Bulgaria: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Bulgaria

In 2022, the Bulgarian market for boards, sheets, panels, or tiles of gypsum or plaster was finally on the rise to reach $X after two years of decline. In general, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Bulgaria

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster totaled $X in 2022 estimated in export price. In general, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Bulgaria

After three years of growth, overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to X square meters in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X square meters in 2021, and then declined markedly in the following year.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster dropped modestly to $X in 2022. In general, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Romania (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Bulgaria, with a X% share of total exports. Moreover, exports of boards, sheets, panels, or tiles of gypsum or plaster to Romania exceeded the volume sent to the second major destination, Serbia (X square meters), sixfold. The third position in this ranking was held by Greece (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Greece (X% per year).

In value terms, Romania ($X) remains the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with an X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Greece (X% per year).

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while the average price for exports to North Macedonia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Bulgaria

In 2022, the amount of boards, sheets, panels, or tiles of gypsum or plaster imported into Bulgaria plummeted to X square meters, dropping by X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X square meters, and then fell significantly in the following year.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X square meters), Romania (X square meters) and Hungary (X square meters) were the main suppliers of imports of boards, sheets, panels, or tiles of gypsum or plaster to Bulgaria, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster suppliers to Bulgaria were Romania ($X), Turkey ($X) and Hungary ($X), with a combined X% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of X%, 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 import price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, picking up by X% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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