Bulgaria: Overview of the Market for Plastics Tubes, Pipes And Hoses, And Fitting Therefor 2019

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting Therefor in Bulgaria

The revenue of the plastic pipe and hose market in Bulgaria amounted to $X in 2018, lowering by -X% against the previous year. In general, plastic pipe and hose consumption continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, the plastic pipe and hose market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Production of Plastics Tubes, Pipes And Hoses, And Fitting Therefor in Bulgaria

In value terms, plastic pipe and hose production amounted to $X in 2018 estimated in export prices. In general, plastic pipe and hose production continues to indicate a drastic contraction. The growth pace was the most rapid in 2011 when production volume increased by X% y-o-y. Over the period under review, plastic pipe and hose production reached its maximum level at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting Therefor

Exports from Bulgaria

In 2018, the plastic pipe and hose exports from Bulgaria amounted to X tonnes, rising by X% against the previous year. Overall, plastic pipe and hose exports continue to indicate conspicuous growth. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, plastic pipe and hose exports totaled $X in 2018. In general, plastic pipe and hose exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, plastic pipe and hose exports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

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

From 2007 to 2018, 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: Romania (+X% per year) and Austria (+X% per year).

In value terms, the largest markets for plastic pipe and hose exported from Bulgaria were Greece ($X), Germany ($X) and Romania ($X), together comprising X% of total exports. These countries were followed by Austria, Hungary, Saudi Arabia, Italy, Macedonia, Switzerland, Russia, Serbia and Morocco, which together accounted for a further X recorded the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average plastic pipe and hose export price amounted to $X per tonne, waning by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. In that year, the average export prices for plastics tubes, pipes and hoses, and fitting therefor reached their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting Therefor

Imports into Bulgaria

Plastic pipe and hose imports into Bulgaria totaled X tonnes in 2018, going up by X% against the previous year. In general, plastic pipe and hose imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, plastic pipe and hose imports attained their maximum at X tonnes in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, plastic pipe and hose imports amounted to $X in 2018. Overall, the total imports indicated mild growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plastic pipe and hose imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, plastic pipe and hose imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Macedonia (X tonnes), Turkey (X tonnes) and Romania (X tonnes) were the main suppliers of plastic pipe and hose imports to Bulgaria, together comprising X% of total imports. These countries were followed by Germany, Serbia, Greece, Italy, the Czech Republic, China, Poland and South Korea, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Serbia, while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Macedonia ($X) and Germany ($X) appeared to be the largest plastic pipe and hose suppliers to Bulgaria, together accounting for X% of total imports. These countries were followed by Romania, Italy, Serbia, the Czech Republic, Greece, China, Poland and South Korea, which together accounted for a further X the main suppliers, Serbia recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic pipe and hose import price stood at $X per tonne in 2018, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, the average import prices for plastics tubes, pipes and hoses, and fitting therefor reached their peak figure in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Czech Republic ($X per tonne), while the price for Macedonia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform