Bulgaria: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Bulgaria

In 2020, the Bulgarian metal advertising sign market increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, the total consumption indicated a pronounced increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Metal Advertising Sign Production in Bulgaria

In value terms, metal advertising sign production rose to $X in 2020 estimated in export prices. In general, production posted a pronounced increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Metal advertising sign production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Bulgaria

In 2020, metal advertising sign exports from Bulgaria fell dramatically to X tons, declining by -X% on the previous year's figure. Overall, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports shrank dramatically to $X in 2020. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for metal advertising sign exports from Bulgaria, with a X% share of total exports. Moreover, metal advertising sign exports to the UK exceeded the volume sent to the second major destination, France (X kg), sevenfold. The third position in this ranking was occupied by the U.S. (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the UK totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and the U.S. (+X% per year).

In value terms, the UK ($X) remains the key foreign market for metal advertising sign exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value to the UK amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Bulgaria

In 2020, imports of metal advertising signs into Bulgaria reduced rapidly to X tons, which is down by -X% against the previous year's figure. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports fell rapidly to $X in 2020. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Turkey (X tons) constituted the largest metal advertising sign supplier to Bulgaria, with a X% share of total imports. Moreover, metal advertising sign imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was occupied by Austria (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Turkey totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Austria (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of metal advertising sign to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Turkey stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Germany (-X% per year).

Import Prices by Country

The average metal advertising sign import price stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :