Chipped Non-Coniferous Wood Price in Bulgaria - 2023
Contents:
- Chipped Non-Coniferous Wood Price in Bulgaria (FOB) - 2022
- Chipped Non-Coniferous Wood Price in Bulgaria (CIF) - 2022
- Chipped Non-Coniferous Wood Exports in Bulgaria
- Chipped Non-Coniferous Wood Imports in Bulgaria
Chipped Non-Coniferous Wood Price in Bulgaria (FOB) - 2022
The average chipped non-coniferous wood export price stood at $42 per cubic meter in 2022, leveling off at the previous year. Overall, the export price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 66%. As a result, the export price attained the peak level of $69 per cubic meter. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($41 per cubic meter), while the average price for exports to Romania amounted to $37 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.2%), while the prices for the other major destinations experienced a decline.
Chipped Non-Coniferous Wood Price in Bulgaria (CIF) - 2022
The average chipped non-coniferous wood import price stood at $269 per cubic meter in 2022, rising by 18% against the previous year. Overall, the import price saw a buoyant increase. The growth pace was the most rapid in 2015 an increase of 91% against the previous year. Over the period under review, average import prices attained the maximum at $341 per cubic meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($2,759 per cubic meter), while the price for Turkey ($149 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chipped Non-Coniferous Wood Exports in Bulgaria
In 2022, approx. 24K cubic meters of non-coniferous wood in chips or particles were exported from Bulgaria; which is down by -32.4% on 2021. In general, exports continue to indicate a significant decline. The smallest decline of -2.7% was in 2021. The exports peaked at 68K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, chipped non-coniferous wood exports plummeted to $1M in 2022. Overall, exports faced a dramatic decline. The smallest decline of -9.9% was in 2020. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Chipped Non-Coniferous Wood in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,515 | N/A | 1,392 | 960 | -14.1% |
| Romania | N/A | 16.4 | 37.3 | 43.0 | 61.9% |
| Germany | 518 | 954 | N/A | N/A | 84.2% |
| Greece | 737 | 1,518 | 9.0 | N/A | -88.9% |
| Others | 85.1 | 85.0 | 74.2 | 28.3 | -30.7% |
| Total | 2,855 | 2,573 | 1,513 | 1,032 | -28.8% |
Top Export Markets for Chipped Non-Coniferous Wood from Bulgaria in 2022:
- Turkey (23.2K cubic meters)
- Romania (1.2K cubic meters)
Chipped Non-Coniferous Wood Imports in Bulgaria
After three years of growth, overseas purchases of non-coniferous wood in chips or particles decreased by -10.9% to 862 cubic meters in 2022. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 967 cubic meters, and then declined in the following year.
In value terms, chipped non-coniferous wood imports totaled $232K in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Chipped Non-Coniferous Wood in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 121 | 138 | 152 | 148 | 6.9% |
| Turkey | N/A | N/A | N/A | 12.7 | 0% |
| Serbia | N/A | N/A | 2.7 | N/A | 0% |
| Ukraine | N/A | 7.8 | 23.1 | N/A | 196.2% |
| Others | 69.7 | 52.3 | 43.4 | 71.4 | 0.8% |
| Total | 191 | 198 | 221 | 232 | 6.7% |
Top Suppliers of Chipped Non-Coniferous Wood to Bulgaria in 2022:
- Germany (740.0 cubic meters)
- Turkey (85.0 cubic meters)
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