The Food-Grade Salt Market in Bulgaria experienced fluctuating volumes from 2013 to 2023. Starting at 73.61 million kilograms in 2013, it peaked in 2018 with 79.56 million kilograms. A declining trend is observed from 2019 to 2023, with volume standing at 65.176 million kilograms in 2023.
Recent year-on-year variations show a stabilization post-2020's sharp decline, with minimal changes in 2022 and 2023. The last five years exhibit a negative CAGR of 3.91%, reflecting a consistent decreasing trend.
Future trends to watch for include potential innovations in food technology and consumer health consciousness, which may drive product diversification and affect market dynamics.
How does Bulgaria rank in Food-Grade Salt Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 429,480,000 | 2023 | -6.54% | -5.34% | View data |
| 2 | 2 Poland | 231,230,000 | 2023 | -3.57% | -2.81% | View data |
| 3 | 3 Greece | 201,980,000 | 2023 | +2.78% | -0.0069% | View data |
| 4 | 4 Hungary | 79,723,000 | 2023 | -0.58% | +0.38% | View data |
| 5 | 5 Bulgaria | 65,176,000 | 2023 | -0.045% | -3.91% | |
| 6 | 6 Croatia | 47,971,000 | 2023 | +0.85% | -0.023% | View data |
| 7 | 7 Sweden | 29,596,000 | 2023 | -1.48% | -0.89% | View data |
