| Product Code: ETC5203636 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria saw a significant increase in pickled herring import shipments in 2024, with top exporting countries being Portugal, Latvia, Italy, Germany, and Spain. The Herfindahl-Hirschman Index (HHI) remained at a high concentration level, indicating Market Top 5 Importing Countries and Market Competition (HHI) Analysis dominance by a few key players. The impressive compound annual growth rate (CAGR) of 16.19% from 2020 to 2024 reflects a growing demand for pickled herring in Bulgaria. Moreover, the exceptional growth rate of 219.74% from 2023 to 2024 suggests a sudden surge in import activity, signaling potential opportunities and shifts in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Pickled Herring Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Pickled Herring Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Pickled Herring Market - Industry Life Cycle |
3.4 Bulgaria Pickled Herring Market - Porter's Five Forces |
3.5 Bulgaria Pickled Herring Market Revenues & Volume Share, By Sauce Type, 2021 & 2031F |
3.6 Bulgaria Pickled Herring Market Revenues & Volume Share, By Cut Type, 2021 & 2031F |
3.7 Bulgaria Pickled Herring Market Revenues & Volume Share, By Buyer Type, 2021 & 2031F |
3.8 Bulgaria Pickled Herring Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Bulgaria Pickled Herring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming pickled herring |
4.2.2 Growing popularity of pickled herring as a traditional and versatile food option in Bulgaria |
4.2.3 Rising demand for convenient and ready-to-eat seafood products |
4.3 Market Restraints |
4.3.1 Seasonal availability and fluctuations in herring supply impacting production and pricing |
4.3.2 Competition from other seafood products and substitutes in the market |
5 Bulgaria Pickled Herring Market Trends |
6 Bulgaria Pickled Herring Market Segmentations |
6.1 Bulgaria Pickled Herring Market, By Sauce Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Pickled Herring Market Revenues & Volume, By Wine Sauce, 2021-2031F |
6.1.3 Bulgaria Pickled Herring Market Revenues & Volume, By Cream Sauce, 2021-2031F |
6.1.4 Bulgaria Pickled Herring Market Revenues & Volume, By Home Style, 2021-2031F |
6.1.5 Bulgaria Pickled Herring Market Revenues & Volume, By Swedish Style, 2021-2031F |
6.1.6 Bulgaria Pickled Herring Market Revenues & Volume, By Mustard Dill Sauce, 2021-2031F |
6.1.7 Bulgaria Pickled Herring Market Revenues & Volume, By Cajun Sauce, 2021-2031F |
6.2 Bulgaria Pickled Herring Market, By Cut Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Pickled Herring Market Revenues & Volume, By Bites, 2021-2031F |
6.2.3 Bulgaria Pickled Herring Market Revenues & Volume, By Roll Mops, 2021-2031F |
6.2.4 Bulgaria Pickled Herring Market Revenues & Volume, By Fillets, 2021-2031F |
6.3 Bulgaria Pickled Herring Market, By Buyer Type |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Pickled Herring Market Revenues & Volume, By Individuals, 2021-2031F |
6.3.3 Bulgaria Pickled Herring Market Revenues & Volume, By Commercial/HoReCa, 2021-2031F |
6.4 Bulgaria Pickled Herring Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Pickled Herring Market Revenues & Volume, By Offline Sales, 2021-2031F |
6.4.3 Bulgaria Pickled Herring Market Revenues & Volume, By Online Sales, 2021-2031F |
7 Bulgaria Pickled Herring Market Import-Export Trade Statistics |
7.1 Bulgaria Pickled Herring Market Export to Major Countries |
7.2 Bulgaria Pickled Herring Market Imports from Major Countries |
8 Bulgaria Pickled Herring Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms related to pickled herring recipes and benefits |
8.2 Frequency of new product launches and innovations in the pickled herring market |
8.3 Number of distribution channels expanded for pickled herring products |
9 Bulgaria Pickled Herring Market - Opportunity Assessment |
9.1 Bulgaria Pickled Herring Market Opportunity Assessment, By Sauce Type, 2021 & 2031F |
9.2 Bulgaria Pickled Herring Market Opportunity Assessment, By Cut Type, 2021 & 2031F |
9.3 Bulgaria Pickled Herring Market Opportunity Assessment, By Buyer Type, 2021 & 2031F |
9.4 Bulgaria Pickled Herring Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Bulgaria Pickled Herring Market - Competitive Landscape |
10.1 Bulgaria Pickled Herring Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Pickled Herring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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