Bulgaria: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Bulgaria

In 2022, the Bulgarian assembled parquet panels market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption showed prominent growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Assembled Parquet Panels Production in Bulgaria

In value terms, assembled parquet panels production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Assembled Parquet Panels Exports

Exports from Bulgaria

In 2022, overseas shipments of assembled parquet panels increased by X% to X square meters, rising for the eighth year in a row after two years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, assembled parquet panels exports rose to $X in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X square meters) was the main destination for assembled parquet panels exports from Bulgaria, with a X% share of total exports. Moreover, assembled parquet panels exports to Germany exceeded the volume sent to the second major destination, Greece (X square meters), more than tenfold. Italy (X square meters) ranked third in terms of total exports with a X% share.

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

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

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

Export Prices by Country

In 2022, the average assembled parquet panels export price amounted to $X per square meter, which is down by X% against the previous year. In general, the export price, however, showed a noticeable expansion. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per square meter in 2021, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Turkey ($X per square meter) 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 a decline.

Assembled Parquet Panels Imports

Imports into Bulgaria

In 2022, approx. X square meters of assembled parquet panels were imported into Bulgaria; with an increase of X% against the previous year. Overall, imports saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, assembled parquet panels imports skyrocketed to $X in 2022. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Poland (X square meters), Germany (X square meters) and Serbia (X square meters) were the main suppliers of assembled parquet panels imports to Bulgaria, with a combined X% share of total imports. Turkey, France, Romania, Lithuania, Italy and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest assembled parquet panels suppliers to Bulgaria were Poland ($X), Germany ($X) and Serbia ($X), with a combined X% share of total imports. Turkey, Romania, Lithuania, Italy, France and China lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded 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

The average assembled parquet panels import price stood at $X per square meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain 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 Lithuania ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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