Bulgaria: Hotel Restaurant and Institutional Food Service

  |   Attaché Report (GAIN)   |   BU2023-0005

Contact:

Office of Agricultural Affairs, Sofia   |   (011-3592) 939-5774

Link to report:

Bulgaria: Hotel Restaurant and Institutional Food Service

Bulgaria’s hotel, restaurant, and institutional (HRI) foodservice industry grew year-on-year by early 2020. The COVID-19 pandemic severely hit the industry and food service sales dropped significantly in 2020 and in early 2021. In 2021, despite some remaining anti-COVID measures, after a strong summer tourist season, the HRI sector started to rebound and registered up to 25 percent growth in certain categories over 2020. However, the levels are still lower than before the pandemic. FAS Sofia expects the industry to fully recover by the end of 2024, depending on the course of new challenges such as high inflation, the war in Ukraine, high energy prices, political instability, as well as the revival of tourism and steadiness of the domestic economy.

Exporting
Europe and Eurasia, Bulgaria

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.