to Bulgaria, with a combined X% share of total imports. Turkey, Spain and Egypt lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest lettuce and chicory suppliers to Bulgaria were Germany ($X), Greece ($X) and the Netherlands ($X), with a combined X% share of total imports. Spain, Turkey and Egypt lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average lettuce and chicory import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price saw buoyant growth. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the lettuce and chicory 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 372 - Lettuce and chicory
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
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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
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