The market for processed mackerel in Bulgaria, covering whole or in pieces (excluding minced products and prepared meals), was valued at 13.464 million Euros in 2023. Over a decade, the market experienced both growth and minor fluctuations. Notable growth occurred between 2013 and 2016, with minor declines observed from 2017 to 2018. The market steadied from 2019 onwards, with consistent year-on-year growth observed up to 2023. The compound annual growth rate (CAGR) for the past five years stood at 2.34% annually, indicating a steady market recovery post-2018.
Future trends to watch for include:
- Increased demand for sustainable seafood and eco-friendly processing methods.
- Potential market expansion due to rising health consciousness and a growing preference for nutritious diets.
- Technological advancements in packaging and preservation techniques offering longer shelf life and increased consumer appeal.
How does Bulgaria rank in Processed Mackerel, Whole or in Pieces (Excluding Minced Products and Prepared Meals and Dishes) Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 179,700,000 | 2023 | +0.016% | +3.89% | View data |
| 2 | 2 Poland | 119,300,000 | 2023 | +4.89% | +3.79% | View data |
| 3 | 3 Spain | 56,317,000 | 2023 | +1.06% | +0.86% | View data |
| 4 | 4 Bulgaria | 13,464,000 | 2023 | +1.76% | +2.34% | |
| 5 | 5 Greece | 5,909,600 | 2023 | +2.38% | +3.18% | View data |
