The Bulgarian orange juice market has witnessed fluctuating trends over the past decade. Starting from 21.781 million euros in 2013, it gradually declined, with a noticeable drop in 2016. The market slightly recovered in 2021 with an increase of 8.77%, but subsequently fell again in 2022 and 2023, reaching a value of 12.841 million euros. The Compound Annual Growth Rate over the last five years has been negative, at -4.83%, indicating an overall decline.
Going forward, industry players should monitor factors such as changes in consumer preferences towards fresh juices and health drinks, potential economic impacts on consumer spending, and fluctuations in citrus crop yields due to climate change. These factors could significantly influence market dynamics.
How does Bulgaria rank in Orange Juice Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,464,400,000 | 2023 | +0.13% | -0.7% | View data |
| 2 | 2 United Kingdom | 1,190,300,000 | 2023 | +1.77% | +0.45% | View data |
| 3 | 3 Germany | 1,123,900,000 | 2023 | -0.1% | -2.46% | View data |
| 4 | 4 Spain | 437,800,000 | 2023 | +0.79% | +0.66% | View data |
| 5 | 5 Poland | 306,570,000 | 2023 | +4.01% | +2.09% | View data |
| 13 | 13 Slovakia | 19,016,000 | 2023 | +5.18% | +5.95% | View data |
| 14 | 14 Croatia | 14,426,000 | 2023 | -0.61% | -1.11% | View data |
| 15 | 15 Bulgaria | 12,841,000 | 2023 | -6.02% | -4.83% | |
| 16 | 16 Lithuania | 9,643,900 | 2023 | +1.37% | +3.05% | View data |
| 17 | 17 Slovenia | 9,033,500 | 2023 | +0.41% | +0.094% | View data |
