Bulgaria - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bulgaria - Fiber Board Of Wood Or Other Ligneous Materials - Market Analysis, Forecast, Size, Trends and Insights

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Fiberboard Price in Bulgaria - 2023

Contents:

  1. Fiberboard Price in Bulgaria (CIF) - 2023
  2. Fiberboard Price in Bulgaria (FOB) - 2023
  3. Fiberboard Imports in Bulgaria
  4. Fiberboard Exports in Bulgaria

Fiberboard Price in Bulgaria (CIF) - 2023

In August 2023, the average fiberboard import price amounted to $132 per cubic meter, almost unchanged from the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in September 2022 an increase of 20% m-o-m. Over the period under review, average import prices attained the peak figure at $145 per cubic meter in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat 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 Poland ($215 per cubic meter), while the price for China ($90.4 per cubic meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Fiberboard Price in Bulgaria (FOB) - 2023

The average fiberboard export price stood at $121 per cubic meter in August 2023, increasing by 10% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices reached the peak figure in August 2023.

Average prices varied somewhat for the major overseas markets. In August 2023, the countries with the highest prices were Greece ($131 per cubic meter) and Serbia ($111 per cubic meter), while the average price for exports to Albania ($87.6 per cubic meter) and Morocco ($89.4 per cubic meter) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports in Bulgaria

In 2022, after three years of growth, there was decline in overseas purchases of fiber board of wood or other ligneous materials, when their volume decreased by -1.8% to 568K cubic meters. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8.5%. As a result, imports reached the peak of 578K cubic meters, and then declined in the following year.

In value terms, fiberboard imports reached $81M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +46.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fiberboard in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey12.313.021.732.638.4%
Germany9.710.411.515.216.2%
Poland8.26.29.58.51.2%
Romania4.85.86.67.013.4%
Greece2.21.62.73.516.7%
Hungary2.12.03.12.78.7%
Russia2.22.73.22.0-3.1%
Serbia1.61.72.01.5-2.1%
Belarus4.14.45.21.3-31.8%
Ukraine1.30.90.80.7-18.6%
Others7.66.77.66.2-6.6%
Total56.055.474.081.213.2%

Top Suppliers of Fiberboard to Bulgaria in 2022:

  1. Turkey (250.9K cubic meters)
  2. Germany (104.4K cubic meters)
  3. Romania (58.7K cubic meters)
  4. Poland (45.2K cubic meters)
  5. Hungary (21.1K cubic meters)
  6. Greece (18.2K cubic meters)
  7. Russia (16.2K cubic meters)
  8. Belarus (9.4K cubic meters)
  9. Serbia (9.1K cubic meters)
  10. Ukraine (5.5K cubic meters)

Fiberboard Exports in Bulgaria

In 2022, after three years of growth, there was significant decline in shipments abroad of fiber board of wood or other ligneous materials, when their volume decreased by -16.1% to 566K cubic meters. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 146% against the previous year. As a result, the exports attained the peak of 675K cubic meters, and then contracted sharply in the following year.

In value terms, fiberboard exports rose rapidly to $62M in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 145%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Fiberboard in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece5.25.712.415.945.1%
Italy8.69.88.811.811.1%
Serbia0.60.56.69.2148.4%
AlgeriaN/A0.14.46.7718.5%
Romania0.90.61.84.165.8%
TunisiaN/AN/A6.04.0-33.3%
Albania0.20.11.31.6100.0%
North Macedonia1.51.72.11.4-2.3%
Turkey0.60.61.91.018.6%
Others3.13.29.36.226.0%
Total20.722.354.761.944.1%

Top Export Markets for Fiberboard from Bulgaria in 2022:

  1. Greece (125.6K cubic meters)
  2. Italy (120.6K cubic meters)
  3. Serbia (80.2K cubic meters)
  4. Algeria (73.8K cubic meters)
  5. Tunisia (51.3K cubic meters)
  6. Romania (40.4K cubic meters)
  7. Albania (13.4K cubic meters)
  8. Turkey (10.9K cubic meters)
  9. North Macedonia (10.3K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fiberboard 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 16211423 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness not exceeding 5 mm
  • Prodcom 16211426 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 5 mm but not exceeding 9 mm
  • Prodcom 16211429 - Medium density fibreboard (MDF), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a thickness exceeding 9 mm
  • Prodcom 16211443 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,8 g/cm.
  • Prodcom 16211446 - Fibreboard (excluding medium density fibreboard [MDF]), of wood or other ligneous materials, whether or not bonded with resins or other organic substances, of a density exceeding 0,5 g/cm. but not exceeding 0,8 g/cm.
  • Prodcom 16211449 - Fibreboard of wood or other ligneous materials (excluding medium density fibreboard [MDF]), whether or not bonded with resins or other organic substances, of a density not exceeding 0,5 g/cm.

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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