Between 2013 and 2023, the market for frozen whole fresh water fish in Bulgaria exhibited a general upward trajectory with its value reaching 7.1146 million euros in 2023. Market growth experienced fluctuations, with significant increases in some years such as 2014, 2015, and 2021, while also witnessing slight declines in 2016 and 2017. The most recent year-on-year growth was 2.87% in 2023. Over the past five years, the compound annual growth rate (CAGR) was 5.37%, illustrating a consistent average annual increase.
Future trends to watch include increasing demand due to rising health consciousness and preference for frozen foods due to their convenience. Potential market expansion may also be encouraged by advancements in supply chain logistics and growing consumer interest in eco-friendly and sustainably sourced fish products.
How does Bulgaria rank in Frozen Whole Fresh Water Fish Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 65,898,000 | 2023 | +1.83% | +1.02% | View data |
| 2 | 2 Portugal | 34,924,000 | 2023 | +2.03% | +0.54% | View data |
| 3 | 3 Italy | 21,463,000 | 2023 | +3.93% | +6.96% | View data |
| 4 | 4 France | 19,092,000 | 2023 | -1.1% | +0.61% | View data |
| 5 | 5 Bulgaria | 7,114,600 | 2023 | +2.87% | +5.37% |
