Bulgaria - Vulcanised Cellular Rubber Articles For Technical Uses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bulgaria - Vulcanised Cellular Rubber Articles For Technical Uses - Market Analysis, Forecast, Size, Trends And Insights

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Price for Vulcanised Cellular Rubber Articles in Bulgaria - 2023

Contents:

  1. Price for Vulcanised Cellular Rubber Articles in Bulgaria (FOB) - 2022
  2. Price for Vulcanised Cellular Rubber Articles in Bulgaria (CIF) - 2023
  3. Exports of Vulcanised Cellular Rubber Articles in Bulgaria
  4. Imports of Vulcanised Cellular Rubber Articles in Bulgaria

Price for Vulcanised Cellular Rubber Articles in Bulgaria (FOB) - 2022

The average vulcanised cellular rubber articles export price stood at $4,487 per ton in 2022, with an increase of 11% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised cellular rubber articles export price increased by +56.9% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($5,049 per ton), while the average price for exports to Spain ($1,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vulcanised Cellular Rubber Articles in Bulgaria (CIF) - 2023

The average vulcanised cellular rubber articles import price stood at $7,594 per ton in June 2023, dropping by -5.2% against the previous month. Overall, the import price, however, saw a measured expansion. The pace of growth appeared the most rapid in September 2022 an increase of 134% m-o-m. As a result, import price reached the peak level of $13,589 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($23,717 per ton), while the price for Turkey ($5,084 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vulcanised Cellular Rubber Articles in Bulgaria

In 2022, after three years of growth, there was decline in shipments abroad of vulcanised cellular rubber articles for technical uses, when their volume decreased by -2.5% to 1.2K tons. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then contracted slightly in the following year.

In value terms, vulcanised cellular rubber articles exports rose significantly to $5.6M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Vulcanised Cellular Rubber Articles in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.43.34.64.27.3%
GermanyN/AN/A0.10.5400.0%
GreeceN/AN/A0.10.10.0%
SpainN/AN/A0.10.10.0%
Others0.10.30.30.791.3%
Total3.53.75.25.617.0%

Top Export Markets for Vulcanised Cellular Rubber Articles from Bulgaria in 2022:

  1. Italy (859.0 tons)
  2. Germany (262.9 tons)
  3. Spain (57.3 tons)
  4. Greece (19.0 tons)

Imports of Vulcanised Cellular Rubber Articles in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of vulcanised cellular rubber articles for technical uses, which increased by 19% to 430 tons in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, vulcanised cellular rubber articles imports surged to $3.2M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Vulcanised Cellular Rubber Articles in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece8385491,2691,45420.2%
Turkey86.134623550079.7%
Germany13412025321617.3%
Italy90.511131221132.6%
China62.292.718617440.9%
Romania19.072.710114295.5%
Spain13.42.82.574.176.8%
Others17922135840831.6%
Total1,4231,5162,7163,17930.7%

Top Suppliers of Vulcanised Cellular Rubber Articles to Bulgaria in 2022:

  1. Greece (189.0 tons)
  2. Turkey (111.0 tons)
  3. China (33.5 tons)
  4. Italy (28.7 tons)
  5. Spain (23.0 tons)
  6. Romania (19.0 tons)
  7. Germany (6.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for vulcanised cellular rubber articles 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 22197310 - Vulcanised cellular rubber articles for technical uses

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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