Report Update Nov 1, 2024

Bulgaria - Granite (Crude) - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Crude Granite Market 2024

Crude Granite Market Size in Bulgaria

The Bulgarian crude granite market rose slightly to $X in 2022, growing by 3% against the previous year. Over the period under review, consumption, however, showed a noticeable setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Crude Granite Production in Bulgaria

In value terms, crude granite production expanded slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of 46% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Crude Granite Exports

Exports from Bulgaria

In 2022, overseas shipments of granite (crude) increased by 17% to X tons, rising for the fourth year in a row after two years of decline. In general, exports, however, faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 1,093%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, crude granite exports surged to $X in 2022. Overall, exports, however, saw a sharp decrease. The most prominent rate of growth was recorded in 2015 with an increase of 330%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X tons), Greece (X tons) and Spain (X tons) were the main destinations of crude granite exports from Bulgaria, with a combined 100% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +77.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crude granite exported from Bulgaria were Greece ($X), Romania ($X) and Spain ($X), with a combined 100% share of total exports.

Among the main countries of destination, Spain, with a CAGR of +48.2%, recorded 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 crude granite export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2017 an increase of 18%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Romania ($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 Italy (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Granite Imports

Imports into Bulgaria

In 2022, imports of granite (crude) into Bulgaria fell slightly to X tons, shrinking by -4.9% compared with 2021. Over the period under review, imports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2015 when imports increased by 889%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, crude granite imports skyrocketed to $X in 2022. In general, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,557%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of crude granite to Bulgaria, accounting for a 83% share of total imports. Moreover, crude granite imports from Italy exceeded the figures recorded by the second-largest supplier, Finland (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +54.5%.

In value terms, Italy ($X) constituted the largest supplier of granite (crude) to Bulgaria, comprising 94% of total imports. The second position in the ranking was taken by Finland ($X), with a 5.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +56.2%.

Import Prices by Country

In 2022, the average crude granite import price amounted to $X per ton, increasing by 201% against the previous year. In general, the import price showed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+115.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granite (crude) in the world?

The countries with the highest volumes of in 2021 were Ukraine, China and the United States, together comprising 38% of global consumption. India, Indonesia, Japan, Pakistan, Nigeria, Brazil, the UK, Mexico, Poland and South Korea lagged somewhat behind, together comprising a further 31%.

What are the largest producers of granite (crude) in the world?

The countries with the highest volumes of in 2021 were Ukraine, China and India, together accounting for 39% of global production.

What are the leading suppliers of granite (crude) to Bulgaria?

In value terms, Italy constituted the largest supplier of crude granite to Bulgaria, comprising 67% of total imports. The second position in the ranking was occupied by Turkey, with an 18% share of total imports.

What are the leading importers of granite (crude) from Bulgaria?

In value terms, the largest markets for crude granite exported from Bulgaria were Romania, Greece and Spain $750).

What is the average export price for granite (crude) in Bulgaria?

The average crude granite export price stood at $457 per ton in 2021, with a decrease of -30.6% against the previous year.

What is the average import price for granite (crude) in Bulgaria?

The average crude granite import price stood at $304 per ton in 2021, declining by -39.6% against the previous year.

This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed

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