Bulgaria: Other Agglomerates Market 2024

Other Agglomerates Market Size in Bulgaria

The Bulgarian other agglomerates market soared to $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate significant growth. Other agglomerates consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Other Agglomerates Production in Bulgaria

In value terms, other agglomerates production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Other Agglomerates Exports

Exports from Bulgaria

In 2022, overseas shipments of other agglomerates decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, other agglomerates exports skyrocketed to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; afterwards, it flattened through to 2022.

Exports by Country

Greece (X tons) was the main destination for other agglomerates exports from Bulgaria, accounting for a X% share of total exports. Moreover, other agglomerates exports to Greece exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Greece stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Germany (X% per year).

In value terms, Greece ($X) remains the key foreign market for other agglomerates exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Greece amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average other agglomerates export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (X%), while the prices for the other major destinations experienced mixed trend patterns.

Other Agglomerates Imports

Imports into Bulgaria

In 2022, approx. X tons of other agglomerates were imported into Bulgaria; standing approx. at 2021 figures. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, other agglomerates imports reduced rapidly to $X in 2022. Over the period under review, imports showed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Greece (X tons), Ukraine (X tons) and Germany (X tons) were the main suppliers of other agglomerates imports to Bulgaria, together comprising X% of total imports.

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

In value terms, Greece ($X), Romania ($X) and Germany ($X) were the largest other agglomerates suppliers to Bulgaria, with a combined X% share of total imports.

Among the main suppliers, Greece, with a CAGR of X%, 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

The average other agglomerates import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, recorded measured growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Romania ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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