Report Update Nov 1, 2024

Bulgaria - Hydraulic Lime - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Hydraulic Lime Market 2024

Hydraulic Lime Market Size in Bulgaria

For the third year in a row, the Bulgarian hydraulic lime market recorded growth in sales value, which increased by 17% to $X in 2022. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.9% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Hydraulic Lime Production in Bulgaria

In value terms, hydraulic lime production surged to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +21.3% against 2018 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Hydraulic Lime Exports

Exports from Bulgaria

In 2022, approx. X tons of hydraulic lime were exported from Bulgaria; shrinking by -72.7% compared with 2021 figures. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 355% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, hydraulic lime exports fell significantly to $X in 2022. In general, exports, however, posted a measured increase. The growth pace was the most rapid in 2018 with an increase of 376% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

North Macedonia (X tons) and Greece (X tons) were the main destinations of hydraulic lime exports from Bulgaria.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +85.3%).

In value terms, North Macedonia ($X) emerged as the key foreign market for hydraulic lime exports from Bulgaria, comprising 66% of total exports. The second position in the ranking was taken by Greece ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to North Macedonia amounted to -1.5%.

Export Prices by Country

The average hydraulic lime export price stood at $X per ton in 2022, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Greece stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+3.9%).

Hydraulic Lime Imports

Imports into Bulgaria

In 2022, after two years of growth, there was significant decline in purchases abroad of hydraulic lime, when their volume decreased by -49.8% to X tons. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2016 with an increase of 2,082% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hydraulic lime imports dropped remarkably to $X in 2022. Overall, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of 1,312% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Romania (X tons) constituted the largest hydraulic lime supplier to Bulgaria, with a 87% share of total imports. Moreover, hydraulic lime imports from Romania exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from Romania amounted to +41.5%.

In value terms, Romania ($X) constituted the largest supplier of hydraulic lime to Bulgaria, comprising 91% of total imports. The second position in the ranking was held by Turkey ($X), with an 8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Romania totaled +51.4%.

Import Prices by Country

In 2022, the average hydraulic lime import price amounted to $X per ton, surging by 56% against the previous year. In general, the import price, however, continues to indicate a deep contraction. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydraulic lime in the world?

China constituted the country with the largest volume of hydraulic lime consumption, comprising approx. 23% of total volume. Moreover, hydraulic lime consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.7% share.

What are the largest producers of hydraulic lime in the world?

China remains the largest hydraulic lime producing country worldwide, comprising approx. 23% of total volume. Moreover, hydraulic lime production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of hydraulic lime to Bulgaria?

In value terms, Romania constituted the largest supplier of hydraulic lime to Bulgaria, comprising 90% of total imports. The second position in the ranking was occupied by the Netherlands, with a 6.7% share of total imports. It was followed by Turkey, with a 2.2% share.

What are the leading importers of hydraulic lime from Bulgaria?

In value terms, Greece remains the key foreign market for hydraulic lime exports from Bulgaria, comprising 81% of total exports. The second position in the ranking was occupied by North Macedonia, with a 17% share of total exports.

What is the average export price for hydraulic lime in Bulgaria?

The average hydraulic lime export price stood at $98 per ton in 2021, with an increase of 9.5% against the previous year.

What is the average import price for hydraulic lime in Bulgaria?

In 2021, the average hydraulic lime import price amounted to $109 per ton, with an increase of 6.7% against the previous year.

This report provides an in-depth analysis of the hydraulic lime 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 23521050 - Hydraulic lime

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