Bulgaria: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Bulgaria

The Bulgarian articles of fiber cement market declined to $X in 2023, which is down by X% against the previous year. In general, consumption showed a deep slump. The pace of growth was the most pronounced in 2022 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Bulgaria

In value terms, articles of fiber cement production reduced to $X in 2023 estimated in export price. In general, production recorded a deep reduction. The most prominent rate of growth was recorded in 2022 with an increase of X%. Articles of fiber cement production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Bulgaria

In 2023, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, articles of fiber cement exports expanded modestly to $X in 2023. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for articles of fiber cement exports from Bulgaria, with a X% share of total exports. Moreover, articles of fiber cement exports to Oman exceeded the volume sent to the second major destination, Romania (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Oman was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Greece (X% per year).

In value terms, the largest markets for articles of fiber cement exported from Bulgaria were Romania ($X), Greece ($X) and Oman ($X), together accounting for X% of total exports.

Greece, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Bulgaria

After two years of growth, supplies from abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by X% to X tons in 2023. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, articles of fiber cement imports rose modestly to $X in 2023. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Turkey (X tons) constituted the largest supplier of articles of fiber cement to Bulgaria, with a X% share of total imports. Moreover, articles of fiber cement imports from Turkey exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and China (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Slovenia, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Slovenia (X% per year).

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform