Bulgaria: Watermelon Market 2024

Watermelon Market Size in Bulgaria

In 2022, after three years of growth, there was significant decline in the Bulgarian watermelon market, when its value decreased by X% to $X. In general, the total consumption indicated strong 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. Watermelon consumption peaked at $X in 2021, and then reduced in the following year.

Watermelon Production in Bulgaria

In value terms, watermelon production totaled $X in 2022 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2013 when the production volume increased by X%. Watermelon production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of watermelons in Bulgaria reduced to X tons per ha in 2022, approximately mirroring the previous year. Over the period under review, the yield, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the average watermelon yield hit record highs at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of watermelons production in Bulgaria shrank modestly to X ha, which is down by X% against the year before. Overall, the total harvested area indicated a perceptible increase from 2012 to 2022: its figure 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, watermelon harvested area increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. The watermelon harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Watermelon Exports

Exports from Bulgaria

In 2022, after three years of decline, there was significant growth in overseas shipments of watermelons, when their volume increased by X% to X tons. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, watermelon exports skyrocketed to $X in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons), Poland (X tons) and the Czech Republic (X tons) were the main destinations of watermelon exports from Bulgaria, with a combined X% share of total exports. Romania, Ukraine, Slovakia and Lithuania 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 Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for watermelon exported from Bulgaria were Poland ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total exports. Romania, Slovakia, Ukraine and Lithuania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Romania, 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 watermelon export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price 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, watermelon export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

Watermelon Imports

Imports into Bulgaria

In 2022, overseas purchases of watermelons increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports saw prominent growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, watermelon imports surged to $X in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tons), Greece (X tons) and Germany (X tons) were the main suppliers of watermelon imports to Bulgaria, with a combined X% share of total imports.

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

In value terms, Turkey ($X) constituted the largest supplier of watermelons to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Greece ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and Germany (X% per year).

Import Prices by Country

The average watermelon import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

Source: IndexBox Platform

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