Bulgaria - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWrapping Papers Price in Bulgaria - 2023
Contents:
- Wrapping Papers Price in Bulgaria (FOB) - 2023
- Wrapping Papers Price in Bulgaria (CIF) - 2023
- Wrapping Papers Exports in Bulgaria
- Wrapping Papers Imports in Bulgaria
Wrapping Papers Price in Bulgaria (FOB) - 2023
In June 2023, the average wrapping papers export price amounted to $1,224 per ton, stabilizing at the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 8.7% m-o-m. The export price peaked at $1,402 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the highest price was recorded for prices to Algeria ($1,373 per ton) and Greece ($1,303 per ton), while the average price for exports to Poland ($1,153 per ton) and Italy ($1,165 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Wrapping Papers Price in Bulgaria (CIF) - 2023
The average wrapping papers import price stood at $1,551 per ton in June 2023, falling by -2.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 11% against the previous month. As a result, import price reached the peak level of $1,785 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($2,748 per ton), while the price for Serbia ($740 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wrapping Papers Exports in Bulgaria
In 2022, exports of wrapping paper, packaging paper and paperboard from Bulgaria expanded significantly to 108K tons, surging by 7.9% compared with the year before. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, wrapping papers exports skyrocketed to $131M in 2022. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Wrapping Papers in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 14.5 | 15.0 | 18.4 | 18.7 | 8.8% |
| Serbia | 11.7 | 6.6 | 10.5 | 17.0 | 13.3% |
| South Africa | 8.2 | 2.2 | 9.4 | 16.6 | 26.5% |
| Italy | 5.3 | 1.4 | 5.4 | 14.7 | 40.5% |
| Hungary | 1.6 | 1.0 | 4.0 | 7.7 | 68.8% |
| Poland | N/A | 0.1 | N/A | 7.2 | 748.5% |
| Greece | 3.3 | 3.3 | 3.3 | 5.1 | 15.6% |
| Oman | 3.3 | 0.1 | N/A | 4.5 | 10.9% |
| South Korea | 2.7 | 1.9 | 1.5 | 4.5 | 18.6% |
| Cote d'Ivoire | N/A | N/A | 2.9 | 4.5 | 55.2% |
| Thailand | 1.2 | 2.7 | 4.0 | 4.3 | 53.0% |
| Jordan | 0.9 | N/A | 2.0 | 3.8 | 61.6% |
| Egypt | 1.4 | N/A | 1.5 | 3.6 | 37.0% |
| Others | 23.5 | 19.4 | 27.0 | 18.7 | -7.3% |
| Total | 77.7 | 53.6 | 90.1 | 131 | 19.0% |
Top Export Markets for Wrapping Papers from Bulgaria in 2022:
- Turkey (15.7K tons)
- Serbia (14.4K tons)
- Italy (12.7K tons)
- South Africa (12.0K tons)
- Hungary (6.9K tons)
- Poland (6.2K tons)
- Greece (4.1K tons)
- Oman (3.8K tons)
- Cote d'Ivoire (3.8K tons)
- South Korea (3.5K tons)
- Jordan (3.3K tons)
- Thailand (3.3K tons)
- Egypt (3.1K tons)
Wrapping Papers Imports in Bulgaria
In 2022, the amount of wrapping paper, packaging paper and paperboard imported into Bulgaria reduced slightly to 18K tons, waning by -2.3% on the year before. In general, imports showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.
In value terms, wrapping papers imports rose sharply to $25M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Wrapping Papers in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 3.9 | 4.3 | 5.8 | 1.8% |
| Romania | 2.8 | 2.5 | 3.5 | 3.4 | 6.7% |
| Sweden | 0.7 | 0.5 | 1.7 | 2.7 | 56.8% |
| Austria | 1.2 | 1.7 | 2.0 | 2.3 | 24.2% |
| Italy | 1.5 | 1.5 | 2.4 | 1.9 | 8.2% |
| Poland | 0.4 | 0.8 | 1.0 | 1.7 | 62.0% |
| Turkey | 1.0 | 1.1 | 1.1 | 1.3 | 9.1% |
| Greece | 3.5 | 1.8 | 1.9 | 1.1 | -32.0% |
| Russia | 1.6 | 1.0 | 1.6 | 1.0 | -14.5% |
| Finland | 0.5 | 0.8 | 0.9 | 0.6 | 6.3% |
| Czech Republic | 0.6 | 0.8 | 0.5 | 0.5 | -5.9% |
| Serbia | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
| Others | 1.4 | 1.8 | 2.1 | 2.0 | 12.6% |
| Total | 21.1 | 18.5 | 23.3 | 24.6 | 5.2% |
Top Suppliers of Wrapping Papers to Bulgaria in 2022:
- Romania (3.9K tons)
- Germany (3.9K tons)
- Sweden (1.8K tons)
- Austria (1.7K tons)
- Russia (1.2K tons)
- Poland (1.1K tons)
- Italy (1.0K tons)
- Turkey (0.9K tons)
- Greece (0.8K tons)
- Czech Republic (0.3K tons)
- Finland (0.3K tons)
- Serbia (0.2K tons)
This report provides an in-depth analysis of the wrapping papers 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:
- FCL 1621 - Wrapping papers
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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