The Frozen Fish Fillets Market in Bulgaria reached a value of 7.9333 million Euros in 2023. Analyzing the recent years, the market saw subtle year-on-year growth of approximately 0.011% for both 2022 and 2023. Over the long term, the market demonstrated a moderate growth trajectory with a Compound Annual Growth Rate (CAGR) of around 1.05% from 2018 to 2023. The market leaped notably in 2019 but displayed fluctuations, especially during 2020 and 2021 downturns.
Future market trends to watch for include:
- Potential impact from shifts in consumer preferences towards sustainable seafood.
- Regulatory changes affecting fish imports and local competition.
- Technological advancements in freezing and preservation, impacting product quality and market dynamics.
How does Bulgaria rank in Frozen Fish Fillets Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,254,300,000 | 2023 | +1.67% | +1.07% | View data |
| 2 | 2 Germany | 1,048,100,000 | 2023 | -1.67% | -1.83% | View data |
| 3 | 3 Spain | 1,007,100,000 | 2023 | +3.18% | +3.73% | View data |
| 4 | 4 Italy | 878,920,000 | 2023 | +4.06% | +2.74% | View data |
| 5 | 5 Poland | 356,160,000 | 2023 | +2.26% | +2.74% | View data |
| 12 | 12 Croatia | 26,574,000 | 2023 | +4.75% | +3.53% | View data |
| 13 | 13 Hungary | 23,284,000 | 2023 | +1.33% | +0.27% | View data |
| 14 | 14 Bulgaria | 7,933,300 | 2023 | +0.011% | +1.05% | |
