Report Update Apr 1, 2024

Bulgaria - Natural Cork Debacked or Roughly Squared - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Natural Cork Market 2024

Natural Cork Market Size in Bulgaria

The Bulgarian natural cork market contracted modestly to $X in 2022, dropping by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Natural cork consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Natural Cork Production in Bulgaria

In value terms, natural cork production reduced modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Natural cork production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Natural Cork Exports

Exports from Bulgaria

After three years of decline, overseas shipments of natural cork debacked or roughly squared decreased by X% to X tons in 2022. Over the period under review, exports, however, recorded a significant increase. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, natural cork exports shrank significantly to $X in 2022. Overall, exports, however, saw a significant expansion. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Greece (X tons) was the main destination for natural cork exports from Bulgaria, with a X% share of total exports. Moreover, natural cork exports to Greece exceeded the volume sent to the second major destination, Romania (X kg), more than tenfold.

From 2016 to 2022, the average annual growth rate of volume to Greece totaled X%.

In value terms, Greece ($X) remains the key foreign market for natural cork debacked or roughly squared exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of value to Greece totaled X%.

Export Prices by Country

In 2022, the average natural cork export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price saw a sharp shrinkage. The most prominent rate of growth was recorded in 2019 a decrease of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Greece stood at $X per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%).

Natural Cork Imports

Imports into Bulgaria

Natural cork imports into Bulgaria soared to X kg in 2022, with an increase of X% compared with 2021. Overall, imports, however, showed a significant curtailment. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, natural cork imports skyrocketed to $X in 2022. In general, imports, however, recorded a abrupt contraction. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X kg), Belgium (X kg) and Germany (X kg) were the main suppliers of natural cork imports to Bulgaria, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest natural cork suppliers to Bulgaria were Germany ($X), Taiwan (Chinese) ($X) and Belgium ($X), together accounting for X% of total imports.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average natural cork import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price showed significant growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural cork debacked or roughly squared in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 43% of global consumption. Japan, Pakistan, Germany, Russia, the UK, France, Turkey, South Korea, Canada and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of natural cork debacked or roughly squared in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, together accounting for 43% of global production. Japan, Germany, Pakistan, Russia, the UK, France, Turkey, South Korea, Canada and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of natural cork debacked or roughly squared to Bulgaria?

In value terms, Germany, Taiwan Chinese) and Belgium constituted the largest natural cork suppliers to Bulgaria, together comprising 96% of total imports.

What are the leading importers of natural cork debacked or roughly squared from Bulgaria?

In value terms, Greece remains the key foreign market for natural cork debacked or roughly squared exports from Bulgaria, comprising 67% of total exports. The second position in the ranking was held by Romania, with a 32% share of total exports.

What is the average export price for natural cork debacked or roughly squared in Bulgaria?

In 2022, the average natural cork export price amounted to $5,867 per ton, declining by -21.4% against the previous year.

What is the average import price for natural cork debacked or roughly squared in Bulgaria?

The average natural cork import price stood at $39,301 per ton in 2022, rising by 126% against the previous year.

This report provides an in-depth analysis of the natural cork 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:

Prodcom 16292150 - Natural cork, debacked or roughly squared, in rectangular or square blocks, plates, sheets or strips

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023