Report Bulgaria - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 15, 2023

Bulgaria - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Insulating Board Market 2023

Insulating Board Market Size in Bulgaria

The Bulgarian insulating board market declined rapidly to $X in 2021, reducing by -31.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a tangible increase. Insulating board consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Insulating Board Exports

Exports from Bulgaria

In 2021, exports of insulating board from Bulgaria surged to X cubic meters, jumping by 73% compared with the year before. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 229% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, insulating board exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 177%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Greece (X cubic meters), Kenya (X cubic meters) and Turkey (X cubic meters) were the main destinations of insulating board exports from Bulgaria, together comprising 98% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +14.6%), while the other leaders experienced mixed trend patterns.

In value terms, Greece ($X), Kenya ($X) and Turkey ($X) appeared to be the largest markets for insulating board exported from Bulgaria worldwide, together accounting for 93% of total exports.

Kenya, with a CAGR of +4.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average insulating board export price amounted to $X per cubic meter, falling by -1.6% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 101%. As a result, the export price reached the peak level of $X per cubic meter, and then fell slightly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per cubic meter), while the average price for exports to Kenya ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Board Imports

Imports into Bulgaria

In 2021, overseas purchases of insulating board decreased by -28.6% to X cubic meters, falling for the third consecutive year after three years of growth. In general, imports, however, continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2017 when imports increased by 96%. Imports peaked at X cubic meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, insulating board imports fell rapidly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 56%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X cubic meters) constituted the largest supplier of insulating board to Bulgaria, with a 73% share of total imports. Moreover, insulating board imports from Turkey exceeded the figures recorded by the second-largest supplier, Poland (X cubic meters), threefold. The third position in this ranking was held by the Czech Republic (X cubic meters), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +76.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-2.2% per year) and the Czech Republic (-24.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of insulating board to Bulgaria, comprising 70% of total imports. The second position in the ranking was taken by Poland ($X), with a 21% share of total imports. It was followed by the Czech Republic, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +66.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-5.6% per year) and the Czech Republic (-24.8% per year).

Import Prices by Country

The average insulating board import price stood at $X per cubic meter in 2021, falling by -3.1% against the previous year. Over the period under review, the import price showed a noticeable setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 11%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per cubic meter), while the price for Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for insulating board in the world?
+
The countries with the highest volumes of consumption in 2021 were India, the United States and Pakistan, with a combined 34% share of global consumption. These countries were followed by Brazil, Germany, Mexico, Turkey, the UK, Italy, Egypt, Thailand, Malaysia and Argentina, which together accounted for a further 31%.
What are the largest producers of insulating board in the world?
+
The countries with the highest volumes of production in 2021 were India, the United States and Pakistan, with a combined 34% share of global production. Brazil, Turkey, Germany, Poland, Mexico, Thailand, the UK, Malaysia, Egypt and Italy lagged somewhat behind, together comprising a further 36%.
What are the leading suppliers of insulating board to Bulgaria?
+
In value terms, Turkey constituted the largest supplier of insulating board to Bulgaria, comprising 70% of total imports. The second position in the ranking was taken by Poland, with a 21% share of total imports. It was followed by the Czech Republic, with a 2.8% share.
What are the leading importers of insulating board from Bulgaria?
+
In value terms, Greece, Kenya and Turkey constituted the largest markets for insulating board exported from Bulgaria worldwide, with a combined 93% share of total exports.
What is the average export price for insulating board in Bulgaria?
+
In 2021, the average insulating board export price amounted to $704 per cubic meter, declining by -1.6% against the previous year.
What is the average import price for insulating board in Bulgaria?
+
The average insulating board import price stood at $307 per cubic meter in 2021, reducing by -3.1% against the previous year.

This report provides an in-depth analysis of the insulating board 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 1650 - Other fibreboard
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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