The frozen whole freshwater fish market in Bulgaria has experienced fluctuations over the past decade, reaching a volume of 1,050.4 thousand kilograms in 2023. After a peak between 2014 and 2015, the market faced a downtrend until 2020, where it marked a slight recovery. Over the last five years, the compound annual growth rate (CAGR) was 1.16%, indicating moderate stability. The most notable recovery was seen in 2021 and consistently continued into 2023, aligning with a global trend towards increasing seafood demand.
Future trends to watch for include:
- Potential impact of sustainability practices on consumer preferences.
- Effect of climate change on freshwater fishing yields.
- Innovation in frozen fish preservation methods.
- Shifts in consumer dietary patterns favoring fish as a protein source.
