Bulgaria - Fireclay - Market Analysis, Forecast, Size, Trends and Insights
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Fireclay Market Size in Bulgaria
For the eighth consecutive year, the Bulgarian fireclay market recorded growth in sales value, which increased by 4.6% to $X in 2021. Overall, consumption showed a remarkable increase. Fireclay consumption peaked in 2021 and is expected to retain growth in the near future.
Fireclay Production in Bulgaria
In value terms, fireclay production declined to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 56%. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.
Fireclay Exports
Exports from Bulgaria
In 2021, overseas shipments of fireclay increased by 145% to X tons, rising for the second consecutive year after four years of decline. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 233% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
In value terms, fireclay exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
North Macedonia (X tons) and the United Arab Emirates (X tons) were the main destinations of fireclay exports from Bulgaria.
From 2012 to 2021, the biggest increases were in North Macedonia (with a CAGR of +5.0%).
In value terms, the United Arab Emirates ($X) emerged as the key foreign market for fireclay exports from Bulgaria, comprising 83% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 15% share of total exports.
From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest.
Export Prices by Country
In 2021, the average fireclay export price amounted to $X per ton, surging by 432% against the previous year. Over the period under review, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to North Macedonia totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+4.5%).
Fireclay Imports
Imports into Bulgaria
In 2021, supplies from abroad of fireclay increased by 24% to X tons, rising for the sixth year in a row after three years of decline. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 988%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.
In value terms, fireclay imports surged to $X in 2021. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 227% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Ukraine (X tons) was the main supplier of fireclay to Bulgaria, with a 97% share of total imports. It was followed by Turkey (X tons), with a 2.3% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Ukraine amounted to +6.3%.
In value terms, Ukraine ($X) constituted the largest supplier of fireclay to Bulgaria, comprising 91% of total imports. The second position in the ranking was held by Turkey ($X), with a 2.7% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Ukraine totaled +6.3%.
Import Prices by Country
The average fireclay import price stood at $X per ton in 2021, growing by 2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 83% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Ukraine stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (0.0%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fireclay 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 08122230 - Fireclay
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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