Bulgaria: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2025

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Bulgaria

The Bulgarian market for boards, sheets, panels, tiles and similar articles of plaster not faced totaled $X in 2021, stabilizing at the previous year. Overall, consumption, however, showed a pronounced contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Bulgaria

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced rose to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2017 with an increase of 32%. Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Bulgaria

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were exported from Bulgaria; increasing by 1,518% compared with 2020. Overall, exports, however, saw a abrupt curtailment. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt slump. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Bulgaria, with a 70% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to Greece exceeded the volume sent to the second major destination, Italy (X square meters), sixfold. Cyprus (X square meters) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Greece stood at -12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+19.0% per year) and Cyprus (0.0% per year).

In value terms, Greece ($X) emerged as the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Bulgaria, comprising 60% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 11% share of total exports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Greece totaled -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+1,230.9% per year) and Italy (+33.8% per year).

Export Prices by Country

In 2021, the average export price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, picking up by 18% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 83% against the previous year. The export price peaked at $X per square meter in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per square meter), while the average price for exports to Cyprus ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Bulgaria

For the third year in a row, Bulgaria recorded growth in purchases abroad of boards, sheets, panels, tiles and similar articles of plaster not faced, which increased by 3.3% to X square meters in 2021. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2013 with an increase of 252% against the previous year. As a result, imports attained the peak of X square meters. From 2014 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. In general, imports showed a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 288% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Turkey (X square meters), China (X square meters) and Germany (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to Bulgaria, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +35.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to Bulgaria were China ($X), Turkey ($X) and Germany ($X), together accounting for 95% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +30.1%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, rising by 36% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. Over the period under review, average import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Greece ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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