Earlier Report Observations
The Bulgarian market for Christmas festivity articles grew substantially in value from around $3.1 million in 2018 to over $7.6 million in 2024. This overall doubling of market size was accompanied by fluctuations, including a notable increase in 2019 followed by a slight decline in 2020.
The years 2021 and 2022 saw vigorous growth, with the market expanding by approximately 31% each year. After stabilizing near $5.8 million in 2023, the market surged again in 2024, reaching a new peak.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bulgaria
- 5.1.1. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Bulgaria
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production Christmas festivity articles in Bulgaria
In value, 2017-2020, K $ US
Market performance showed noticeable fluctuations during the period. From 2017 to 2018, the peak-to-trough amplitude was 1.9 times. In 2020, Bulgaria's output of Christmas festivity articles was valued at 999 K $ US, representing a 2.1% decrease compared to 2019. The maximum value was recorded in 2018 at 1 088 K $ US. The largest decline occurred in 2019 with a 6.2% drop, while the largest increase was in 2018 with an 89.6% rise.
Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 89.6% | (6.2%) | (2.1%) | 20.3% |
Exports Christmas festivity articles from Bulgaria
Exports in kind, t
Bulgaria's export volume of Christmas festivity articles increased for the third consecutive year. In 2020, exports totaled 93.7 t, showing a significant uptick of 23.7% compared to 2019. Over the period from 2017 to 2020, exports grew by 378.5%, with a compound annual growth rate of 68.5%.
Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 75.9% | 120.0% | 23.7% | 68.5% |
From 2017 to 2020, Serbia, Romania, and Greece were the principal destinations for exports in kind, accounting for 39.5%, 24.9%, and 7.5% of exports respectively. Together, they represented 72.0% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Bulgaria in kind, 2017-2020
Exports in value, K $ US
Bulgaria's exports of Christmas festivity articles increased for the third consecutive year. In 2020, exports amounted to 754 K $ US, which is 38.3% greater compared to 2019. Between 2017 and 2020, exports grew by 148.7%, equating to an annualized rate of 35.5%.
Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 43.4% | 25.4% | 38.3% | 35.5% |
In the period from 2017 to 2020, Serbia, Romania, and Turkey were the main destinations in the geographical breakdown of exports in value terms, accounting for 26.1%, 18.2%, and 17.0% of exports respectively. Their combined share reached 61.3% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Bulgaria in value, 2017-2020
Imports Christmas festivity articles to Bulgaria
Imports in kind, t
Bulgaria imported a total of 542.8 t of Christmas festivity articles in 2020, representing a 13.8% contraction from 2019. Over the period from 2017 to 2020, imports increased by 5%, with a compound annual growth rate of 1.6%. The minimum value was recorded in 2018 at 502.8 t, while the maximum was in 2019 at 629.8 t. The largest increase occurred in 2019 with a 25.3% rise.
Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.8%) | 25.3% | (13.8%) | 1.6% |
From 2017 to 2020, China, Greece, and Germany were the principal destinations for imports in kind, accounting for 69.8%, 7.5%, and 4.3% of imports respectively. Together, they represented 81.7% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bulgaria in kind, 2017-2020
Imports in value, K $ US
Bulgaria's imports of Christmas festivity articles increased for the third consecutive year. In 2020, imports came to 3 127 K $ US, marking a 3.5% increase versus the previous year. Between 2017 and 2020, imports grew by 71.8%, equating to an annualized rate of 19.8%.
Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 33.0% | 24.7% | 3.5% | 19.8% |
Over the period from 2017 to 2020, China, the Netherlands, and Germany headed the ranking of suppliers of Christmas festivity articles to Bulgaria, accounting for 51.2%, 9.9%, and 9.5% of imports in value terms respectively. Their combined share reached 70.5% of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bulgaria in value, 2017-2020
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