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Bulgaria - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Industrial Diamond Market Overview 2021

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Industrial Diamond Market Size in Bulgaria

In 2020, the Bulgarian industrial diamond market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, showed a pronounced setback. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Industrial Diamond Production in Bulgaria

In value terms, industrial diamond production amounted to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a perceptible setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Industrial diamond production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Industrial Diamond Exports

Exports from Bulgaria

In 2020, shipments abroad of diamonds (industrial) increased by X% to X tonnes, rising for the second year in a row after eight years of decline. Over the period under review, exports posted strong growth. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, industrial diamond exports expanded remarkably to $X in 2020. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to see steady growth in years to come.

Exports by Country

The Netherlands (X tonnes) was the main destination for industrial diamond exports from Bulgaria, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands totaled +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for industrial diamond exports from Bulgaria.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands stood at +X%.

Export Prices by Country

The average industrial diamond export price stood at $X per kg in 2020, reducing by -X% against the previous year. Over the period under review, the export price, however, continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per kg in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.

Industrial Diamond Imports

Imports into Bulgaria

In 2020, overseas purchases of diamonds (industrial) decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. In general, imports, however, showed pronounced growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2019, and then declined in the following year.

In value terms, industrial diamond imports reduced dramatically to $X in 2020. Overall, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the UK (X tonnes) was the main industrial diamond supplier to Bulgaria, with a X% share of total imports. It was followed by Belgium (X kg), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK totaled +X%.

In value terms, the largest industrial diamond suppliers to Bulgaria were the UK ($X) and Belgium ($X), with a combined X% share of total imports.

The UK recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average industrial diamond import price stood at $X per kg in 2020, waning by -X% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per kg in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per kg), while the price for the UK totaled $X per kg.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diamonds (industrial) in the world?
+
The country with the largest volume of industrial diamond consumption was Canada (90K tonnes), comprising approx. 46% of total volume. Moreover, industrial diamond consumption in Canada exceeded the figures recorded by the second-largest consumer, China (29K tonnes), threefold. The third position in this ranking was occupied by the United Arab Emirates (25K tonnes), with a 13% share.
What are the largest producers of diamonds (industrial) in the world?
+
Canada (90K tonnes) remains the largest industrial diamond producing country worldwide, comprising approx. 69% of total volume. Moreover, industrial diamond production in Canada exceeded the figures recorded by the second-largest producer, Angola (5.6K tonnes), more than tenfold. China (5K tonnes) ranked third in terms of total production with a 3.8% share.
What are the leading suppliers of diamonds (industrial) to Bulgaria?
+
In value terms, the largest industrial diamond suppliers to Bulgaria were the UK ($18K) and Belgium ($18K), together accounting for 99% of total imports.
What are the leading importers of diamonds (industrial) from Bulgaria?
+
In value terms, the Netherlands ($113K) remains the key foreign market for industrial diamond exports from Bulgaria.
What is the average export price for diamonds (industrial) in Bulgaria?
+
The average industrial diamond export price stood at $27 per kg in 2020, with a decrease of -11.6% against the previous year.
What is the average import price for diamonds (industrial) in Bulgaria?
+
The average industrial diamond import price stood at $17 per kg in 2020, shrinking by -17.7% against the previous year.

Product coverage:
• Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives

This report provides an in-depth analysis of the industrial diamond 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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