Concrete or artificial stone blocks and bricks market in Bulgaria

Earlier Report Observations

The market volume for concrete or artificial stone blocks and bricks in Bulgaria fluctuated between 2018 and 2024. Starting at 162.5 thousand tons in 2018, it dipped to 150.8 thousand tons in 2019 before recovering to a peak of 166.8 thousand tons in 2021. After a drop to 153.0 thousand tons in 2022, the volume rebounded to 162.8 thousand tons in 2024, nearly returning to its initial level.

In value terms, the market showed a strong upward trend, rising from USD 10.7 million in 2018 to USD 18.3 million in 2022, before a slight contraction to USD 17.2 million in 2024. This significant increase in market value, despite volatile physical volume, points to rising unit prices or a shift toward higher-value products within the segment.

These movements were shaped by substantial changes in domestic production and foreign trade. Production peaked at 211.2 thousand tons in 2020 but then fell sharply to 144.7 thousand tons by 2024. At the same time, exports collapsed from 61.7 thousand tons in 2020 to just 4.3 thousand tons in 2024, which helped sustain domestic supply despite lower production, while imports varied, reaching a high of 30.6 thousand tons in 2021.

Production concrete or artificial stone blocks and bricks in Bulgaria

In value, 2017-2020, K $ US

In Bulgaria, the output value of concrete or artificial stone blocks and bricks reached 17 805 thousand US dollars in 2020, marking a 23.8% increase from the previous year. Production hit its lowest point in 2019 at 14 378 thousand US dollars, with the largest decline that year at 11.2%. Over the period from 2018 to 2020, production grew by 10%, translating to an annualized growth rate of 3.2%.

Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US

In kind, 2017-2020, K t

Bulgaria's production volume of concrete or artificial stone blocks and bricks has risen for the third year in a row. In 2020, the country produced 211.2 thousand tonnes, a robust 12.3% increase compared to 2019. From 2018 to 2020, production surged by 63.6%, averaging an annual growth rate of 17.8%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, K t

Exports concrete or artificial stone blocks and bricks from Bulgaria

Exports in kind, t

Exports of concrete or artificial stone blocks and bricks from Bulgaria have grown for the third consecutive year. In 2020, export volumes reached 61 737 tonnes, up 21.4% from 2019. Between 2017 and 2020, exports expanded by 89%, with an annualized growth rate of 23.6%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

From 2017 to 2020, the main buyers of concrete or artificial stone blocks and bricks from Bulgaria were Romania, accounting for 45.9% of exports in kind, North Macedonia with 22.6%, and Greece at 9.9%. Together, these three countries represented 78.4% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bulgaria in kind, 2017-2020

Exports in value, K $ US

Bulgaria's exports of concrete or artificial stone blocks and bricks in value terms have increased for the third year running. In 2020, exports totaled 7 383 thousand US dollars, showing a slight gain of 2.4% compared to 2019. Over the period from 2017 to 2020, exports rose by 35.5%, with an annualized growth rate of 10.7%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

During 2017–2020, the key destinations for Bulgaria's exports in value terms were Romania, with 27.1% of exports, Greece at 25.9%, and North Macedonia with 11.1%. Combined, these three markets accounted for 64.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bulgaria in value, 2017-2020

Imports concrete or artificial stone blocks and bricks to Bulgaria

Imports in kind, t

After a two-year decline, imports of concrete or artificial stone blocks and bricks into Bulgaria rebounded. In 2020, imports were recorded at 16 653 tonnes, a 22.1% increase from the previous year. The lowest point was in 2019 at 13 640 tonnes, with the largest drop that year of 25.1%. Overall, from 2017 to 2020, imports decreased by 14%, averaging an annual decline of 4.9%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

From 2017 to 2020, Romania dominated Bulgaria's imports in kind of concrete or artificial stone blocks and bricks, holding 79.4% of total flows. Other countries each contributed significantly smaller shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bulgaria in kind, 2017-2020

Imports in value, K $ US

Bulgaria's imports of concrete or artificial stone blocks and bricks in value terms have grown for the third straight year. In 2020, import volume totaled 2 203 thousand US dollars, rising by 40.2% compared to 2019. Over the 2017-2020 period, imports increased by 60.1%, with a compound annual growth rate of 17.0%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

Throughout 2017–2020, the three largest markets for Bulgaria's imports in value terms were Romania, Turkey, and Slovakia. Together, they accounted for 81.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bulgaria in value, 2017-2020