The prepared or preserved potatoes market in Bulgaria has seen significant growth over the past decade. By 2023, the market size reached 6.4419 million kilograms, marking a consistent upward trajectory. Notable year-on-year variations include a robust 15.87% increase in 2020 and a steady growth rate throughout each subsequent year, culminating in a 7.73% increase in 2023. The compound annual growth rate (CAGR) over the last five years stands at an impressive 10.72%, emphasizing sustained growth.
Future trends to watch for include:
- Potential saturation or stabilization as the market matures.
- Innovations in product offerings, possibly affecting consumer preferences.
- Economic factors and potential policy changes impacting production and consumption.
How does Bulgaria rank in Prepared or Preserved Potatoes Market Size Volume?
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 468,030,000 | 2023 | -0.99% | -0.67% | View data |
| 2 | 2 France | 218,660,000 | 2023 | -0.13% | -2.38% | View data |
| 3 | 3 United Kingdom | 177,370,000 | 2023 | +0.26% | -0.8% | View data |
| 4 | 4 Spain | 101,400,000 | 2023 | +7.34% | +7.21% | View data |
| 5 | 5 Sweden | 68,583,000 | 2023 | +2.28% | +0.6% | View data |
| 14 | 14 Lithuania | 8,539,400 | 2023 | +4.55% | +1.74% | View data |
| 15 | 15 Croatia | 7,003,200 | 2023 | +2.82% | +2.92% | View data |
| 16 | 16 Bulgaria | 6,441,900 | 2023 | +7.73% | +10.72% | |
| 17 | 17 Slovenia | 3,193,500 | 2023 | +1.62% | +2.79% | View data |