Bulgaria: Wooden Door Market 2024

Wooden Door Market Size in Bulgaria

The Bulgarian wooden door market soared to $X in 2021, growing by 76% against the previous year. Overall, consumption saw a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wooden Door Production in Bulgaria

In value terms, wooden door production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.7% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 43% against the previous year. Wooden door production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wooden Door Exports

Exports from Bulgaria

In 2021, the amount of doors and their frames and thresholds of wood exported from Bulgaria fell modestly to X units, with a decrease of -3.4% compared with the previous year. Overall, exports, however, continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 36% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, wooden door exports surged to $X in 2021. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 48%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X units), Greece (X units) and the UK (X units) were the main destinations of wooden door exports from Bulgaria, with a combined 90% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +21.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Romania ($X) and the UK ($X) were the largest markets for wooden door exported from Bulgaria worldwide, together comprising 80% of total exports.

Romania, with a CAGR of +23.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wooden door export price amounted to $X per unit, with an increase of 33% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden door export price increased by +72.0% against 2019 indices. 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 export markets. In 2021, the country with the highest price was Greece ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Door Imports

Imports into Bulgaria

In 2021, imports of doors and their frames and thresholds of wood into Bulgaria skyrocketed to X units, rising by 64% on the previous year's figure. In general, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden door imports soared to $X in 2021. Over the period under review, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wooden door to Bulgaria, accounting for a 60% share of total imports. Moreover, wooden door imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was taken by Turkey (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+18.1% per year) and Turkey (+25.8% per year).

In value terms, the largest wooden door suppliers to Bulgaria were China ($X), Poland ($X) and Turkey ($X), together comprising 78% of total imports. Ukraine and Romania lagged somewhat behind, together comprising a further 15%.

Ukraine, with a CAGR of +56.3%, recorded the highest growth rate of the value of imports, among 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 2021, the average wooden door import price amounted to $X per unit, flattening at the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 14%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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