The Bulgarian market for confectionery; total market size: market performance
Article Abstract:
Retail sales of confectionery in the Bulgarian market declined to $124.2 million in 1997, from $153.6 million in 1993, for a 19% decrease in current value. Over the same period, volume sales decreased by 20% per year, from 26,210 tons in 1993, to only 20,830 tons in 1997. Although growth terms of between 8% and 9% were registered in both value and volume parameters between 1994 and 1995, an average 4% decline was registered in both current value and volume sales over the aggregate 1993-1997 period. This is due to the notably rapid decline rates of 17% and 14%, registered in value and volume sales, respectively, from 1995 to 1997.
Comment:
Bulgaria: Retail sales of confectionery declined 19% in current value and 20% in volume, from 1993 to 1997
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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The Bulgarian market for confectionery; outlook: chocolate confectionery: value trends
Article Abstract:
Retail sales for chocolate confectioenry in Bulgaria is expected to grow by 46% in real value, from $79.2 million in 1998 to $115.8 million in 2002. Countlines are anticipated to lead the growth in the subsector, with an average value growth of 10% per year over the same period, versus growth forecasts of 9% to 10% for tablets, and more than 8% for bagged selflines. The growing prosperity of the country is expected to reverse the decline in sales of chocolate, as it will allow consumers a greater level of disposable income for use on luxury goods.
Comment:
Bulgaria: Countlines are anticipated to lead growth in chocolate subsector, w/ average value growth of 10% from 1998 to 2002
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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The Bulgarian market for confectionery; market outlook: market performance
Article Abstract:
Retail sales of confectionery in the Bulgarian market is anticipated to grow from $132 million in 1998, to $190 million in 2002, for a 44% growth rate in real value and an average yearly growth of between 8% to 9%. On account of the growing preference of consumers for more upscale products, value growth will surpass volume growth, which is expected at only 31% between 1998 and 2002, with an average yearly growth of 6%. Retail sales in terms of volume is forecasted to increase, from approximately 22,200 tons in 1998, to 29,300 tons in 2002.
Comment:
Bulgaria: Retail sales in confectionery mkt is expected to grow by 44% in value, and by 31% in volume, from 1998 to 2002
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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