Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria - 2023

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.3 per unit in 2022, dropping by -23% against the previous year. Overall, the import price continues to indicate a mild setback. The growth pace was the most rapid in 2015 when the average import price increased by 127% against the previous year. As a result, import price reached the peak level of $0.6 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($0.8 per unit), while the price for Poland ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.4 per unit in 2022, remaining constant against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 203% against the previous year. Over the period under review, the average export prices hit record highs at $1.8 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($4.1 per unit), while the average price for exports to Spain amounted to $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+14.7%), while the prices for the other major destinations experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria

Imports of millstones, grindstones, grinding wheels and the like; of natural stones into Bulgaria skyrocketed to 478K units in 2022, rising by 78% against 2021 figures. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 527% against the previous year. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones surged to $167K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 626%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A41.8141237.3%
PolandN/AN/A13.414.911.2%
China3.30.82.36.223.4%
Turkey16.18.046.01.2-57.9%
GreeceN/A2.712.4N/A359.3%
Others7.65.35.94.0-19.3%
Total27.016.812216783.6%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Bulgaria in 2022:

  1. Poland (233.5K units)
  2. United States (198.0K units)
  3. China (36.7K units)
  4. Turkey (1.6K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria

In 2022, shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by 0% to 1.9K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 45%. As a result, the exports attained the peak of 16K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones stood at $753 in 2022. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 8.1%. As a result, the exports reached the peak of $5.4K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A0.60%
North Macedonia0.3N/AN/A0.1-30.7%
Germany4.7N/AN/AN/A0%
TurkeyN/A5.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.05.4N/A0.8-45.7%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Bulgaria in 2022:

  1. Spain (1860.0 units)
  2. North Macedonia (29.0 units)

Source: IndexBox Market Intelligence Platform

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