Bulgaria: Cigarettes Containing Tobacco Market Overview 2020

Cigarettes Containing Tobacco Market Size in Bulgaria

The revenue of the cigarettes containing tobacco market in Bulgaria amounted to $X in 2018, waning by -X% against the previous year. Overall, cigarettes containing tobacco consumption continues to indicate a drastic slump. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. Cigarettes containing tobacco consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Cigarettes Containing Tobacco Production in Bulgaria

In value terms, cigarettes containing tobacco production totaled $X in 2018 estimated in export prices. In general, cigarettes containing tobacco production, however, continues to indicate a mild decline. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Cigarettes containing tobacco production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Cigarettes Containing Tobacco Exports

Exports from Bulgaria

In 2018, approx. X units of cigarettes containing tobacco were exported from Bulgaria; coming down by -X% against the previous year. In general, cigarettes containing tobacco exports, however, continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at X units in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports totaled $X in 2018. Over the period under review, cigarettes containing tobacco exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Turkey (X units) was the main destination for cigarettes containing tobacco exports from Bulgaria, accounting for a X% share of total exports. Moreover, cigarettes containing tobacco exports to Turkey exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold.

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

In value terms, Turkey ($X) remains the key foreign market for cigarettes containing tobacco exports from Bulgaria, comprising X% of total cigarettes containing tobacco exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Turkey totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Lebanon (+X% per year).

Export Prices by Country

In 2018, the average cigarettes containing tobacco export price amounted to $X per unit, reducing by -X% against the previous year. Overall, the cigarettes containing tobacco export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for cigarettes containing tobacco attained their maximum at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was Turkey ($X per unit), while the average price for exports to Lebanon ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports into Bulgaria

Cigarettes containing tobacco imports into Bulgaria stood at X units in 2018, declining by -X% against the previous year. Over the period under review, cigarettes containing tobacco imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked at X units in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, cigarettes containing tobacco imports amounted to $X in 2018. Overall, cigarettes containing tobacco imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

Greece (X units), Romania (X units) and Poland (X units) were the main suppliers of cigarettes containing tobacco imports to Bulgaria, with a combined X% share of total imports. These countries were followed by Germany, Serbia, Croatia, the Czech Republic and Lithuania, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Serbia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest cigarettes containing tobacco suppliers to Bulgaria were Greece ($X), Romania ($X) and Poland ($X), with a combined X% share of total imports. The Czech Republic, Germany, Lithuania, Serbia and Croatia lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cigarettes containing tobacco import price stood at $X per unit in 2018, picking up by X% against the previous year. Over the period under review, the cigarettes containing tobacco import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for cigarettes containing tobacco reached their maximum at $X per unit in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox AI Platform