Bulgaria - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights

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Abrasives Price in Bulgaria - 2023

Contents:

  1. Abrasives Price in Bulgaria (CIF) - 2022
  2. Abrasives Price in Bulgaria (FOB) - 2022
  3. Abrasives Imports in Bulgaria
  4. Abrasives Exports in Bulgaria

Abrasives Price in Bulgaria (CIF) - 2022

The average abrasives import price stood at $88 per ton in 2022, falling by -22.2% against the previous year. In general, the import price, however, recorded mild growth. The growth pace was the most rapid in 2018 an increase of 132% against the previous year. As a result, import price attained the peak level of $196 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($392 per ton), while the price for Greece ($42 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Abrasives Price in Bulgaria (FOB) - 2022

The average abrasives export price stood at $4,792 per ton in 2022, jumping by 5,538% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. 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 Romania ($11,906 per ton), while the average price for exports to North Macedonia ($979 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Abrasives Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of abrasives (natural), which increased by 23% to 3.7K tons in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, abrasives imports dropped to $325K in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of $405K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Abrasives in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece137118112127-2.5%
Turkey19.214.145.876.158.3%
MalaysiaN/A47.211465.417.7%
China89.326.517.130.0-30.5%
Others33.820050.026.1-8.3%
Total2804053393255.1%

Top Suppliers of Abrasives to Bulgaria in 2022:

  1. Greece (3027.8 tons)
  2. Turkey (244.7 tons)
  3. China (213.9 tons)
  4. Malaysia (166.6 tons)

Abrasives Exports in Bulgaria

In 2022, after three years of growth, there was significant decline in overseas shipments of abrasives (natural), when their volume decreased by 99.9% to 667 kg. In general, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 6,729% against the previous year. As a result, the exports reached the peak of 3.1K tons, and then contracted notably in the following year.

In value terms, abrasives exports contracted markedly to $3.2K in 2022. Over the period under review, exports, however, recorded a pronounced expansion. The growth pace was the most rapid in 2021 when exports increased by 1,514% against the previous year. As a result, the exports attained the peak of $264K, and then plummeted in the following year.

Export of Abrasives in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CroatiaN/AN/A0.92.2144.4%
United KingdomN/AN/AN/A0.40%
North Macedonia0.412.11.20.3-9.1%
RomaniaN/AN/AN/A0.20%
ItalyN/AN/AN/A0.10%
FranceN/AN/A262N/A0%
Others2.64.30.40.1-66.2%
Total2.916.42643.23.3%

Top Export Markets for Abrasives from Bulgaria in 2022:

  1. Croatia (334.0 kg)
  2. North Macedonia (261.0 kg)
  3. United Kingdom (41.0 kg)
  4. Romania (17.0 kg)
  5. Italy (11.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the abrasives market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
  • Prodcom 08992220 -
  • Prodcom 08992230 -

Country coverage:

  • Bulgaria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bulgaria
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
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Event
The Top Import Markets for Abrasives Worldwide
Sep 19, 2023
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The global abrasives market is growing rapidly, fueled by increasing demand in various industries such as automotive, construction, and metalworking. Discover the top import markets for abrasives based on import value, including the United States, Netherlands, United Kingdom, China, and the United Arab Emirates. Learn how these countries are driving the growth of the abrasive industry and how businesses can leverage these import markets through platforms like IndexBox.

Which Country Imports the Most Natural Abrasives in the World?
May 28, 2018
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Global abrasive imports stood at X tons in 2016, declining by -X% against the previous year level. Overall, abrasive imports continue to indicate a relatively flat trend pattern. The pace of gr...

Which Country Exports the Most Natural Abrasives in the World?
May 25, 2018
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Global abrasive imports stood at X tons in 2016, declining by -X% against the previous year level. Overall, abrasive imports continue to indicate a relatively flat trend pattern. The pace of gr...

Natural Abrasive Market - India and Australia Strengthened Their Dominance in the Natural Abrasives Supplies
Oct 20, 2016
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The global natural abrasives trade amounted to X million USD in 2015, falling from X million USD in 2014. However, the previous gains allowed keeping the overall growth positive, with a CAGR of +X% from 2007 to 2015.

The Top Import Markets for Abrasives Worldwide
Sep 19, 2023
Eye 321

The global abrasives market is growing rapidly, fueled by increasing demand in various industries such as automotive, construction, and metalworking. Discover the top import markets for abrasives based on import value, including the United States, Netherlands, United Kingdom, China, and the United Arab Emirates. Learn how these countries are driving the growth of the abrasive industry and how businesses can leverage these import markets through platforms like IndexBox.

Free Data: Abrasives (Natural) - Bulgaria