Price for Artwork; Collages and Similar Decorative Plaques in Bulgaria - 2022

Contents:

  1. Price for Artwork; Collages and Similar Decorative Plaques in Bulgaria (CIF) - 2022
  2. Price for Artwork; Collages and Similar Decorative Plaques in Bulgaria (FOB) - 2022
  3. Imports of Artwork; Collages and Similar Decorative Plaques in Bulgaria
  4. Exports of Artwork; Collages and Similar Decorative Plaques in Bulgaria

Price for Artwork; Collages and Similar Decorative Plaques in Bulgaria (CIF) - 2022

The average import price for artwork; collages and similar decorative plaqueses stood at $114,863 per ton in 2022, jumping by 918% against the previous year. In general, the import price saw a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 2,247% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +10.6% per year.

Price for Artwork; Collages and Similar Decorative Plaques in Bulgaria (FOB) - 2022

In 2021, the average export price for artwork; collages and similar decorative plaqueses amounted to $10,653 per ton, waning by -89.6% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 361%. The export price peaked at $105,848 per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($85,743 per ton), while the average price for exports to Germany ($2,353 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 the United States (+11.1%), while the prices for the other major destinations experienced a decline.

Imports of Artwork; Collages and Similar Decorative Plaques in Bulgaria

After three years of growth, purchases abroad of artwork; collages and similar decorative plaqueses decreased by -93.7% to 233 kg in 2022. Over the period under review, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 167% against the previous year. As a result, imports attained the peak of 3.7 tons, and then shrank dramatically in the following year.

In value terms, imports of artwork; collages and similar decorative plaqueses reduced dramatically to $27K in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 266% against the previous year. As a result, imports attained the peak of $42K, and then fell sharply in the following year.

Import of Artwork; Collages and Similar Decorative Plaques in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.83.90.726.8222.4%
Thailand1.5N/AN/AN/A0%
ChinaN/A5.916.9N/A186.4%
Lebanon0.30.3N/AN/A0.0%
Indonesia2.9N/AN/AN/A0%
PolandN/A0.90.6N/A-33.3%
TurkeyN/A0.50.7N/A40.0%
UkraineN/AN/A1.0N/A0%
Others7.6N/A22.1N/A70.5%
Total13.011.542.026.827.3%

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Bulgaria in 2022:

  1. United States (233.0 kg)

Exports of Artwork; Collages and Similar Decorative Plaques in Bulgaria

For the third consecutive year, Bulgaria recorded growth in shipments abroad of artwork; collages and similar decorative plaqueses, which increased by 9,527% to 3.6 tons in 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of artwork; collages and similar decorative plaqueses skyrocketed to $38K in 2021. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,211%. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in years to come.

Export of Artwork; Collages and Similar Decorative Plaques in Bulgaria (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
NetherlandsN/AN/A19.20%
United StatesN/A2.614.7465.4%
BelgiumN/AN/A2.60%
GermanyN/AN/A1.10%
Others0.31.20.415.5%
Total0.33.837.91024.0%

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Bulgaria in 2022:

  1. Netherlands (1933.0 kg)
  2. Belgium (966.0 kg)
  3. Germany (473.0 kg)
  4. United States (171.0 kg)

Source: IndexBox Market Intelligence Platform

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