Bulgaria - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Glass Fibres and Wool in Bulgaria - 2023
Contents:
- Price for Glass Fibres and Wool in Bulgaria (CIF) - 2022
- Price for Glass Fibres and Wool in Bulgaria (FOB) - 2022
- Imports of Glass Fibres and Wool in Bulgaria
- Exports of Glass Fibres and Wool in Bulgaria
Price for Glass Fibres and Wool in Bulgaria (CIF) - 2022
The average glass fibres and wool import price stood at $6,761 per ton in 2022, dropping by -27.9% against the previous year. Overall, the import price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 63%. As a result, import price attained the peak level of $9,376 per ton, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($9,794 per ton), while the price for Moldova ($1,877 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres and Wool in Bulgaria (FOB) - 2022
In 2022, the average glass fibres and wool export price amounted to $4,086 per ton, reducing by -64% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 an increase of 79%. As a result, the export price reached the peak level of $11,349 per ton, and then declined dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($25,878 per ton), while the average price for exports to North Macedonia ($1,166 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 Romania (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass Fibres and Wool in Bulgaria
In 2022, approx. 1.2K tons of glass fibres and glass wool were imported into Bulgaria; picking up by 86% against the previous year. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibres and wool imports surged to $8.2M in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 53%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Glass Fibres and Wool in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 99.7 | 96.7 | 123 | 1,963 | 170.0% |
| Vietnam | 59.5 | 411 | 707 | 971 | 153.6% |
| Italy | 371 | 392 | 543 | 544 | 13.6% |
| China | 445 | 184 | 364 | 494 | 3.5% |
| Czech Republic | 11.5 | 1.3 | 34.6 | 459 | 241.7% |
| United Kingdom | 14.2 | 8.9 | 51.3 | 436 | 213.1% |
| Poland | 140 | 52.0 | 59.7 | 296 | 28.3% |
| Turkey | 335 | 459 | 327 | 233 | -11.4% |
| Kosovo | N/A | N/A | N/A | 191 | 0% |
| Moldova | N/A | N/A | N/A | 115 | 0% |
| Slovakia | 189 | 174 | 210 | 64.5 | -30.1% |
| Romania | 66.7 | 23.9 | 183 | 29.4 | -23.9% |
| Russia | 90.9 | 292 | 310 | N/A | 84.7% |
| Others | 1,694 | 1,906 | 3,197 | 2,416 | 12.6% |
| Total | 3,518 | 4,003 | 6,109 | 8,210 | 32.6% |
Top Suppliers of Glass Fibres and Wool to Bulgaria in 2022:
- Austria (270.4 tons)
- China (161.8 tons)
- Kosovo (100.3 tons)
- Vietnam (99.1 tons)
- Poland (97.0 tons)
- Czech Republic (74.8 tons)
- Turkey (66.7 tons)
- United Kingdom (64.5 tons)
- Moldova (61.3 tons)
- Italy (48.2 tons)
- Slovakia (24.6 tons)
- Romania (13.3 tons)
Exports of Glass Fibres and Wool in Bulgaria
Glass fibres and wool exports from Bulgaria skyrocketed to 614 tons in 2022, with an increase of 1,711% against the previous year. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fibres and wool exports soared to $2.5M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibres and Wool in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 30.4 | 43.3 | 57.8 | 2,000 | 303.7% |
| North Macedonia | 39.5 | 6.7 | 7.0 | 42.7 | 2.6% |
| Romania | 105 | N/A | 63.2 | 19.7 | -42.8% |
| Others | 113 | 113 | 257 | 447 | 58.2% |
| Total | 288 | 163 | 385 | 2,510 | 105.8% |
Top Export Markets for Glass Fibres and Wool from Bulgaria in 2022:
- Greece (558.8 tons)
- North Macedonia (36.6 tons)
- Romania (0.8 tons)
This report provides an in-depth analysis of the market for glass fibres and wool 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 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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