The wine vinegar market in Bulgaria in 2023 stood at 5.8698 million liters, marking a year-on-year decline of 4.31%. Over the past decade, the market has experienced fluctuating trends with some years of growth, such as a notable increase in 2016 and 2021, but mostly declining volumes in recent years. The compound annual growth rate (CAGR) over the past five years is -1.19%, indicating a general downtrend in this period.
Future trends to watch for:
- Increased demand for organic and specialty vinegar, potentially influencing market recovery.
- Impact of health trends and consumer preferences on consumption patterns.
- Economic factors and their influence on production and pricing.
# | 6 Countries | Liters | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 72,953,000 | 2023 | -1.23% | +0.69% | View data |
2 | 2 Germany | 34,853,000 | 2023 | +0.52% | -0.67% | View data |
3 | 3 France | 33,774,000 | 2023 | +2.94% | +2.04% | View data |
4 | 4 Romania | 11,821,000 | 2023 | +5.26% | +2.18% | View data |
5 | 5 Bulgaria | 5,869,800 | 2023 | -4.31% | -1.19% | |
6 | 6 Sweden | 5,053,700 | 2023 | +4.74% | +4.85% | View data |