Bulgaria: Handmade Paper Market 2025

Handmade Paper Market Size in Bulgaria

The Bulgarian handmade paper market amounted to $X in 2021, flattening at the previous year. Overall, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.3% against 2019 indices. Handmade paper consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Handmade Paper Production in Bulgaria

In value terms, handmade paper production declined to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +110.6% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 70% against the previous year. Handmade paper production peaked at $X in 2020, and then contracted in the following year.

Handmade Paper Exports

Exports from Bulgaria

In 2021, approx. X tons of handmade paper and paperboard were exported from Bulgaria; with a decrease of -51% on 2020. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2017 with an increase of 7,111% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, handmade paper exports fell to $X in 2021. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of 5,724%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons) was the main destination for handmade paper exports from Bulgaria, with a 97% share of total exports. It was followed by Italy (X tons), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland totaled -2.0%.

In value terms, Poland ($X) remains the key foreign market for handmade paper and paperboard exports from Bulgaria, comprising 87% of total exports. The second position in the ranking was held by Italy ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland stood at -1.6%.

Export Prices by Country

In 2021, the average handmade paper export price amounted to $X per ton, picking up by 93% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of 95%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+10.2%).

Handmade Paper Imports

Imports into Bulgaria

In 2021, imports of handmade paper and paperboard into Bulgaria soared to X tons, increasing by 183% against the year before. In general, imports, however, saw a dramatic slump. The most prominent rate of growth was recorded in 2017 when imports increased by 938%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, handmade paper imports surged to $X in 2021. Over the period under review, imports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 788%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Finland (X tons) constituted the largest supplier of handmade paper to Bulgaria, with a 48% share of total imports. Moreover, handmade paper imports from Finland exceeded the figures recorded by the second-largest supplier, Greece (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Finland totaled -13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-12.4% per year) and Germany (+19.6% per year).

In value terms, Germany ($X), Finland ($X) and Greece ($X) constituted the largest handmade paper suppliers to Bulgaria, together accounting for 70% of total imports.

Among the main suppliers, Germany, with a CAGR of +16.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average handmade paper import price stood at $X per ton in 2021, dropping by -14.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 67%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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