The Bulgarian solid refined sugar market saw fluctuating volumes from 2013, peaking initially and progressively declining, evidently due to shifts in consumption patterns. By 2023, it was at 142.13 million kilograms. Specifically, in the past two years, the volume rose by 4.32% in 2022 but declined by 1.46% in 2023. Over the past 5 years, the market experienced an average annual growth rate of 0.23%. These variations highlight a volatile market with slight recent recovery but continued uncertainties.
Future trends to watch include potential domestic production changes, health-conscious consumer shifts away from sugar, and economic impacts on import pricing. Monitoring these factors could provide insights into longer-term market sustainability and potential growth areas.
How does Bulgaria rank in Solid Refined Sugar Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,796,400,000 | 2023 | -1.97% | -2.13% | View data |
| 2 | 2 France | 1,878,000,000 | 2023 | +0.8% | -0.83% | View data |
| 3 | 3 Italy | 1,713,500,000 | 2023 | +2.48% | -0.29% | View data |
| 4 | 4 Spain | 1,403,800,000 | 2023 | +3.52% | +0.52% | View data |
| 5 | 5 Romania | 524,950,000 | 2023 | +3.04% | +2.21% | View data |
| 7 | 7 Greece | 284,830,000 | 2023 | -0.95% | +0.28% | View data |
| 8 | 8 Finland | 187,450,000 | 2023 | +0.53% | -0.77% | View data |
| 9 | 9 Bulgaria | 142,130,000 | 2023 | -1.46% | +0.23% | |
