The processed mackerel market per capita in Bulgaria, measured in euros, has shown consistent growth from 2013 to 2023. In 2023, the value reached 1.94 euros per capita. The year-on-year growth reveals a steady increase, with the most recent annual rise from 2022 to 2023 being approximately 2.11%. The compound annual growth rate (CAGR) over the last five years stands at around 1.93%, indicating a solid upward trend in consumer spending on processed mackerel, whole or in pieces.
Future trends to watch for:
- Increasing consumer preference for convenient, ready-to-eat products could drive further growth.
- Sustainability concerns and environmental impacts may influence consumer choices and market dynamics.
- Economic factors such as inflation and disposable income levels will shape future market trends.
