Browse Data and Analysis

In 2023 Bulgarian dairy farming stabilized with a growth in milk deliveries. This was due to improved milk yields despite continued decline in the dairy cow herd, and due to record high fluid milk imports.

U.S. exports of consumer-oriented food products to Saudi Arabia increased 23 percent over 2021 to a record $656 million mainly due to the continued expansion in online shopping platforms.

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector. Total investments in the sector are projected to reach $70 billion in 2030, an increase of approximately 59% over total investments in 2016.

Prior to the COVID-19 pandemic, Bulgaria was a growing market for food and beverages, with rising consumer confidence, declining unemployment, increasing incomes, and a stable number of foreign tourists driving expansion.

The Bulgarian dairy industry faced significant challenges in Marketing Year (MY) 2021 with the national dairy herd, cow milk production and collection, as well as processing contracting. A dry and hot summer, combined with increasing feed grain prices, inflation pressure (especially of energy supply), and a labor deficit led to a decline in the number of dairy farms and stocks. Consolidation and restructuring of the industry continued through the dominating role of larger, more efficient dairy operations.

U.S. exports of consumer-oriented food products to Saudi Arabia decreased four percent in 2021, compared to 2020, to approximately $535 million mainly due to shipping issues (e.g., fewer cargo ships, higher costs, etc.) throughout the year. Unfortunately, this trend is expected to continue throughout 2022.

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector. Total investments in the sector are projected to reach $70 billion in 2030, an increase of approximately 59 percent over total investments in 2016.

With its developing grocery retail industry, prior to the Covid-19 pandemic Bulgaria was a growing market for food and beverages, with growing consumer confidence, declining unemployment, upward incomes, and a stable number of foreign tourists...

Post anticipates a significant increase in U.S. high-value food product exports to Saudi Arabia in 2021 due to expansion of the retail sector.

The U.S. Census Bureau’s bulk, intermediate, and consumer-oriented (BICO) export data tracks U.S. food and agricultural trade shipped directly to Bulgaria. However, it does not measure the substantial levels of the U.S. agricultural trade to Bulgaria...

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector as a result of favorable trade agreements, population growth and rapid socioeconomic changes.

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector as a result of favorable trade agreements, population growth and...