| Product Code: ETC5344483 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s whale oil import shipments in 2024 saw significant growth, with top exporting countries being Greece, Norway, Bulgaria, Germany, and Poland. The Herfindahl-Hirschman Index (HHI) remained at a very high concentration level, indicating a competitive Market Top 5 Importing Countries and Market Competition (HHI) Analysis . The impressive Compound Annual Growth Rate (CAGR) of 38.84% from 2020 to 2024 demonstrates the increasing demand for whale oil in Bulgaria. Moreover, the remarkable growth rate of 112.07% from 2023 to 2024 highlights the rapid expansion of this Market Top 5 Importing Countries and Market Competition (HHI) Analysis segment. Bulgaria`s reliance on imports for whale oil signifies a lucrative opportunity for exporters in the industry.

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 Whale Oil Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Whale Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Whale Oil Market - Industry Life Cycle |
3.4 Bulgaria Whale Oil Market - Porter's Five Forces |
3.5 Bulgaria Whale Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Bulgaria Whale Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Bulgaria Whale Oil Market Revenues & Volume Share, By Extraction Process, 2021 & 2031F |
3.8 Bulgaria Whale Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Bulgaria Whale Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of whale oil in skincare and health products |
4.2.2 Growing demand for natural and organic ingredients in cosmetics and pharmaceuticals |
4.2.3 Rise in disposable income leading to higher spending on premium beauty and wellness products |
4.3 Market Restraints |
4.3.1 Stringent regulations on whale hunting and trade impacting the supply of whale oil |
4.3.2 Shift towards plant-based alternatives due to environmental concerns and sustainability considerations |
5 Bulgaria Whale Oil Market Trends |
6 Bulgaria Whale Oil Market Segmentations |
6.1 Bulgaria Whale Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Whale Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Bulgaria Whale Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Bulgaria Whale Oil Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Whale Oil Market Revenues & Volume, By Food Processing, 2021-2031F |
6.2.3 Bulgaria Whale Oil Market Revenues & Volume, By Cosmetic and Personal Care Products, 2021-2031F |
6.2.4 Bulgaria Whale Oil Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.2.5 Bulgaria Whale Oil Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.6 Bulgaria Whale Oil Market Revenues & Volume, By Households, 2021-2031F |
6.3 Bulgaria Whale Oil Market, By Extraction Process |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Whale Oil Market Revenues & Volume, By Solvent-Extracted, 2021-2031F |
6.3.3 Bulgaria Whale Oil Market Revenues & Volume, By Cold-Pressed, 2021-2031F |
6.4 Bulgaria Whale Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Whale Oil Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Bulgaria Whale Oil Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.4.4 Bulgaria Whale Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Bulgaria Whale Oil Market Revenues & Volume, By Specialty Retail Stores, 2021-2031F |
6.4.6 Bulgaria Whale Oil Market Revenues & Volume, By Traditional Grocery Stores, 2021-2031F |
6.4.7 Bulgaria Whale Oil Market Revenues & Volume, By Online Retailers, 2021-2031F |
7 Bulgaria Whale Oil Market Import-Export Trade Statistics |
7.1 Bulgaria Whale Oil Market Export to Major Countries |
7.2 Bulgaria Whale Oil Market Imports from Major Countries |
8 Bulgaria Whale Oil Market Key Performance Indicators |
8.1 Number of new product launches containing whale oil in the Bulgarian market |
8.2 Average selling price of whale oil products compared to traditional alternatives |
8.3 Consumer sentiment and perception towards whale oil products in Bulgaria |
9 Bulgaria Whale Oil Market - Opportunity Assessment |
9.1 Bulgaria Whale Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Bulgaria Whale Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Bulgaria Whale Oil Market Opportunity Assessment, By Extraction Process, 2021 & 2031F |
9.4 Bulgaria Whale Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Bulgaria Whale Oil Market - Competitive Landscape |
10.1 Bulgaria Whale Oil Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Whale Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |