In Bulgaria, the potatoes market size reached 60.059 million euros in 2023. Between 2013 and 2023, the market experienced overall positive growth with the highest annual increase of 17.82% in 2016. The market observed fluctuations with a notable decline of 9.54% in 2020 but began recovering steadily since. The last two years demonstrate a 4.19% increase in 2022 and 3.98% in 2023. The five-year compounded annual growth rate (CAGR) stands at 3.29%, reflecting moderate market expansion.
Future trends to watch for:
- Changes in consumer preferences possibly influenced by health and sustainability considerations.
- Impact of climate change on agricultural productivity and supply chain stability.
- Potential policy shifts, trade agreements, and evolving market dynamics impacting the potato industry.
How does Bulgaria rank in Potatoes Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,097,900,000 | 2023 | +1.66% | +2.31% | View data |
| 2 | 2 Italy | 1,214,900,000 | 2023 | +1.78% | +5.72% | View data |
| 3 | 3 Spain | 677,220,000 | 2023 | +4% | -0.015% | View data |
| 4 | 4 Sweden | 401,070,000 | 2023 | +2.45% | +4.5% | View data |
| 5 | 5 Poland | 357,270,000 | 2023 | +3.75% | +4.45% | View data |
| 12 | 12 Slovakia | 77,230,000 | 2023 | +4.58% | +6.12% | View data |
| 13 | 13 Croatia | 71,213,000 | 2023 | +3.1% | +3.72% | View data |
| 14 | 14 Bulgaria | 60,059,000 | 2023 | +3.98% | +3.29% | |
| 15 | 15 Lithuania | 49,170,000 | 2023 | +5.38% | +4.02% | View data |
| 16 | 16 Estonia | 37,796,000 | 2023 | +2.83% | +3.9% | View data |
