Bulgaria: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Bulgaria

For the third consecutive year, the Bulgarian market for floor, wall or ceiling coverings of plastics recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption enjoyed a resilient increase. Consumption of peaked in 2023 and is expected to retain growth in the immediate term.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Bulgaria

In value terms, production of floor, wall or ceiling coverings of plastics dropped modestly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Bulgaria

In 2023, after two years of growth, there was significant decline in overseas shipments of floor, wall or ceiling coverings of plastics, when their volume decreased by X% to X square meters. Overall, exports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at X square meters in 2022, and then declined remarkably in the following year.

In value terms, exports of floor, wall or ceiling coverings of plastics dropped modestly to $X in 2023. In general, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2022, and then dropped slightly in the following year.

Exports by Country

Greece (X square meters), Libya (X square meters) and Romania (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Bulgaria, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Libya (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) emerged as the key foreign market for floor, wall or ceiling coverings of plastics exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Serbia ($X), with an X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Greece stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Armenia (X% per year).

Export Prices by Country

In 2023, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, jumping by X% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2023 and is likely to see gradual growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Bulgaria

In 2023, approx. X square meters of floor, wall or ceiling coverings of plastics were imported into Bulgaria; increasing by X% on the previous year's figure. Overall, total imports indicated noticeable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X square meters in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of floor, wall or ceiling coverings of plastics skyrocketed to $X in 2023. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports of hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

China (X square meters), Serbia (X square meters) and Turkey (X square meters) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Bulgaria, together accounting for X% of total imports. Belgium, the Netherlands, Germany, Slovenia, India, France, the UK, Hungary and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings suppliers to Bulgaria were Belgium ($X), China ($X) and Serbia ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2023, flattening at the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2022, and then dropped slightly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform