The Frozen Fish Market in Bulgaria has shown notable growth from 2013 to 2023, reaching a market size of 52.74 million Euros in 2023. Despite some fluctuations, particularly in 2014 and 2017 where decreases were noted, the market has generally followed an upward trend, underpinned by a healthy compound annual growth rate (CAGR) of 3.1% over the last five years. Recent years mark consistent small gains, with 2021 to 2023 each showing around a 2% year-on-year increase.
Future trends to watch for:
- Potential impacts of sustainable fishing practices.
- Demand shifts towards healthier, high-quality frozen fish options.
- Economic factors influencing consumer spending power.
How does Bulgaria rank in Frozen Fish Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 1,008,700,000 | 2023 | +1.77% | +1.37% | View data |
| 2 | 2 Italy | 613,610,000 | 2023 | +0.2% | +1.03% | View data |
| 3 | 3 Romania | 99,550,000 | 2023 | +3.67% | -0.075% | View data |
| 4 | 4 Bulgaria | 52,740,000 | 2023 | +2.18% | +3.1% | |
| 5 | 5 Czech Republic | 15,733,000 | 2023 | -1.18% | -1% | View data |
