
Bulgaria - Fiber Board of Wood or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
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Fiberboard Market Size in Bulgaria
The Bulgarian fiberboard market contracted slightly to $X in 2022, approximately equating the previous year. In general, consumption continues to indicate a perceptible decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.
Fiberboard Production in Bulgaria
In value terms, fiberboard production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 6.5%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.
Fiberboard Exports
Exports from Bulgaria
In 2022, after four years of growth, there was significant decline in overseas shipments of fiber board of wood or other ligneous materials, when their volume decreased by -16.1% to X cubic meters. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 146%. As a result, the exports reached the peak of X cubic meters, and then dropped markedly in the following year.
In value terms, fiberboard exports rose rapidly to $X in 2022. In general, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 145% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Exports by Country
Greece (X cubic meters), Italy (X cubic meters) and Serbia (X cubic meters) were the main destinations of fiberboard exports from Bulgaria, with a combined 58% share of total exports. Algeria, Tunisia, Romania, Albania, Turkey, North Macedonia and Morocco lagged somewhat behind, together comprising a further 36%.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +63.8%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for fiberboard exported from Bulgaria were Greece ($X), Italy ($X) and Serbia ($X), together accounting for 60% of total exports. Algeria, Romania, Tunisia, Albania, North Macedonia, Turkey and Morocco lagged somewhat behind, together accounting for a further 31%.
Among the main countries of destination, Algeria, with a CAGR of +66.1%, saw the highest growth rate of 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 fiberboard export price amounted to $X per cubic meter, growing by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($X per cubic meter), while the average price for exports to Tunisia ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+74.6%), while the prices for the other major destinations experienced more modest paces of growth.
Fiberboard Imports
Imports into Bulgaria
In 2022, after eight years of growth, there was decline in overseas purchases of fiber board of wood or other ligneous materials, when their volume decreased by -1.8% to X cubic meters. Overall, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2013 indices. The pace of growth appeared the most rapid in 2017 with an increase of 13% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2021, and then shrank slightly in the following year.
In value terms, fiberboard imports expanded significantly to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports by Country
In 2022, Turkey (X cubic meters) constituted the largest fiberboard supplier to Bulgaria, accounting for a 44% share of total imports. Moreover, fiberboard imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), twofold. Romania (X cubic meters) ranked third in terms of total imports with a 10% share.
From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.4% per year) and Romania (+7.1% per year).
In value terms, Turkey ($X) constituted the largest supplier of fiber board of wood or other ligneous materials to Bulgaria, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by Poland, with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.5% per year) and Poland (+7.0% per year).
Import Prices by Country
The average fiberboard import price stood at $X per cubic meter in 2022, increasing by 12% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per cubic meter), while the price for Romania ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fiberboard 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 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
- Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
- Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
- Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
- Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
- Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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