Bulgaria: Paper Articles Market 2024

Paper Articles Market Size in Bulgaria

The Bulgarian paper articles market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a perceptible reduction. Paper articles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Paper Articles Production in Bulgaria

In value terms, paper articles production expanded significantly to $X in 2022 estimated in export price. In general, production continues to indicate buoyant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

Paper Articles Exports

Exports from Bulgaria

In 2022, overseas shipments of boxes, pouches, wallets and writing compendiums of paper increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper articles exports surged to $X in 2022. Over the period under review, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for paper articles exports from Bulgaria, with a X% share of total exports. Moreover, paper articles exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was taken by Romania (X kg), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Romania (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for boxes, pouches, wallets and writing compendiums of paper exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average paper articles export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Romania ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Articles Imports

Imports into Bulgaria

In 2022, paper articles imports into Bulgaria dropped dramatically to X tons, waning by X% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, paper articles imports reduced dramatically to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Greece (X tons) and Poland (X tons) were the main suppliers of paper articles imports to Bulgaria, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of boxes, pouches, wallets and writing compendiums of paper to Bulgaria, comprising X% of total imports. The second position in the ranking was held by Greece ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average paper articles import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a slight slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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