Bulgaria - Wood In The Rough - Market Analysis, Forecast, Size, Trends and Insights

Bulgaria: Rough Wood Market Overview 2020

Rough Wood Market Size in Bulgaria

The revenue of the rough wood market in Bulgaria amounted to $X in 2018, going up by X% against the previous year. In general, rough wood consumption, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Rough wood consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Rough Wood Production in Bulgaria

In value terms, rough wood production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, rough wood production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when production volume increased by X% y-o-y. Over the period under review, rough wood production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Rough Wood Exports

Exports from Bulgaria

In 2018, the rough wood exports from Bulgaria stood at X cubic meters, picking up by X% against the previous year. In general, rough wood exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, rough wood exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, rough wood exports amounted to $X in 2018. Over the period under review, rough wood exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Greece (X cubic meters) was the main destination for rough wood exports from Bulgaria, accounting for a X% share of total exports. Moreover, rough wood exports to Greece exceeded the volume sent to the second major destination, Italy (X cubic meters), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Greece totaled +X%.

In value terms, Greece ($X) remains the key foreign market for rough wood exports from Bulgaria, comprising X% of total rough wood exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Greece amounted to +X%.

Export Prices by Country

In 2018, the average rough wood export price amounted to $X per cubic meter, increasing by X% against the previous year. In general, the export price indicated a remarkable expansion from 2007 to 2018: its price 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, rough wood export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per cubic meter in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per cubic meter), while the average price for exports to Greece totaled $X per cubic meter.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Italy.

Rough Wood Imports

Imports into Bulgaria

Rough wood imports into Bulgaria amounted to X cubic meters in 2018, surging by X% against the previous year. In general, rough wood imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, rough wood imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, rough wood imports stood at $X in 2018. Over the period under review, rough wood imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. In that year, rough wood imports attained their peak of $X. From 2016 to 2018, the growth of rough wood imports remained at a lower figure.

Imports by Country

In 2018, Greece (X cubic meters) was the main rough wood supplier to Bulgaria, with a X% share of total imports. It was followed by the Netherlands (X cubic meters), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Greece stood at +X%.

In value terms, Greece ($X) constituted the largest supplier of rough wood to Bulgaria, comprising X% of total rough wood imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Greece amounted to +X%.

Import Prices by Country

The average rough wood import price stood at $X per cubic meter in 2018, dropping by -X% against the previous year. Overall, the rough wood import price, however, continues to indicate measured growth. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was Greece ($X per cubic meter), while the price for the Netherlands stood at $X per cubic meter.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands.

Source: IndexBox AI Platform