Bulgaria: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2025

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Bulgaria

In 2022, the Bulgarian carbon for electrical purposes market increased by 59% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a slight decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Bulgaria

In 2022, exports of articles of graphite or other carbon for electrical purposes from Bulgaria soared to X tons, growing by 584% against the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbon for electrical purposes exports skyrocketed to $X in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for carbon for electrical purposes exports from Bulgaria, accounting for a 95% share of total exports. It was followed by Moldova (X kg), with a 1.2% share of total exports. The third position in this ranking was taken by North Macedonia (X kg), with a 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-2.8% per year) and North Macedonia (-93.4% per year).

In value terms, Germany ($X) emerged as the key foreign market for articles of graphite or other carbon for electrical purposes exports from Bulgaria, comprising 75% of total exports. The second position in the ranking was taken by Moldova ($X), with a 9.2% share of total exports. It was followed by North Macedonia, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+74.6% per year) and North Macedonia (-67.9% per year).

Export Prices by Country

The average carbon for electrical purposes export price stood at $X per ton in 2022, shrinking by -40.6% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 121% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+384.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Bulgaria

In 2022, carbon for electrical purposes imports into Bulgaria soared to X tons, increasing by 77% on the previous year. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, carbon for electrical purposes imports skyrocketed to $X in 2022. Overall, imports, however, showed a perceptible decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of carbon for electrical purposes to Bulgaria, accounting for a 43% share of total imports. Moreover, carbon for electrical purposes imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Germany (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea totaled +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.8% per year) and Germany (-5.1% per year).

In value terms, the largest carbon for electrical purposes suppliers to Bulgaria were Germany ($X), South Korea ($X) and Italy ($X), with a combined 54% share of total imports. China, Poland, Greece, France, Turkey and Romania lagged somewhat behind, together accounting for a further 24%.

Among the main suppliers, Poland, with a CAGR of +66.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average carbon for electrical purposes import price amounted to $X per ton, shrinking by -13.9% against the previous year. Overall, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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