The flour, meal, and starch preparations market in Bulgaria exhibited a consistent upward trend between 2013 and 2023, reaching a value of 50.498 million Euros in 2023. Year-on-year growth remained positive with notable surges of 19.24% in 2017 and 20.06% in 2018. Recent years saw a steadier increase, with 7.77% in 2022 and 7.13% in 2023. The compound annual growth rate (CAGR) over the last five years was 10.66%, indicating strong market progression.
Future trends to watch for include:
- Potential market saturation leading to stabilized growth.
- Innovation in product lines driven by health-conscious consumers.
- Impact of economic fluctuations and agricultural policy changes in Bulgaria.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 552,390,000 | 2023 | +1.43% | +0.24% | View data |
| 2 | 2 Spain | 540,790,000 | 2023 | -0.8% | -0.67% | View data |
| 3 | 3 Romania | 127,100,000 | 2023 | +3.34% | +1.03% | View data |
| 4 | 4 Finland | 121,950,000 | 2023 | +4.88% | +5.52% | View data |
| 5 | 5 Austria | 116,740,000 | 2023 | +1.35% | +1.24% | View data |
| 7 | 7 Czech Republic | 81,633,000 | 2023 | +5.99% | +0.17% | View data |
| 8 | 8 Sweden | 54,516,000 | 2023 | -0.9% | -1% | View data |
| 9 | 9 Bulgaria | 50,498,000 | 2023 | +7.13% | +10.66% | |
| 10 | 10 Slovenia | 21,337,000 | 2023 | +1.13% | +3.83% | View data |
| 11 | 11 Greece | 17,128,000 | 2023 | -2.49% | -2.31% | View data |
