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Bulgaria - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Rolled Bitumen Products Price in Bulgaria - 2023
Contents:
- Non-Rolled Bitumen Products Price in Bulgaria (CIF) - 2023
- Non-Rolled Bitumen Products Price in Bulgaria (FOB) - 2022
- Non-Rolled Bitumen Products Imports in Bulgaria
- Non-Rolled Bitumen Products Exports in Bulgaria
Non-Rolled Bitumen Products Price in Bulgaria (CIF) - 2023
The average non-rolled bitumen products import price stood at $722 per ton in August 2023, remaining constant against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 14% month-to-month. Over the period under review, average import prices hit record highs at $735 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Poland ($884 per ton) and Slovakia ($872 per ton), while the price for Turkey ($603 per ton) and Italy ($854 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Russia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Rolled Bitumen Products Price in Bulgaria (FOB) - 2022
The average non-rolled bitumen products export price stood at $413 per ton in 2022, surging by 73% against the previous year. Over the period under review, the export price, however, saw a deep slump. Over the period under review, the average export prices hit record highs at $808 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Greece ($536 per ton), while the average price for exports to Serbia ($316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Rolled Bitumen Products Imports in Bulgaria
In 2022, overseas purchases of non-rolled bitumen products decreased by -34.3% to 8.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of 13K tons, and then reduced sharply in the following year.
In value terms, non-rolled bitumen products imports contracted to $5M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $5.3M, and then contracted in the following year.
Import of Non-Rolled Bitumen Products in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 154 | 287 | 676 | 1,914 | 131.6% |
Russia | 2,520 | 2,919 | 3,621 | 965 | -27.4% |
Poland | 274 | 372 | 342 | 701 | 36.8% |
Lithuania | N/A | N/A | N/A | 560 | 0% |
Italy | 311 | 256 | 336 | 410 | 9.6% |
Slovakia | 193 | 207 | 252 | 334 | 20.1% |
Others | 114 | 45.9 | 99.4 | 133 | 5.3% |
Total | 3,566 | 4,086 | 5,327 | 5,016 | 12.0% |
Top Suppliers of Non-Rolled Bitumen Products to Bulgaria in 2022:
- Turkey (3.3K tons)
- Russia (1.8K tons)
- Lithuania (1.1K tons)
- Poland (0.9K tons)
- Italy (0.6K tons)
- Slovakia (0.4K tons)
Non-Rolled Bitumen Products Exports in Bulgaria
For the third year in a row, Bulgaria recorded decline in overseas shipments of non-rolled bitumen products, which decreased by -89.5% to 37 tons in 2022. In general, exports showed a significant curtailment. The smallest decline of -6.2% was in 2020.
In value terms, non-rolled bitumen products exports fell sharply to $15K in 2022. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of -23.7% was in 2021.
Export of Non-Rolled Bitumen Products in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 64.2 | 49.2 | 30.9 | 7.5 | -51.1% |
Turkey | N/A | 6.0 | N/A | 3.8 | -20.4% |
Greece | 1.0 | 6.3 | 0.6 | 2.2 | 30.1% |
Cyprus | 101 | N/A | N/A | N/A | 0% |
Bosnia and Herzegovina | 5.4 | N/A | N/A | N/A | 0% |
North Macedonia | 27.8 | 47.5 | 47.7 | N/A | 31.0% |
Romania | 26.3 | N/A | N/A | N/A | 0% |
Others | 9.3 | 0.3 | 4.3 | 1.6 | -44.4% |
Total | 235 | 109 | 83.5 | 15.1 | -59.9% |
Top Export Markets for Non-Rolled Bitumen Products from Bulgaria in 2022:
- Serbia (23.8 tons)
- Turkey (8.3 tons)
- Greece (4.1 tons)
This report provides an in-depth analysis of the non-rolled bitumen products market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991290 - Products based on bitumen (excluding in rolls)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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