Bulgaria - Folding Boxboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFolding Boxboard Price in Bulgaria - 2023
Contents:
- Folding Boxboard Price in Bulgaria (CIF) - 2023
- Folding Boxboard Price in Bulgaria (FOB) - 2023
- Folding Boxboard Imports in Bulgaria
- Folding Boxboard Exports in Bulgaria
Folding Boxboard Price in Bulgaria (CIF) - 2023
The average folding boxboard import price stood at $1,424 per ton in July 2023, declining by -11.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 13% m-o-m. As a result, import price reached the peak level of $1,607 per ton, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belarus ($2,826 per ton), while the price for China ($1,070 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belarus (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Folding Boxboard Price in Bulgaria (FOB) - 2023
In July 2023, the average folding boxboard export price amounted to $3,865 per ton, picking up by 68% against the previous month. In general, export price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, folding boxboard export price increased by +67.6% against June 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Iran ($20,954 per ton), while the average price for exports to North Macedonia ($1,305 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Folding Boxboard Imports in Bulgaria
In 2022, folding boxboard imports into Bulgaria stood at 80K tons, approximately equating the previous year's figure. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, folding boxboard imports surged to $116M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +62.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Folding Boxboard in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.1 | 7.2 | 15.1 | 17.0 | 40.7% |
| Austria | 3.2 | 3.6 | 5.0 | 12.7 | 58.3% |
| Turkey | 7.9 | 6.6 | 9.1 | 11.8 | 14.3% |
| China | 6.9 | 6.8 | 7.3 | 11.3 | 17.9% |
| Slovenia | 7.6 | 7.2 | 7.9 | 10.3 | 10.7% |
| Serbia | 9.2 | 7.6 | 9.5 | 9.9 | 2.5% |
| Germany | 10.3 | 8.0 | 7.7 | 9.3 | -3.3% |
| Finland | 5.6 | 7.9 | 8.4 | 8.3 | 14.0% |
| Italy | 2.5 | 2.7 | 4.0 | 5.7 | 31.6% |
| Greece | 0.9 | 1.1 | 2.5 | 4.7 | 73.5% |
| Spain | 0.3 | 1.0 | 2.8 | 4.4 | 144.8% |
| Sweden | 2.1 | 1.5 | 2.3 | 2.9 | 11.4% |
| Ukraine | 5.7 | 6.8 | 7.5 | 1.5 | -35.9% |
| Others | 4.5 | 3.6 | 6.1 | 6.6 | 13.6% |
| Total | 72.8 | 71.6 | 95.1 | 116 | 16.8% |
Top Suppliers of Folding Boxboard to Bulgaria in 2022:
- Austria (13.4K tons)
- Turkey (10.0K tons)
- Slovenia (8.6K tons)
- China (7.4K tons)
- Poland (6.9K tons)
- Serbia (6.6K tons)
- Finland (6.2K tons)
- Germany (4.7K tons)
- Italy (3.7K tons)
- Greece (2.7K tons)
- Spain (2.5K tons)
- Sweden (1.9K tons)
- Ukraine (1.2K tons)
Folding Boxboard Exports in Bulgaria
Folding boxboard exports from Bulgaria rose markedly to 5.2K tons in 2022, surging by 10% on 2021. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, folding boxboard exports soared to $12M in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Folding Boxboard in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 357 | 756 | 967 | 1,760 | 70.2% |
| Iraq | 53.2 | 103 | 304 | 1,451 | 201.0% |
| Romania | 1,139 | 822 | 1,517 | 1,360 | 6.1% |
| Croatia | N/A | N/A | 759 | 1,149 | 51.4% |
| Turkey | 540 | 374 | 337 | 1,147 | 28.5% |
| Germany | 7.2 | 46.2 | 13.7 | 777 | 376.1% |
| Iran | 1,038 | 277 | 1,090 | 751 | -10.2% |
| Greece | 276 | 784 | 1,062 | 631 | 31.7% |
| Austria | N/A | 366 | 199 | 592 | 27.2% |
| Russia | 1,027 | 643 | 320 | 572 | -17.7% |
| Kazakhstan | N/A | N/A | N/A | 318 | 0% |
| Italy | 65.0 | 125 | 264 | 272 | 61.1% |
| Serbia | 157 | 150 | 121 | 216 | 11.2% |
| Others | 1,711 | 1,489 | 1,479 | 1,430 | -5.8% |
| Total | 6,370 | 5,934 | 8,432 | 12,425 | 24.9% |
Top Export Markets for Folding Boxboard from Bulgaria in 2022:
- Romania (1119.2 tons)
- Turkey (697.7 tons)
- Belarus (564.9 tons)
- Greece (371.4 tons)
- Iraq (352.5 tons)
- Croatia (325.5 tons)
- Russia (233.9 tons)
- Austria (233.0 tons)
- Iran (197.1 tons)
- Germany (145.1 tons)
- Kazakhstan (123.5 tons)
- Italy (111.8 tons)
- Serbia (86.0 tons)
This report provides an in-depth analysis of the folding boxboard 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:
- FCL 1618 - Cartonboard
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
-
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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