Bulgaria: China Statuette Market 2022

China Statuette Market Size in Bulgaria

The Bulgarian china statuette market declined to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption recorded a abrupt decline. China statuette consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

China Statuette Production in Bulgaria

In value terms, china statuette production shrank to $X in 2021 estimated in export price. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. China statuette production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

China Statuette Exports

Exports from Bulgaria

In 2021, shipments abroad of statuettes of porcelain or china increased by X% to X tons, rising for the fifth year in a row after two years of decline. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, china statuette exports soared to $X in 2021. Over the period under review, exports enjoyed resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Greece (X tons), Georgia (X tons) and Romania (X tons) were the main destinations of china statuette exports from Bulgaria, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +X%), while the other leaders experienced mixed trend patterns.

In value terms, Greece ($X), Georgia ($X) and Romania ($X) appeared to be the largest markets for china statuette exported from Bulgaria worldwide, together comprising X% of total exports.

Georgia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average china statuette export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. 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 attained the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Georgia ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+X%), while the prices for the other major destinations experienced a decline.

China Statuette Imports

Imports into Bulgaria

In 2021, overseas purchases of statuettes of porcelain or china decreased by -X% to X tons, falling for the second consecutive year after eight years of growth. Over the period under review, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, china statuette imports rose modestly to $X in 2021. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest china statuette supplier to Bulgaria, with a X% share of total imports. Moreover, china statuette imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Greece (+X% per year).

In value terms, the largest china statuette suppliers to Bulgaria were Germany ($X), China ($X) and Greece ($X), together comprising X% of total imports. These countries were followed by France, Slovakia, Poland and Turkey, which together accounted for a further X terms of the main suppliers, Slovakia, 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

In 2021, the average china statuette import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, china statuette import price increased by +X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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