Bulgaria: Sawn Wood Market 2020

Sawn Wood Market Size in Bulgaria

The revenue of the sawn wood market in Bulgaria amounted to $X in 2018, increasing by X% against the previous year. In general, sawn wood consumption continues to indicate an abrupt reduction. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the sawn wood market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Sawn Wood Production in Bulgaria

In value terms, sawn wood production amounted to $X in 2018 estimated in export prices. In general, sawn wood production continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Bulgaria sawn wood production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Sawn Wood Exports

Exports from Bulgaria

In 2018, sawn wood exports from Bulgaria stood at X cubic meters, going down by -X% against the previous year. Overall, sawn wood exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013, when exports increased by X% against the previous year. Over the period under review, sawn wood exports reached their maximum at X cubic meters in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sawn wood exports amounted to $X in 2018. In general, sawn wood exports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2013, with an increase of X% year-to-year. Bulgaria exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Indonesia (X cubic meters) represented the major exporter for wood sawn or chipped lengthwise, creating X% of total exports. It was distantly followed by China (X cubic meters) and Brazil (X cubic meters), together generating X% share of total exports. Peru (X cubic meters) and Malaysia (X cubic meters) occupied a little share of total exports.

Indonesia was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of +X% from 2007 to 2018. Brazil (-X%), Peru (-X%), China (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Brazil, Malaysia and Peru increased by X%, X%, X% and X% percentage points, while Indonesia (-X%) saw their share reduced.

In value terms, the largest sawn wood markets from Bulgaria were Malaysia ($X), Indonesia ($X) and Brazil ($X), with a combined X% share of total exports.

Malaysia recorded the highest growth rate of exports, among the main exporting countries over the last eleven year period, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

The sawn wood export price in Bulgaria stood at $X per cubic meter in 2018, rising by X% against the previous year. In general, the sawn wood export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2017, when the export price increased by X% y-o-y. Bulgaria export price peaked in 2018, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of origin; the country with the highest export price was Malaysia ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Sawn Wood Imports

Imports into Bulgaria

Sawn wood imports into Bulgaria stood at X cubic meters in 2018, dropping by -X% against the previous year. In general, sawn wood imports continue to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, sawn wood imports reached their peak figure at X cubic meters in 2009; however, from 2010 to 2018, imports remained at a lower figure.

In value terms, sawn wood imports totaled $X in 2018. Overall, sawn wood imports continue to indicate a moderate decrease. The pace of growth appeared the most rapid in 2018, when imports increased by X% against the previous year. Bulgaria imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. (X cubic meters), the UK (X cubic meters) and Taiwan, Chinese (X cubic meters) represented roughly X% of total imports of wood sawn or chipped lengthwise in 2018. Mexico (X cubic meters) ranks next in terms of the total imports with a X% share, followed by France (X%), South Korea (X%) and Australia (X%). The following importers - Germany (X cubic meters), Japan (X cubic meters), Italy (X cubic meters), Saudi Arabia (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the largest sawn wood importing markets into Bulgaria were the U.S. ($X), the UK ($X) and Italy ($X), together comprising X% of total imports. These countries were followed by Germany, France, Japan, India, Mexico, Australia, Saudi Arabia, South Korea, Taiwan, Chinese and Bulgaria, which together accounted for a further X terms of the main importing countries, India recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sawn wood import price in Bulgaria stood at $X per cubic meter in 2018, going up by X% against the previous year. Over the period under review, the sawn wood import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018, an increase of X% y-o-y. In that year, the import prices for wood sawn or chipped lengthwise reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Italy ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform