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Bulgaria - Marble And Travertine - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Marble And Travertine Market Overview 2021

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Marble And Travertine Market Size in Bulgaria

In 2020, the Bulgarian marble and travertine market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Marble And Travertine Production in Bulgaria

In value terms, marble and travertine production expanded slightly to $X in 2020 estimated in export prices. Over the period under review, production posted slight growth. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth failed to regain the momentum.

Marble And Travertine Exports

Exports from Bulgaria

In 2020, the amount of marble and travertine exported from Bulgaria reached X tonnes, with an increase of X% compared with 2019 figures. Overall, exports recorded pronounced growth. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, marble and travertine exports amounted to $X in 2020. In general, exports enjoyed slight growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Greece (X tonnes) was the main destination for marble and travertine exports from Bulgaria, accounting for a X% share of total exports. Moreover, marble and travertine exports to Greece exceeded the volume sent to the second major destination, China (X tonnes), sevenfold. The third position in this ranking was occupied by Romania (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Greece amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Romania (+X% per year).

In value terms, Greece ($X) remains the key foreign market for marble and travertine exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Greece was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Romania (+X% per year).

Export Prices by Country

In 2020, the average marble and travertine export price amounted to $X per tonne, approximately equating the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Marble And Travertine Imports

Imports into Bulgaria

In 2020, overseas purchases of marble and travertine increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, marble and travertine imports stood at $X in 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Greece (X tonnes) constituted the largest supplier of marble and travertine to Bulgaria, accounting for a X% share of total imports. Moreover, marble and travertine imports from Greece exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), twofold. The third position in this ranking was occupied by North Macedonia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Greece totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and North Macedonia (-X% per year).

In value terms, Greece ($X), Turkey ($X) and Italy ($X) appeared to be the largest marble and travertine suppliers to Bulgaria, together accounting for X% of total imports.

Italy (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 marble and travertine import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, import price indicated a prominent increase from 2007 to 2020: its price 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, marble and travertine import price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2018; however, from 2019 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 Italy ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine in the world?
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The countries with the highest volumes of marble and travertine consumption in 2020 were China (19M tonnes), Italy (14M tonnes) and the U.S. (7.4M tonnes), with a combined 40% share of global consumption. India, Russia, Pakistan, Indonesia, Spain, Mexico, Romania, Nigeria, Turkey and Iran lagged somewhat behind, together comprising a further 29%.
What are the largest producers of marble and travertine in the world?
+
The countries with the highest volumes of marble and travertine production in 2020 were Italy (16M tonnes), China (9.8M tonnes) and Turkey (8.8M tonnes), with a combined 33% share of global production.
What are the leading suppliers of marble and travertine to Bulgaria?
+
In value terms, the largest marble and travertine suppliers to Bulgaria were Greece ($639K), Turkey ($554K) and Italy ($249K), together accounting for 84% of total imports.
What are the leading importers of marble and travertine from Bulgaria?
+
In value terms, Greece ($2.9M) remains the key foreign market for marble and travertine exports from Bulgaria, comprising 54% of total exports. The second position in the ranking was occupied by China ($1.3M), with a 23% share of total exports. It was followed by Romania, with a 7.6% share.
What is the average export price for marble and travertine in Bulgaria?
+
The average marble and travertine export price stood at $84 per tonne in 2020, approximately equating the previous year.
What is the average import price for marble and travertine in Bulgaria?
+
The average marble and travertine import price stood at $121 per tonne in 2020, almost unchanged from the previous year.

Product coverage:
• Prodcom 08111133 - Marble and travertine, crude or roughly trimmed
• Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
• Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

This report provides an in-depth analysis of the marble and travertine 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 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, 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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