Key Market Indicators
Bulgarian fragrance exports are set to reach around 1.2 million kilograms by 2026. This marks an increase of 3.4% year-on-year, according to the compound annual growth rate (CAGR). Since 2001, Bulgarian supply has grown at an average of 5.6% annually. In 2021, Bulgaria was the world's 34th largest fragrance exporter with 977,000 kilograms. Oman overtook Bulgaria to take the lead with 977,000 kilograms, while the United Arab Emirates, Spain and the United States held the second, third and fourth spots, respectively.
