Crispbread Market Overview in Bulgaria
In value terms, crispbread production expanded markedly to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. from 2012 to , production growth remained at a lower figure.
The revenue of the crispbread market in Bulgaria fell to $ in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a noticeable slump. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. Crispbread consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.