Coffee extracts and coffee-based preparations market in Bulgaria

Earlier Report Observations

The market for coffee extracts and coffee-based preparations in Bulgaria showed variable trends between 2018 and 2021. In 2018, the market was shaped by active marketing and new product launches, focusing on niche and premium segments supported by specialty outlets and online sales. Market volume reached 6.9 thousand tons that year. The following year, volume grew to 7.2 thousand tons, although the market value dipped slightly to 30.3 million dollars, suggesting some price moderation. The COVID-19 pandemic in 2020 significantly affected consumer behavior, leading to more economical habits and increased home consumption, which contributed to an 11% drop in volume to 6.4 thousand tons and a 15% decrease in value. A recovery followed in 2021, with volume rising to 6.9 thousand tons and value increasing by 12% to 29 million dollars, supported by rising global coffee bean prices and a shift in consumer preferences toward healthier and functional products.

After 2021, import values for coffee extracts continued to rise, reaching 42 million dollars in 2024. This increase in cost was largely driven by substantial price hikes for coffee, which grew by 20-30% in 2022 and by 16% in 2023, partly due to climate-related impacts on global coffee production. Broader trends such as demand for health and wellness products, sustainable and ethical production, the premiumization of specialty coffee, and the expansion of e-commerce further supported the market for these prepared coffee products in Bulgaria.

Production coffee extracts and coffee-based preparations in Bulgaria

In value, 2017-2020, K $ US

After two years of growth, Bulgaria's production of coffee extracts and coffee-based preparations declined. In 2020, output was valued at 3 239 thousand US dollars, marking a significant 24.7% decrease from the previous year. Looking at the period from 2017 to 2020, production increased by 26%, which translates to an annualized growth rate of 8.0%. The peak value was recorded in 2019 at 4 304 thousand US dollars, with the largest annual increase of 39.9% also occurring that year.

Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US

In kind, 2017-2020, t

The market exhibited considerable volatility during this period. Production volumes reached their lowest point in 2017 and peaked in 2019, with the highest level being 2.3 times greater than the lowest. In 2020, Bulgaria produced 1 209 tonnes of coffee extracts and coffee-based preparations, representing a sharp 36.0% decline compared to 2019. The maximum volume was recorded in 2019 at 1 890 tonnes, which also saw the largest annual increase of 110.5%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, t

Exports coffee extracts and coffee-based preparations from Bulgaria

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Export volumes varied significantly, with the lowest point in 2018 and the highest in 2019, showing a 1.7-fold difference between these years. In 2020, Bulgaria's export volume of coffee extracts and coffee-based preparations totaled 1 231 tonnes, which is 26.4% lower than in 2019. The minimum value was recorded in 2018 at 976 tonnes, while the maximum was in 2019 at 1 674 tonnes, with the largest annual increase of 71.4% also occurring in 2019.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Turkey, Croatia, and Germany were the largest buyers of Bulgarian coffee extracts and coffee-based preparations in volume terms. Turkey accounted for 58.9% of exports, Croatia for 9.0%, and Germany for 7.1%. Together, these three countries represented 74.9% of Bulgaria's total exports in kind.

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 coffee extracts and coffee-based preparations increased for the second consecutive year. In 2020, exports were valued at 5 914 thousand US dollars, reflecting a sharp 26.4% gain compared to 2019. Over the period from 2017 to 2020, exports grew by 27.3%, equating to an annualized rate of 8.4%. The lowest value was recorded in 2018 at 4 182 thousand US dollars, which also saw the largest annual decline of 10.0%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

From 2017 to 2020, Turkey, Croatia, and Greece were the main destinations for Bulgarian coffee extracts and coffee-based preparations in value terms. Turkey accounted for 30.7% of exports, Croatia for 15.0%, and Greece for 8.4%. Collectively, these three countries represented 54.1% of Bulgaria's total export flows in value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bulgaria in value, 2017-2020

Imports coffee extracts and coffee-based preparations to Bulgaria

Imports in kind, t

In 2020, Bulgaria's imports of coffee extracts and coffee-based preparations amounted to 6 457 tonnes, which is 8.1% lower than in the previous year. Between 2017 and 2020, imports decreased by 9.2%, translating to an annualized decline of 3.2%. The largest annual increase was recorded in 2019 at 1.2%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Hungary, Czechia, and Brazil were the largest suppliers of coffee extracts and coffee-based preparations to Bulgaria in volume terms. Hungary accounted for 57.0% of imports, Czechia for 11.7%, and Brazil for 7.9%. Together, these three countries made up 76.6% of Bulgaria's total imports in kind.

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 coffee extracts and coffee-based preparations declined for the third consecutive year. In 2020, import volume totaled 28 534 thousand US dollars, indicating a moderate decrease of 7.0% compared to 2019. Over the period from 2017 to 2020, imports fell by 21.6%, with a compound annual growth rate of -7.8%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

Throughout 2017 to 2020, Hungary, Brazil, and Czechia formed the key group of partners for Bulgaria's imports of coffee extracts and coffee-based preparations in value terms. Hungary accounted for 34.0% of imports, Brazil for 13.5%, and Czechia for 10.5%. Jointly, these three countries represented 58.1% of Bulgaria's total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bulgaria in value, 2017-2020