Bulgaria: Overview of the Market for Plastics Tubes, Pipes And Hoses, And Fitting 2021

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

In 2020, the Bulgarian plastic pipe and hose market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a slight descent. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

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

In value terms, plastic pipe and hose production surged to $X in 2020 estimated in export prices. In general, production posted tangible growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Bulgaria

For the third year in a row, Bulgaria recorded growth in overseas shipments of plastics tubes, pipes and hoses, and fitting, which increased by X% to X tonnes in 2020. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, plastic pipe and hose exports skyrocketed to $X in 2020. Over the period under review, exports saw buoyant growth. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

Exports by Country

Greece (X tonnes), Romania (X tonnes) and Germany (X tonnes) were the main destinations of plastic pipe and hose exports from Bulgaria, with a combined X% share of total exports. These countries were followed by Serbia, Italy, Hungary, the Netherlands, Austria, Portugal, North Macedonia, Russia and Turkey, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal, while exports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Romania ($X) and Germany ($X) appeared to be the largest markets for plastic pipe and hose exported from Bulgaria worldwide, with a combined X% share of total exports. Turkey, Serbia, Italy, North Macedonia, Hungary, Portugal, the Netherlands, Austria and Russia lagged somewhat behind, together comprising a further X terms of the main countries of destination, Portugal saw 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

In 2020, the average plastic pipe and hose export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2019, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per tonne), while the average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Bulgaria

In 2020, supplies from abroad of plastics tubes, pipes and hoses, and fitting increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. In general, imports continue to indicate a mild increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, plastic pipe and hose imports declined to $X in 2020. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

North Macedonia (X tonnes), Turkey (X tonnes) and Serbia (X tonnes) were the main suppliers of plastic pipe and hose imports to Bulgaria, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Serbia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic pipe and hose suppliers to Bulgaria were Turkey ($X), Germany ($X) and North Macedonia ($X), together comprising X% of total imports. Italy, Serbia, the Czech Republic, Poland, Romania, Greece, China and France lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of 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 plastic pipe and hose import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for North Macedonia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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 plastics tubes, pipes and hoses, and fitting in the world?

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The country with the largest volume of plastic pipe and hose consumption was China (9.4M tonnes), accounting for 25% of total volume. Moreover, plastic pipe and hose consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.8M tonnes), twofold. The third position in this ranking was occupied by India (3.4M tonnes), with a 9.2% share.

What are the largest producers of plastics tubes, pipes and hoses, and fitting in the world?

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China (10M tonnes) remains the largest plastic pipe and hose producing country worldwide, accounting for 27% of total volume. Moreover, plastic pipe and hose production in China exceeded the figures recorded by the second-largest producer, the U.S. (3.6M tonnes), threefold. The third position in this ranking was occupied by India (3.5M tonnes), with a 9.3% share.

What are the leading suppliers of plastics tubes, pipes and hoses, and fitting to Bulgaria?

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In value terms, Turkey ($15M), Germany ($13M) and North Macedonia ($13M) were the largest plastic pipe and hose suppliers to Bulgaria, with a combined 46% share of total imports. Italy, Serbia, the Czech Republic, Poland, Romania, Greece, China and France lagged somewhat behind, together accounting for a further 41%.

What are the leading importers of plastics tubes, pipes and hoses, and fitting from Bulgaria?

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In value terms, the largest markets for plastic pipe and hose exported from Bulgaria were Greece ($15M), Romania ($12M) and Germany ($4.3M), with a combined 40% share of total exports. Turkey, Serbia, Italy, North Macedonia, Hungary, Portugal, the Netherlands, Austria and Russia lagged somewhat behind, together comprising a further 25%.

What is the average export price for plastics tubes, pipes and hoses, and fitting in Bulgaria?

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In 2020, the average plastic pipe and hose export price amounted to $3,521 per tonne, shrinking by -13.7% against the previous year.

What is the average import price for plastics tubes, pipes and hoses, and fitting in Bulgaria?

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The average plastic pipe and hose import price stood at $3,294 per tonne in 2020, declining by -3.5% against the previous year.