Bulgaria: Sawnwood (Non-Coniferous) Market 2025

Sawnwood (Non-Coniferous) Market Size in Bulgaria

The Bulgarian sawnwood (non-coniferous) market surged to $X in 2022, increasing by 25% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Sawnwood (Non-Coniferous) Production in Bulgaria

In value terms, sawnwood (non-coniferous) production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible decrease. The growth pace was the most rapid in 2021 when the production volume increased by 30% against the previous year. Sawnwood (non-coniferous) production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Bulgaria

In 2022, the amount of sawnwood (non-coniferous) exported from Bulgaria fell markedly to X cubic meters, which is down by -42.2% compared with the previous year. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sawnwood (non-coniferous) exports contracted markedly to $X in 2022. Over the period under review, exports saw a pronounced curtailment. The growth pace was the most rapid in 2017 with an increase of 20% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

China (X cubic meters), Greece (X cubic meters) and Israel (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from Bulgaria, with a combined 49% share of total exports. Italy, Turkey, Iran, Romania, France, Mexico, India, Germany and the United Arab Emirates lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +52.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sawnwood (non-coniferous) exported from Bulgaria were China ($X), Italy ($X) and Greece ($X), together accounting for 41% of total exports. Mexico, Israel, France, Iran, Turkey, India, Romania, the United Arab Emirates and Germany lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, Mexico, with a CAGR of +61.2%, recorded the highest growth rate of 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

In 2022, the average sawnwood (non-coniferous) export price amounted to $X per cubic meter, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per cubic meter), while the average price for exports to Israel ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Bulgaria

In 2022, sawnwood (non-coniferous) imports into Bulgaria surged to X cubic meters, picking up by 16% compared with 2021. In general, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports surged to $X in 2022. Over the period under review, imports posted resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 44%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey (X cubic meters), Germany (X cubic meters) and Romania (X cubic meters) were the main suppliers of sawnwood (non-coniferous) imports to Bulgaria, together comprising 61% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +62.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and Poland ($X) constituted the largest sawnwood (non-coniferous) suppliers to Bulgaria, with a combined 47% share of total imports.

Among the main suppliers, Poland, with a CAGR of +69.9%, recorded 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

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, rising by 15% against the previous year. Over the period under review, the import price posted a buoyant increase. The growth pace was the most rapid in 2014 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per cubic meter), while the price for Romania ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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