Bulgaria: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Bulgaria

The Bulgarian market for float glass and surface ground or polished glass fell dramatically to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Float Glass And Surface Ground or Polished Glass in Bulgaria

In value terms, production of float glass and surface ground or polished glass dropped to $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Bulgaria

In 2022, shipments abroad of float glass and surface ground or polished glass increased by X% to X square meters, rising for the third year in a row after three years of decline. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of float glass and surface ground or polished glass skyrocketed to $X in 2022. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Romania (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Bulgaria, with a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Romania exceeded the volume sent to the second major destination, Turkey (X square meters), threefold. The third position in this ranking was taken by Ukraine (X square meters), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Ukraine (X% per year).

In value terms, Romania ($X) remains the key foreign market for float glass and surface ground or polished glass exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with an X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Romania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, increasing by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for float glass and surface ground or polished glass increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per square meter), while the average price for exports to Morocco ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Bulgaria

In 2022, supplies from abroad of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second year in a row after three years of decline. In general, imports enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X square meters. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass soared to $X in 2022. Overall, imports posted a measured increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Romania (X square meters) constituted the largest float glass and surface ground or polished glass supplier to Bulgaria, accounting for a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from Romania exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), twofold. The third position in this ranking was taken by Russia (X square meters), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Romania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Russia (X% per year).

In value terms, Romania ($X) constituted the largest supplier of float glass and surface ground or polished glass to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Romania amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Hungary (X% per year).

Import Prices by Country

The average import price for float glass and surface ground or polished glass stood at $X per square meter in 2022, declining by X% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground or polished glass increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Iran ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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