Bulgaria: Common Pottery Market 2024

Common Pottery Market Size in Bulgaria

The Bulgarian common pottery market surged to $X in 2022, growing by 49% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +113.3% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Common Pottery Production in Bulgaria

In value terms, common pottery production skyrocketed to $X in 2022 estimated in export price. Overall, production posted temperate growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Common Pottery Exports

Exports from Bulgaria

In 2022, approx. X tons of common pottery were exported from Bulgaria; surging by 8.4% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 71% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, common pottery exports expanded significantly to $X in 2022. Overall, exports posted a moderate expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 89% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X tons), Iraq (X tons) and Greece (X tons) were the main destinations of common pottery exports from Bulgaria, with a combined 55% share of total exports. Serbia, Cyprus, Bosnia and Herzegovina, Germany, Georgia, Armenia, Turkey, North Macedonia and the United States lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Cyprus (with a CAGR of +75.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for common pottery exported from Bulgaria were Romania ($X), Greece ($X) and Serbia ($X), together accounting for 59% of total exports. Cyprus, Bosnia and Herzegovina, Iraq, Germany, Armenia, Georgia, Turkey, North Macedonia and the United States lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Cyprus, with a CAGR of +68.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average common pottery export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 85% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Iraq ($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 Romania (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Bulgaria

Common pottery imports into Bulgaria skyrocketed to X tons in 2022, picking up by 24% compared with 2021 figures. Over the period under review, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of 54% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, common pottery imports soared to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Turkey (X tons) and Hungary (X tons) were the main suppliers of common pottery imports to Bulgaria, together comprising 53% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +40.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Hungary ($X) constituted the largest common pottery suppliers to Bulgaria, with a combined 45% share of total imports.

Hungary, with a CAGR of +33.3%, saw the highest growth rate of 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

In 2022, the average common pottery import price amounted to $X per ton, increasing by 16% against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 39%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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