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Bulgaria - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRolled Bitumen Articles Price in Bulgaria - 2023
Contents:
- Rolled Bitumen Articles Price in Bulgaria (CIF) - 2023
- Rolled Bitumen Articles Price in Bulgaria (FOB) - 2022
- Rolled Bitumen Articles Imports in Bulgaria
- Rolled Bitumen Articles Exports in Bulgaria
Rolled Bitumen Articles Price in Bulgaria (CIF) - 2023
The average rolled bitumen articles import price stood at $2.5 per square meter in August 2023, falling by -9.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 11% m-o-m. Over the period under review, average import prices reached the peak figure at $2.8 per square meter in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Hungary ($3.5 per square meter), while the price for Belarus ($2.0 per square meter) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Russia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Rolled Bitumen Articles Price in Bulgaria (FOB) - 2022
The average rolled bitumen articles export price stood at $4.7 per square meter in 2022, rising by 77% against the previous year. Overall, the export price posted a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 135% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($17 per square meter), while the average price for exports to Cyprus ($2.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+49.3%), while the prices for the other major destinations experienced more modest paces of growth.
Rolled Bitumen Articles Imports in Bulgaria
After three years of growth, purchases abroad of articles of bitumen in rolls decreased by -8.4% to 8.8M square meters in 2022. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 9.6M square meters, and then declined in the following year.
In value terms, rolled bitumen articles imports surged to $22M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Rolled Bitumen Articles in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.7 | 3.9 | 3.3 | 5.6 | 14.8% |
Romania | 2.5 | 2.7 | 3.9 | 4.7 | 23.4% |
Russia | 6.3 | 6.0 | 8.3 | 3.5 | -17.8% |
Turkey | 0.4 | 0.2 | 0.2 | 2.5 | 84.2% |
Greece | 0.2 | 0.2 | 0.4 | 1.7 | 104.1% |
Hungary | N/A | 0.4 | 0.2 | 1.2 | 73.2% |
Serbia | 0.2 | 0.1 | N/A | 0.5 | 35.7% |
Others | 1.2 | 1.6 | 2.4 | 2.4 | 26.0% |
Total | 14.5 | 15.0 | 18.6 | 22.1 | 15.1% |
Top Suppliers of Rolled Bitumen Articles to Bulgaria in 2022:
- Romania (1.9M square meters)
- Italy (1.9M square meters)
- Russia (1.8M square meters)
- Turkey (1.2M square meters)
- Greece (0.7M square meters)
- Serbia (0.3M square meters)
- Hungary (0.3M square meters)
Rolled Bitumen Articles Exports in Bulgaria
In 2022, shipments abroad of articles of bitumen in rolls was finally on the rise to reach 13K square meters after two years of decline. Overall, exports, however, saw a sharp downturn. The exports peaked at 28K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, rolled bitumen articles exports skyrocketed to $63K in 2022. Over the period under review, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Rolled Bitumen Articles in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.7 | N/A | 1.1 | 24.0 | 141.7% |
Georgia | N/A | N/A | N/A | 22.4 | 0% |
Switzerland | N/A | 1.5 | N/A | 4.5 | 73.2% |
Cyprus | 0.9 | N/A | N/A | 3.7 | 60.2% |
Serbia | N/A | N/A | N/A | 3.6 | 0% |
Greece | 9.5 | 5.6 | 7.9 | 3.4 | -29.0% |
Armenia | 6.3 | 9.7 | N/A | N/A | 54.0% |
Belgium | N/A | N/A | 2.3 | N/A | 0% |
North Macedonia | N/A | 12.7 | N/A | N/A | 0% |
Turkey | 28.1 | N/A | N/A | N/A | 0% |
Others | 4.3 | 2.3 | 3.0 | 1.4 | -31.2% |
Total | 50.8 | 31.9 | 14.3 | 63.0 | 7.4% |
Top Export Markets for Rolled Bitumen Articles from Bulgaria in 2022:
- Germany (7.2K square meters)
- Cyprus (1.5K square meters)
- Georgia (1.3K square meters)
- Greece (1.3K square meters)
- Serbia (1.1K square meters)
- Switzerland (0.8K square meters)
This report provides an in-depth analysis of the rolled bitumen articles 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, 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
This report provides an in-depth analysis of the rolled bitumen articles market in Bulgaria.
This report provides an in-depth analysis of the market for asphalt or bitumen article in Bulgaria.
This report provides an in-depth analysis of the non-rolled bitumen products market in Bulgaria.
This report provides an in-depth analysis of the global rolled bitumen articles market.
This report provides an in-depth analysis of the global market for asphalt or bitumen article.
This report provides an in-depth analysis of the global non-rolled bitumen products market.
This report provides an in-depth analysis of the rolled bitumen articles market in Bulgaria.
This report provides an in-depth analysis of the market for asphalt or bitumen article in Bulgaria.
This report provides an in-depth analysis of the non-rolled bitumen products market in Bulgaria.
This report provides an in-depth analysis of the global rolled bitumen articles market.
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