Bulgaria: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Bulgaria

The Bulgarian market for building blocks and bricks of cement, concrete or artificial stone rose markedly to $X in 2022, growing by X% against the previous year. In general, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Bulgaria

In value terms, production of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The growth pace was the most rapid in 2020 when the production volume increased by X%. Production of peaked in 2022 and is likely to see steady growth in the near future.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Bulgaria

In 2022, overseas shipments of building blocks and bricks of cement, concrete or artificial stone decreased by X% to X tons, falling for the second year in a row after six years of growth. Over the period under review, exports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone shrank markedly to $X in 2022. Overall, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Bulgaria, with a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Romania exceeded the volume sent to the second major destination, North Macedonia (X tons), threefold. The third position in this ranking was held by Greece (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Greece (X% per year).

In value terms, Greece ($X), Romania ($X) and North Macedonia ($X) appeared to be the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Bulgaria worldwide, together comprising X% of total exports.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, showed a perceptible downturn. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Romania ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Bulgaria

In 2022, after two years of growth, there was significant decline in supplies from abroad of building blocks and bricks of cement, concrete or artificial stone, when their volume decreased by X% to X tons. Over the period under review, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone contracted notably to $X in 2022. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

Turkey (X tons), Romania (X tons) and Greece (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Bulgaria, together accounting for X% of total imports. Kosovo, Slovakia and Croatia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Kosovo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Bulgaria were Turkey ($X), Romania ($X) and Greece ($X), together comprising X% of total imports. Kosovo, Slovakia and Croatia lagged somewhat behind, together comprising a further X%.

Kosovo, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Kosovo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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