Bulgaria: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Bulgaria

The Bulgarian non-cellular polypropylene film market expanded remarkably to $X in 2021, growing by 8.3% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Non-cellular polypropylene film consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Non-Cellular Polypropylene Film Production in Bulgaria

In value terms, non-cellular polypropylene film production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 20%. Non-cellular polypropylene film production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Non-Cellular Polypropylene Film Exports

Exports from Bulgaria

After nine years of growth, shipments abroad of non-cellular polypropylene films, sheets, foil and strip decreased by -4.6% to X tons in 2021. Overall, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of 36% against the previous year. The exports peaked at X tons in 2020, and then declined in the following year.

In value terms, non-cellular polypropylene film exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Italy (X tons), Greece (X tons) and Turkey (X tons) were the main destinations of non-cellular polypropylene film exports from Bulgaria, with a combined 39% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +64.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cellular polypropylene film exported from Bulgaria were Italy ($X), Greece ($X) and Turkey ($X), together comprising 38% of total exports.

Among the main countries of destination, Greece, with a CAGR of +61.1%, saw 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 non-cellular polypropylene film export price stood at $X per ton in 2021, picking up by 42% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were France ($X per ton) and Romania ($X per ton), while the average price for exports to Germany ($X per ton) and Greece ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polypropylene Film Imports

Imports into Bulgaria

In 2021, purchases abroad of non-cellular polypropylene films, sheets, foil and strip increased by 14% to X tons, rising for the third year in a row after two years of decline. Overall, imports posted temperate growth. The pace of growth was the most pronounced in 2013 with an increase of 188%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, non-cellular polypropylene film imports soared to $X in 2021. Over the period under review, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 91%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of non-cellular polypropylene film imports to Bulgaria, together comprising 56% of total imports. Greece, Germany, Austria, China, Egypt, Portugal, Lebanon, France, Hungary and Belgium lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +45.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Poland ($X) and Germany ($X) were the largest non-cellular polypropylene film suppliers to Bulgaria, with a combined 52% share of total imports. These countries were followed by Italy, Greece, China, France, Austria, Lebanon, Egypt, Portugal, Belgium and Hungary, which together accounted for a further 38%.

In terms of the main suppliers, France, with a CAGR of +46.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-cellular polypropylene film import price amounted to $X per ton, rising by 16% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

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 ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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