Bulgaria: Sulphite Wood Pulp Market Overview 2020

Sulphite Wood Pulp Market Size in Bulgaria

The revenue of the sulphite wood pulp market in Bulgaria amounted to $X in 2018, jumping by X% against the previous year. Overall, sulphite wood pulp consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the sulphite wood pulp market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Sulphite Wood Pulp Production in Bulgaria

In value terms, sulphite wood pulp production totaled $X in 2018 estimated in export prices. Overall, sulphite wood pulp production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Sulphite wood pulp production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Sulphite Wood Pulp Exports

Exports from Bulgaria

In 2018, approx. X tonnes of chemical wood pulp (sulphite, other than dissolving grades) were exported from Bulgaria; coming down by -X% against the previous year. In general, sulphite wood pulp exports continue to indicate a moderate descent. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, sulphite wood pulp exports reached their peak figure at X tonnes in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, sulphite wood pulp exports totaled $X in 2018. Overall, sulphite wood pulp exports continue to indicate a temperate descent. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, sulphite wood pulp exports attained their peak of $X. From 2012 to 2018, the growth of sulphite wood pulp exports failed to regain its momentum.

Exports by Country

Italy (X tonnes) was the main destination for sulphite wood pulp exports from Bulgaria, accounting for a X% share of total exports. Moreover, sulphite wood pulp exports to Italy exceeded the volume sent to the second major destination, Austria (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Italy amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and Greece (+X% per year).

In value terms, Italy ($X) remains the key foreign market for sulphite wood pulp exports from Bulgaria, comprising X% of total sulphite wood pulp exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Italy totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and Greece (-X% per year).

Export Prices by Country

The average sulphite wood pulp export price stood at $X per tonne in 2018, stabilizing at the previous year. Over the period under review, the sulphite wood pulp export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for chemical wood pulp (sulphite, other than dissolving grades) reached their peak figure at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the country with the highest price was Austria ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced a decline.

Sulphite Wood Pulp Imports

Imports into Bulgaria

In 2018, the imports of chemical wood pulp (sulphite, other than dissolving grades) into Bulgaria totaled X tonnes, lowering by -X% against the previous year. Overall, sulphite wood pulp imports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, sulphite wood pulp imports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, sulphite wood pulp imports totaled $X in 2018. In general, sulphite wood pulp imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tonnes), Canada (X tonnes) and Germany (X tonnes) were the main suppliers of sulphite wood pulp imports to Bulgaria, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Sweden, while the other leaders experienced a decline.

In value terms, the largest sulphite wood pulp suppliers to Bulgaria were Canada ($X), Sweden ($X) and Germany ($X), with a combined X% share of total imports.

Sweden recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced a decline.

Import Prices by Country

In 2018, the average sulphite wood pulp import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price indicated a strong expansion from 2007 to 2018: its price 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 2018 figures, sulphite wood pulp import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for chemical wood pulp (sulphite, other than dissolving grades) attained their peak figure in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform