Bulgaria: Paper Hand Towels Market 2024

Paper Hand Towels Market Size in Bulgaria

The Bulgarian paper hand towels market soared to $X in 2022, surging by X% against the previous year. Overall, consumption recorded strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Paper Hand Towels Production in Bulgaria

In value terms, paper hand towels production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Paper Hand Towels Exports

Exports from Bulgaria

In 2022, the amount of paper hand towels exported from Bulgaria fell dramatically to X tons, reducing by X% against the previous year. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, paper hand towels exports rose sharply to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons), Greece (X tons) and the Netherlands (X tons) were the main destinations of paper hand towels exports from Bulgaria, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper hand towels exported from Bulgaria were Romania ($X), Greece ($X) and the Netherlands ($X), with a combined X% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 paper hand towels export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 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 the Netherlands ($X per ton), while the average price for exports to Greece ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Hand Towels Imports

Imports into Bulgaria

For the fifth consecutive year, Bulgaria recorded growth in supplies from abroad of paper hand towels, which increased by X% to X tons in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, paper hand towels imports skyrocketed to $X in 2022. Overall, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Romania (X tons) and Greece (X tons) were the main suppliers of paper hand towels imports to Bulgaria, with a combined X% share of total imports. Germany, Serbia, Italy, North Macedonia, Poland and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Romania ($X) and Greece ($X) constituted the largest paper hand towels suppliers to Bulgaria, together accounting for X% of total imports. Germany, Serbia, Italy, North Macedonia, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

North Macedonia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the average paper hand towels import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :