Bulgaria: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Bulgaria

The Bulgarian market for floor, wall or ceiling coverings of plastics skyrocketed to $X in 2022, jumping by 16% against the previous year. Over the period under review, consumption showed buoyant growth. Consumption of peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Bulgaria

In value terms, production of floor, wall or ceiling coverings of plastics totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 7.1%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Bulgaria

For the fourth year in a row, Bulgaria recorded growth in overseas shipments of floor, wall or ceiling coverings of plastics, which increased by 95% to X square meters in 2022. Overall, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of floor, wall or ceiling coverings of plastics surged to $X in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 115%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Serbia (X square meters), Libya (X square meters) and Italy (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Bulgaria, with a combined 61% share of total exports. Greece, Romania, Iran, Turkey, North Macedonia and France lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +136.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic floor, wall and ceiling coverings exported from Bulgaria were Italy ($X), Greece ($X) and Serbia ($X), with a combined 52% share of total exports.

Italy, with a CAGR of +106.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, which is down by -6.6% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 52%. The export price peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while the average price for exports to Iran ($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 Italy (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Bulgaria

For the sixth consecutive year, Bulgaria recorded growth in supplies from abroad of floor, wall or ceiling coverings of plastics, which increased by 19% to X square meters in 2022. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of floor, wall or ceiling coverings of plastics surged to $X in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X square meters), Serbia (X square meters) and Turkey (X square meters) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Bulgaria, together comprising 62% of total imports. Belgium, Germany, the Netherlands, Slovenia, India, Romania, Italy, Russia, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +59.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings suppliers to Bulgaria were China ($X), Serbia ($X) and Belgium ($X), with a combined 51% share of total imports. Turkey, the Netherlands, Germany, Slovenia, Poland, Romania, the Czech Republic, Russia, Italy and India lagged somewhat behind, together accounting for a further 38%.

Among the main suppliers, Russia, with a CAGR of +101.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, with an increase of 6.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per square meter), while the price for India ($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 Russia (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :