Bulgaria: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2025

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Bulgaria

The Bulgarian cement prefabricated structural components market declined to $X in 2021, shrinking by -1.6% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.0% 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 increased by +80.4% against 2016 indices. Cement prefabricated structural components consumption peaked at $X in 2020, and then fell slightly in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Bulgaria

In value terms, cement prefabricated structural components production dropped slightly to $X in 2021 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 +98.4% against 2016 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 33% against the previous year. Cement prefabricated structural components production peaked at $X in 2020, and then shrank slightly in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Bulgaria

In 2021, after two years of growth, there was significant decline in shipments abroad of prefabricated structural components of cement, concrete or artificial stone, when their volume decreased by -46.6% to X tons. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 2,260%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cement prefabricated structural components exports declined markedly to $X in 2021. Overall, exports showed a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 2,681%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for cement prefabricated structural components exports from Bulgaria, with a 78% share of total exports. Moreover, cement prefabricated structural components exports to Italy exceeded the volume sent to the second major destination, North Macedonia (X tons), fivefold. The third position in this ranking was taken by Greece (X tons), with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+75.0% per year) and Greece (-9.2% per year).

In value terms, Italy ($X) emerged as the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Bulgaria, comprising 70% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 23% share of total exports. It was followed by Greece, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Italy stood at +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+71.3% per year) and Greece (-8.5% per year).

Export Prices by Country

In 2021, the average cement prefabricated structural components export price amounted to $X per ton, declining by -30.8% against the previous year. In general, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 297% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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 North Macedonia ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Bulgaria

In 2021, the amount of prefabricated structural components of cement, concrete or artificial stone imported into Bulgaria rose modestly to X tons, picking up by 4.9% on the previous year. Overall, imports posted perceptible growth. The growth pace was the most rapid in 2015 when imports increased by 43%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, cement prefabricated structural components imports soared to $X in 2021. Over the period under review, imports recorded a pronounced increase. The most prominent rate of growth was recorded in 2014 with an increase of 84%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Hungary (X tons) constituted the largest supplier of cement prefabricated structural components to Bulgaria, accounting for a 48% share of total imports. Moreover, cement prefabricated structural components imports from Hungary exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by Romania (X tons), with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume from Hungary stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+61.9% per year) and Romania (-13.5% per year).

In value terms, the largest cement prefabricated structural components suppliers to Bulgaria were Germany ($X), the Czech Republic ($X) and Hungary ($X), with a combined 50% share of total imports. Romania, Poland, France, Turkey, Italy, Serbia and Croatia lagged somewhat behind, together accounting for a further 43%.

In terms of the main suppliers, Poland, with a CAGR of +89.0%, 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 cement prefabricated structural components import price amounted to $X per ton, increasing by 18% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 44% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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