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Bulgaria - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Asbestos Market 2022

Asbestos Market Size in Bulgaria

The Bulgarian asbestos market shrank dramatically to $X in 2020, with a decrease of -X% against the previous year. Over the period under review, consumption showed a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Asbestos consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Asbestos Production in Bulgaria

In value terms, asbestos production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a notable expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. Asbestos production peaked in 2020 and is expected to retain growth in the immediate term.

Asbestos Exports

Exports from Bulgaria

In 2020, approx. X tons of asbestos were exported from Bulgaria; growing by X% compared with 2019 figures. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, asbestos exports soared to $X in 2020. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Romania (X tons) was the main destination for asbestos exports from Bulgaria, with a X% share of total exports. Moreover, asbestos exports to Romania exceeded the volume sent to the second major destination, Greece (X tons), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Romania amounted to +X%.

In value terms, Romania ($X) and Greece ($X) were the largest markets for asbestos exported from Bulgaria worldwide.

In terms of the main countries of destination, Greece (+X% per year) recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2020, the average asbestos export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Greece ($X per ton), while the average price for exports to Romania stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania.

Asbestos Imports

Imports into Bulgaria

In 2020, the amount of asbestos imported into Bulgaria reduced sharply to X kg, shrinking by -X% against the year before. Over the period under review, imports recorded a dramatic decline. Imports peaked at X kg in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports fell markedly to $X in 2020. In general, imports faced a dramatic shrinkage. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2019, North Macedonia (X kg) was the main asbestos supplier to Bulgaria, with a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from North Macedonia was relatively modest.

In value terms, North Macedonia ($X) constituted the largest supplier of asbestos to Bulgaria.

From 2007 to 2019, the average annual rate of growth in terms of value from North Macedonia was relatively modest.

Import Prices by Country

The average asbestos import price stood at $X per ton in 2019, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a modest increase. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. The import price peaked at $X per ton in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for North Macedonia.

From 2007 to 2019, the rate of growth in terms of prices for North Macedonia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of in 2021 were India, China and Russia, with a combined 56% share of global consumption. These countries were followed by Maldives, Indonesia, Uzbekistan, Iran, Sri Lanka, Thailand, Vietnam, Kazakhstan and Bangladesh, which together accounted for a further 34%.

What are the largest producers of asbestos in the world?

The country with the largest volume of asbestos production was Russia, accounting for 55% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was occupied by Brazil, with an 11% share.

What are the leading suppliers of asbestos to Bulgaria?

In value terms, North Macedonia $55) constituted the largest supplier of asbestos to Bulgaria.

What are the leading importers of asbestos from Bulgaria?

In value terms, Greece emerged as the key foreign market for asbestos exports from Bulgaria, comprising 63% of total exports. The second position in the ranking was occupied by Croatia, with a 25% share of total exports.

What is the average export price for asbestos in Bulgaria?

In 2021, the average asbestos export price amounted to $1,756 per ton, increasing by 52% against the previous year.

What is the average import price for asbestos in Bulgaria?

The average asbestos import price stood at $1,078 per ton in 2019, flattening at the previous year.

This report provides an in-depth analysis of the asbestos market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023