Bulgaria: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Bulgaria

The Bulgarian market for plastics bidets, lavatory pans and flushing cisterns surged to $X in 2021, jumping by 52% against the previous year. Over the period under review, consumption continues to indicate a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plastics Bidets, Lavatory Pans and Flushing Cisterns in Bulgaria

In value terms, production of plastics bidets, lavatory pans and flushing cisterns expanded slightly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 31% against the previous year. Over the period under review, production of attained the maximum level in 2021 and is likely to continue growth in the immediate term.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports from Bulgaria

In 2021, exports of plastics bidets, lavatory pans and flushing cisterns from Bulgaria soared to X units, increasing by 33% compared with the previous year. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 62% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 99%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Romania (X units) was the main destination for exports of plastics bidets, lavatory pans and flushing cisterns from Bulgaria, accounting for a 26% share of total exports. Moreover, exports of plastics bidets, lavatory pans and flushing cisterns to Romania exceeded the volume sent to the second major destination, Saudi Arabia (X units), twofold. Poland (X units) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania amounted to +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+192.4% per year) and Poland (+25.7% per year).

In value terms, Romania ($X), Germany ($X) and Saudi Arabia ($X) appeared to be the largest markets for plastics bidets, lavatory pans and flushing cisterns exported from Bulgaria worldwide, with a combined 41% share of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of +193.8%, recorded 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 export price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2021, growing by 8% against the previous year. In general, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for plastics bidets, lavatory pans and flushing cisterns increased by +34.3% against 2014 indices. The growth pace was the most rapid in 2020 an increase of 26% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Albania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports into Bulgaria

In 2021, imports of plastics bidets, lavatory pans and flushing cisterns into Bulgaria soared to X units, picking up by 84% on 2020 figures. In general, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns skyrocketed to $X in 2021. Over the period under review, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest plastics bidets, lavatory pans and flushing cisterns supplier to Bulgaria, with a 55% share of total imports. Moreover, imports of plastics bidets, lavatory pans and flushing cisterns from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was held by China (X units), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.1% per year) and China (+2.6% per year).

In value terms, Germany ($X) constituted the largest supplier of plastics bidets, lavatory pans and flushing cisterns to Bulgaria, comprising 40% of total imports. The second position in the ranking was taken by Austria ($X), with a 12% share of total imports. It was followed by Turkey, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+15.5% per year) and Turkey (+5.1% per year).

Import Prices by Country

The average import price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2021, which is down by -6.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 34% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :