Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria (CIF) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria (FOB) - 2022
  3. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria
  4. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria (CIF) - 2022

In 2022, the average import price for wood amounted to $152 per cubic meter, reducing by -20.7% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 45% against the previous year. The import price peaked at $191 per cubic meter in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($262 per cubic meter), while the price for Greece ($84 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria (FOB) - 2022

The average export price for wood stood at $50 per cubic meter in 2022, shrinking by -17.4% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 87%. The export price peaked at $60 per cubic meter in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($103 per cubic meter), while the average price for exports to Romania ($44 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria

In 2022, overseas purchases of wood were finally on the rise to reach 703 cubic meters after two years of decline. Overall, imports, however, continue to indicate a dramatic curtailment. Imports peaked at 4K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wood reduced to $107K in 2022. Over the period under review, imports, however, recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked at $387K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany81.930.356.549.5-15.5%
Greece15335.537.332.7-40.2%
France11219.513.412.3-52.1%
Netherlands17.60.16.45.6-31.7%
Romania15.52.11.41.5-54.1%
Others7.05.64.85.0-10.6%
Total38793.2120107-34.9%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Bulgaria in 2022:

  1. Greece (391.0 cubic meters)
  2. Germany (218.0 cubic meters)
  3. France (47.0 cubic meters)
  4. Netherlands (22.0 cubic meters)
  5. Romania (8.0 cubic meters)

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria

In 2022, the amount of wood exported from Bulgaria shrank to 1.3K cubic meters, declining by -2.6% compared with the previous year. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 5.3%. Over the period under review, the exports of attained the maximum at 1.5K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wood reduced sharply to $65K in 2022. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, the exports attained the peak of $80K, and then dropped notably in the following year.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece34.844.473.358.518.9%
Italy4.42.82.53.3-9.1%
Romania0.40.71.91.555.4%
Others0.20.92.41.281.7%
Total39.948.980.164.517.4%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Bulgaria in 2022:

  1. Greece (1216.0 cubic meters)
  2. Romania (35.0 cubic meters)
  3. Italy (32.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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