Bulgaria: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Bulgaria

For the third year in a row, the Bulgarian market for ceramic wares for laboratory or technical uses recorded growth in sales value, which increased by 31% to $X in 2022. In general, consumption showed a strong increase. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Production of Ceramic Wares For Laboratory Or Technical Uses in Bulgaria

In value terms, production of ceramic wares for laboratory or technical uses soared to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Bulgaria

In 2022, shipments abroad of ceramic wares for laboratory or technical uses increased by 111% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 158%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of ceramic wares for laboratory or technical uses skyrocketed to $X in 2022. In general, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 168%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for exports of ceramic wares for laboratory or technical uses from Bulgaria, with a 45% share of total exports. Moreover, exports of ceramic wares for laboratory or technical uses to Germany exceeded the volume sent to the second major destination, Denmark (X tons), twofold. The third position in this ranking was held by Kazakhstan (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+362.0% per year) and Kazakhstan (-32.7% per year).

In value terms, Germany ($X) remains the key foreign market for ceramic wares for laboratory or technical uses exports from Bulgaria, comprising 52% of total exports. The second position in the ranking was taken by Denmark ($X), with a 21% share of total exports. It was followed by Kazakhstan, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+298.0% per year) and Kazakhstan (-26.5% per year).

Export Prices by Country

The average export price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, waning by -12.3% against the previous year. In general, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 80% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Greece ($X per ton), while the average price for exports to Belgium ($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 Kazakhstan (+9.2%), while the prices for the other major destinations experienced a decline.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Bulgaria

Imports of ceramic wares for laboratory or technical uses into Bulgaria surged to X tons in 2022, jumping by 36% on 2021. Over the period under review, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 176%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of ceramic wares for laboratory or technical uses skyrocketed to $X in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 337%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic wares for laboratory or technical uses supplier to Bulgaria, with a 38% share of total imports. Moreover, imports of ceramic wares for laboratory or technical uses from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.1% per year) and Germany (+6.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ceramic wares for laboratory or technical uses to Bulgaria, comprising 37% of total imports. The second position in the ranking was held by India ($X), with an 18% share of total imports. It was followed by China, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +67.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+121.5% per year) and China (+32.6% per year).

Import Prices by Country

In 2022, the average import price for ceramic wares for laboratory or technical uses amounted to $X per ton, picking up by 7.3% against the previous year. Overall, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 85%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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