Bulgaria - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugary Soft Drink Price in Bulgaria - 2023
Contents:
- Sugary Soft Drink Price in Bulgaria (CIF) - 2023
- Sugary Soft Drink Price in Bulgaria (FOB) - 2023
- Sugary Soft Drink Imports in Bulgaria
- Sugary Soft Drink Exports in Bulgaria
Sugary Soft Drink Price in Bulgaria (CIF) - 2023
In July 2023, the average sugary soft drink import price amounted to $960 per thousand litres, increasing by 8.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in November 2022 an increase of 17% against the previous month. Over the period under review, average import prices reached the peak figure at $999 per thousand litres in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($3.4 per litre), while the price for Romania ($660 per thousand litres) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Serbia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugary Soft Drink Price in Bulgaria (FOB) - 2023
The average sugary soft drink export price stood at $766 per thousand litres in July 2023, dropping by -2.3% against the previous month. In general, export price indicated a temperate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, sugary soft drink export price decreased by -21.6% against April 2023 indices. The pace of growth was the most pronounced in August 2022 when the average export price increased by 20% against the previous month. Over the period under review, the average export prices attained the peak figure at $1.0 per litre in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1.5 per litre), while the average price for exports to Kosovo ($431 per thousand litres) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sugary Soft Drink Imports in Bulgaria
In 2022, the amount of sugary soft drinks imported into Bulgaria contracted to 126M litres, declining by -7% on the previous year. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 135M litres, and then reduced in the following year.
In value terms, sugary soft drink imports declined slightly to $102M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of $102M, leveling off in the following year.
Import of Sugary Soft Drink in Bulgaria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 12.4 | 16.6 | 22.4 | 25.0 | 26.3% |
Romania | 13.6 | 11.5 | 18.2 | 23.7 | 20.3% |
Ireland | 5.1 | 5.9 | 8.1 | 9.0 | 20.8% |
Poland | 4.7 | 2.5 | 4.0 | 7.1 | 14.7% |
Serbia | 6.2 | 3.2 | 5.9 | 6.2 | 0.0% |
Ukraine | 1.1 | 5.2 | 13.8 | 5.7 | 73.0% |
Turkey | 2.0 | 3.5 | 4.2 | 4.2 | 28.1% |
Greece | 4.2 | 3.7 | 1.9 | 1.7 | -26.0% |
Italy | 12.3 | 10.2 | 8.7 | 1.1 | -55.3% |
Others | 13.7 | 13.5 | 15.1 | 17.9 | 9.3% |
Total | 75.3 | 75.8 | 102 | 102 | 10.6% |
Top Suppliers of Sugary Soft Drink to Bulgaria in 2022:
- Romania (46.5M litres)
- Hungary (22.6M litres)
- Serbia (10.9M litres)
- Poland (8.7M litres)
- Ukraine (7.9M litres)
- Ireland (7.9M litres)
- Turkey (7.5M litres)
- Greece (1.5M litres)
- Italy (0.9M litres)
Sugary Soft Drink Exports in Bulgaria
For the third year in a row, Bulgaria recorded decline in shipments abroad of sugary soft drinks, which decreased by -28.5% to 37M litres in 2022. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -13.1% was in 2020. Over the period under review, the exports reached the peak figure at 95M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sugary soft drink exports fell markedly to $27M in 2022. Overall, exports saw a abrupt descent. The smallest decline of -1.6% was in 2020. Over the period under review, the exports hit record highs at $47M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Sugary Soft Drink in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 6.6 | 11.2 | 11.8 | 9.2 | 11.7% |
Romania | 5.0 | 6.6 | 5.3 | 3.2 | -13.8% |
Italy | 10.1 | 9.2 | 9.3 | 2.5 | -37.2% |
Poland | N/A | 0.9 | 1.4 | 2.4 | 63.3% |
Cyprus | 0.8 | 1.0 | 2.0 | 1.9 | 33.4% |
Germany | 0.2 | 0.4 | 0.7 | 1.2 | 81.7% |
Belgium | 0.7 | 0.6 | 0.8 | 1.2 | 19.7% |
Serbia | 18.7 | 12.6 | 2.7 | 0.7 | -66.5% |
Others | 4.7 | 3.4 | 3.7 | 5.1 | 2.8% |
Total | 46.7 | 46.0 | 37.6 | 27.4 | -16.3% |
Top Export Markets for Sugary Soft Drink from Bulgaria in 2022:
- Greece (11.3M litres)
- Romania (7.1M litres)
- Cyprus (3.1M litres)
- Poland (2.5M litres)
- Serbia (2.2M litres)
- Italy (1.9M litres)
- Germany (1.8M litres)
- Belgium (1.8M litres)
This report provides an in-depth analysis of the sugary soft drink 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:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the sugary soft drink market in Bulgaria.
This report provides an in-depth analysis of the soft drink market in Bulgaria.
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This report provides an in-depth analysis of the global sugary soft drink market.
This report provides an in-depth analysis of the global soft drink market.
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
This report provides an in-depth analysis of the sugary soft drink market in Bulgaria.
This report provides an in-depth analysis of the soft drink market in Bulgaria.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Bulgaria.
This report provides an in-depth analysis of the global sugary soft drink market.
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Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
In value terms, fruit juices imports totaled $X in 2016. Overall, fruit juices imports continue to indicate a relatively flat trend pattern. In that year, global fruit juices imports attained its ma...
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