Bulgaria: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Bulgaria

In 2021, after two years of decline, there was significant growth in the Bulgarian ceramic household article market, when its value increased by 37% to $X. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Ceramic Household Article Production in Bulgaria

In value terms, ceramic household article production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. Ceramic household article production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Ceramic Household Article Exports

Exports from Bulgaria

In 2021, approx. X tons of ceramic household articles and toilet articles were exported from Bulgaria; stabilizing at the year before. Over the period under review, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 122% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, ceramic household article exports soared to $X in 2021. In general, exports enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2019 when exports increased by 193%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons), Greece (X tons) and the UK (X tons) were the main destinations of ceramic household article exports from Bulgaria, together comprising 68% of total exports. Serbia, Iraq, Georgia, Italy, the United States, Turkey and Russia lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +142.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) remains the key foreign market for ceramic household articles and toilet articles exports from Bulgaria, comprising 45% of total exports. The second position in the ranking was held by Greece ($X), with a 19% share of total exports. It was followed by the UK, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania amounted to +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+25.5% per year) and the UK (+38.3% per year).

Export Prices by Country

The average ceramic household article export price stood at $X per ton in 2021, surging by 51% against the previous year. Overall, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Household Article Imports

Imports into Bulgaria

In 2021, purchases abroad of ceramic household articles and toilet articles increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 24% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, ceramic household article imports surged to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of ceramic household article imports to Bulgaria, with a combined 69% share of total imports. Germany, Romania, Italy, the Netherlands, Greece, Austria, Lithuania and Ukraine lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +129.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic household article suppliers to Bulgaria were China ($X), Turkey ($X) and Germany ($X), with a combined 55% share of total imports. These countries were followed by Poland, Italy, the Netherlands, Romania, Austria, Lithuania, Greece and Ukraine, which together accounted for a further 28%.

Ukraine, with a CAGR of +85.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ceramic household article import price stood at $X per ton in 2021, picking up by 18% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 26%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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