Report Update Nov 1, 2024

Bulgaria - Glass in the Mass - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Bulgaria

For the third consecutive year, the Bulgarian glass in the mass market recorded growth in sales value, which increased by 44% to $X in 2022. In general, consumption posted a resilient increase. Glass in the mass consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Glass in The Mass

Exports from Bulgaria

In 2022, overseas shipments of glass in the mass decreased by -91.9% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2013 with an increase of 18,939%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass in the mass exports shrank remarkably to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 13,316%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Serbia (X tons), Azerbaijan (X tons) and Mauritius (X tons) were the main destinations of glass in the mass exports from Bulgaria, together comprising 67% of total exports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +42.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Azerbaijan ($X) and Montenegro ($X) were the largest markets for glass in the mass exported from Bulgaria worldwide, with a combined 64% share of total exports.

In terms of the main countries of destination, Serbia, with a CAGR of +63.5%, recorded the highest rates of growth with regard to 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

The average glass in the mass export price stood at $X per ton in 2022, increasing by 252% against the previous year. In general, the export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2017 when the average export price increased by 770%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Ukraine ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass in The Mass

Imports into Bulgaria

Glass in the mass imports into Bulgaria surged to X tons in 2022, rising by 38% on the year before. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 80%. Over the period under review, glass in mass imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, glass in the mass imports soared to $X in 2022. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 51% against the previous year. Over the period under review, glass in mass imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Romania (X tons) constituted the largest glass in the mass supplier to Bulgaria, accounting for a 59% share of total imports. Moreover, glass in the mass imports from Romania exceeded the figures recorded by the second-largest supplier, Greece (X tons), threefold. Serbia (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Romania amounted to +81.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+1.5% per year) and Serbia (-3.3% per year).

In value terms, Romania ($X) constituted the largest supplier of glass in the mass to Bulgaria, comprising 68% of total imports. The second position in the ranking was taken by Greece ($X), with a 15% share of total imports. It was followed by Serbia, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania totaled +69.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-1.5% per year) and Serbia (-7.1% per year).

Import Prices by Country

In 2022, the average glass in the mass import price amounted to $X per ton, with an increase of 4.6% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass in the mass in the world?

The countries with the highest volumes of in 2021 were the Netherlands, Japan and Germany, with a combined 36% share of global consumption. Portugal, the UK, Italy, the Czech Republic, Spain, Canada, Russia, Austria, Croatia and Mexico lagged somewhat behind, together comprising a further 40%.

What are the largest producers of glass in the mass in the world?

The countries with the highest volumes of in 2021 were Japan, the UK and Switzerland, with a combined 32% share of global production. Belgium, the Netherlands, France, Canada, Ireland, China, Sweden, Hungary, Poland and Finland lagged somewhat behind, together comprising a further 42%.

What are the leading suppliers of glass in the mass to Bulgaria?

In value terms, Romania, Greece and Serbia appeared to be the largest glass in the mass suppliers to Bulgaria, with a combined 93% share of total imports. These countries were followed by North Macedonia, which accounted for a further 4.3%.

What are the leading importers of glass in the mass from Bulgaria?

In value terms, Romania remains the key foreign market for glass in the mass exports from Bulgaria, comprising 66% of total exports. The second position in the ranking was occupied by Ukraine, with a 20% share of total exports.

What is the average export price for glass in the mass in Bulgaria?

The average glass in the mass export price stood at $120 per ton in 2021, dropping by -11.2% against the previous year.

What is the average import price for glass in the mass in Bulgaria?

In 2021, the average glass in the mass import price amounted to $77 per ton, rising by 18% against the previous year.

This report provides an in-depth analysis of the market for glass in the mass 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 23191110 - Glass in the mass (excluding glass in the form of powder, g ranules or flakes)

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