The dried onions market in Bulgaria has seen fluctuations over the last decade, with the market size reaching 1.2869 million euros in 2023. The market experienced a significant decline in 2016 but showed resilience, with a steady increase from 2019 to 2023. Over the last five years, the market demonstrated an average annual growth rate of 2.59%, suggesting a gradual recovery and growth.
Looking ahead to future trends:
- Monitor potential shifts in consumer preferences towards natural and organic onion products.
- Consider the impact of supply chain efficiencies on market growth.
- Watch for technological advancements in onion drying processes, enhancing product quality and marketability.
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 70,425,000 | 2023 | +2.22% | +3.73% | View data |
| 2 | 2 Netherlands | 25,045,000 | 2023 | +4.22% | +5.45% | View data |
| 3 | 3 Sweden | 10,745,000 | 2023 | +1.14% | +2% | View data |
| 4 | 4 Lithuania | 10,525,000 | 2023 | +7.1% | +9.78% | View data |
| 5 | 5 Denmark | 6,875,400 | 2023 | +4.15% | +7.8% | View data |
| 7 | 7 Finland | 3,934,700 | 2023 | +3.01% | +2.1% | View data |
| 8 | 8 Estonia | 3,296,600 | 2023 | +2% | +1% | View data |
| 9 | 9 Bulgaria | 1,286,900 | 2023 | +0.97% | +2.59% | |
