Report Update Nov 1, 2024

Bulgaria - Envelopes - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Envelope Market 2024

Envelope Market Size in Bulgaria

In 2021, the Bulgarian envelope market increased by 17% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a abrupt curtailment. Envelope consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Envelope Production in Bulgaria

In value terms, envelope production soared to $X in 2021 estimated in export price. Over the period under review, production, however, faced a deep downturn. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Envelope Exports

Exports from Bulgaria

In 2021, approx. X tons of envelopes were exported from Bulgaria; rising by 19% against the year before. Over the period under review, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 62% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, envelope exports reached $X in 2021. Overall, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 when exports increased by 74%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for envelope exports from Bulgaria, with a 73% share of total exports. Moreover, envelope exports to Germany exceeded the volume sent to the second major destination, Greece (X tons), eightfold. North Macedonia (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +145.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (-21.6% per year) and North Macedonia (-18.5% per year).

In value terms, Germany ($X) remains the key foreign market for envelopes exports from Bulgaria, comprising 82% of total exports. The second position in the ranking was taken by Greece ($X), with a 7.7% share of total exports. It was followed by North Macedonia, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +140.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (-15.3% per year) and North Macedonia (-16.5% per year).

Export Prices by Country

In 2021, the average envelope export price amounted to $X per ton, waning by -12.7% against the previous year. Overall, the export price, however, posted a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 78% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to North Macedonia ($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 the United States (+76.6%), while the prices for the other major destinations experienced more modest paces of growth.

Envelope Imports

Imports into Bulgaria

In 2021, supplies from abroad of envelopes was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, saw a abrupt curtailment. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, envelope imports surged to $X in 2021. In general, imports, however, showed a abrupt curtailment. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X tons), Romania (X tons) and Hungary (X tons) were the main suppliers of envelope imports to Bulgaria, with a combined 92% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of -1.1%), while imports for the other leaders experienced a decline.

In value terms, Romania ($X), Turkey ($X) and Hungary ($X) appeared to be the largest envelope suppliers to Bulgaria, together comprising 85% of total imports.

Romania, with a CAGR of -2.6%, recorded 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 a decline.

Import Prices by Country

The average envelope import price stood at $X per ton in 2021, growing by 9.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for envelopes in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 40% of global consumption. Japan, Germany, Russia, Pakistan, Brazil, Indonesia, Bangladesh, the UK, Mexico and Nigeria lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of envelopes in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together comprising 40% of global production. These countries were followed by Japan, Germany, Russia, Pakistan, Brazil, Mexico, Indonesia, Bangladesh and Nigeria, which together accounted for a further 23%.

What are the leading suppliers of envelopes to Bulgaria?

In value terms, the largest envelope suppliers to Bulgaria were Romania, Turkey and Hungary, with a combined 85% share of total imports.

What are the leading importers of envelopes from Bulgaria?

In value terms, Germany remains the key foreign market for envelope exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was occupied by Greece, with a 7.7% share of total exports. It was followed by North Macedonia, with a 3.2% share.

What is the average export price for envelopes in Bulgaria?

The average envelope export price stood at $7,273 per ton in 2021, reducing by -13.6% against the previous year.

What is the average import price for envelopes in Bulgaria?

In 2021, the average envelope import price amounted to $2,146 per ton, surging by 9.1% against the previous year.

This report provides an in-depth analysis of the envelope market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 17231230 - Envelopes of paper or paperboard

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023