Bulgaria: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Bulgaria

In 2020, the Bulgarian market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, continues to indicate a pronounced decrease. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Bulgaria

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Bulgaria

In 2020, approx. X square meters of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were exported from Bulgaria; picking up by X% against 2019 figures. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses skyrocketed to $X in 2020. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in the near future.

Exports by Country

Turkey (X square meters), Germany (X square meters) and Romania (X square meters) were the main destinations of exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Bulgaria, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exported from Bulgaria were Turkey ($X), Germany ($X) and Romania ($X), together accounting for X% of total exports.

Among the main countries of destination, Turkey (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, surging by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per square meter in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Romania ($X per square meter), while the average price for exports to Germany ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Bulgaria

In 2020, purchases abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked at X square meters in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped to $X in 2020. In general, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X square meters) constituted the largest supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Bulgaria, with a X% share of total imports. Moreover, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), twofold. Germany (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Germany (+X% per year).

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Bulgaria were Turkey ($X), China ($X) and Germany ($X), together comprising X% of total imports. Hungary, the Czech Republic, Romania and Italy lagged somewhat behind, together comprising a further X terms of the main suppliers, Romania (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, with an increase of X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Hungary ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :