Bulgaria: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Bulgaria

The Bulgarian market for clays for construction and industrial use fell significantly to $X in 2022, shrinking by -69.8% against the previous year. Over the period under review, consumption recorded a abrupt decline. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Production of Clays For Construction and Industrial Use in Bulgaria

In value terms, production of clays for construction and industrial use rose significantly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2014 with an increase of 364%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Clays For Construction and Industrial Use

Exports from Bulgaria

In 2022, overseas shipments of clays for construction and industrial use were finally on the rise to reach X tons after five years of decline. Overall, exports enjoyed temperate growth. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of clays for construction and industrial use soared to $X in 2022. In general, exports, however, continue to indicate a deep contraction. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for exports of clays for construction and industrial use from Bulgaria, with a 98% share of total exports. It was followed by Romania (X kg), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to +340.2%.

In value terms, Italy ($X) remains the key foreign market for clays for construction and industrial use exports from Bulgaria, comprising 95% of total exports. The second position in the ranking was held by Romania ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +152.3%.

Export Prices by Country

The average export price for clays for construction and industrial use stood at $X per ton in 2022, falling by -65.2% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 45%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Bulgaria

After three years of growth, supplies from abroad of clays for construction and industrial use decreased by -55.1% to X tons in 2022. Overall, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports attained the peak of X tons, and then contracted significantly in the following year.

In value terms, imports of clays for construction and industrial use declined notably to $X in 2022. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, Serbia (X tons) was the main clays for construction and industrial use supplier to Bulgaria, accounting for a 91% share of total imports. It was followed by South Africa (X tons), with a 2.6% share of total imports. France (X tons) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from Serbia amounted to +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+8.8% per year) and France (+54.4% per year).

In value terms, Serbia ($X) constituted the largest supplier of clays for construction and industrial use to Bulgaria, comprising 38% of total imports. The second position in the ranking was held by South Africa ($X), with a 15% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Serbia stood at +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+11.8% per year) and France (+29.8% per year).

Import Prices by Country

In 2022, the average import price for clays for construction and industrial use amounted to $X per ton, picking up by 66% against the previous year. In general, the import price, however, recorded a noticeable setback. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 France ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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