Market research

Non coniferous wood fuel market in Bulgaria

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for non-coniferous wood fuel in Bulgaria showed notable fluctuations in consumption volume from 2018 to 2023. After a modest increase to 1.9 million cubic meters in 2019, volume dropped to 1.6 million cubic meters in 2020 before recovering and peaking at 2.0 million cubic meters in 2022. The subsequent year saw a contraction back to 1.6 million cubic meters.

In value terms, the market experienced a different trajectory, with stability around $90 million until 2020, then a rise to over $120 million by 2022. The financial value remained high in 2023 at $123.5 million despite the lower physical consumption, indicating sustained price levels for wood fuel.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bulgaria
  1. 5.1.1. Annual dynamics of production in Bulgaria in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Bulgaria in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production non coniferous wood fuel in Bulgaria

In kind, 2017-2020, K m³

Top producers of non coniferous wood fuel, 2017-2020

Source: SHEV.io

World map of production of non coniferous wood fuel, 2017-2020

Source: SHEV.io

In Bulgaria, 1 690 K m³ of non-coniferous wood fuel were produced in 2020, marking a significant decline of 16.1% compared to the previous year. Over the 2017-2020 period, production fell by 20.1%, with a compound annual growth rate (CAGR) of -7.2%. The only increase during this timeframe occurred in 2019, when production rose by 0.7%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.5%)	0.7%	(16.1%)	(7.2%)

Source: SHEV.io

In value, 2017-2020, M $ US

After two consecutive years of decline, Bulgaria's non-coniferous wood fuel production rebounded in value terms. In 2020, output was valued at 103.0 M $ US, reflecting a modest year-on-year increase of 2.8%. However, over the full 2017-2020 period, production value decreased by 5.8%, with a CAGR of -2.0%. The lowest value was recorded in 2019 at 100.2 M $ US, while the largest decline occurred in 2018 with a drop of 4.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.3%)	(4.2%)	2.8%	(2.0%)

Source: SHEV.io

Exports non coniferous wood fuel from Bulgaria

Exports in kind, K m³

Bulgaria's exports of non-coniferous wood fuel in volume terms declined for the third year in a row. In 2020, export volume stood at 94.7 K m³, representing a sharp decrease of 40.4% compared to 2019. Over the 2017-2020 period, exports plummeted by 78.3%, with a CAGR of -39.9%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(48.1%)	(29.9%)	(40.4%)	(39.9%)

Source: SHEV.io

From 2017 to 2020, Turkey and Greece were the dominant destinations for Bulgaria's non-coniferous wood fuel exports in volume terms, together accounting for 87.8% of total exports. Other countries each held relatively small shares of the export market.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Bulgaria's non-coniferous wood fuel exports in value terms fell for the third consecutive year. In 2020, exports totaled 5 772 K $ US, showing a substantial decline of 27.1% compared to 2019. Between 2017 and 2020, export value dropped by 74.4%, equivalent to an annualized rate of -36.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(47.5%)	(33.3%)	(27.1%)	(36.5%)

Source: SHEV.io

During the 2017-2020 period, Turkey and Greece were the two leading markets for Bulgaria's non-coniferous wood fuel exports in value terms, together making up 84.9% of total exports. The remaining export value was distributed across a variety of other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports non coniferous wood fuel to Bulgaria

Imports in kind, K m³

The import market for non-coniferous wood fuel in Bulgaria exhibited volatility from 2017 to 2020. Imports reached their lowest point in 2020 at 0.6 K m³, down by 66.4% from the previous year. The peak was recorded in 2019 at 1.7 K m³, resulting in a threefold difference between these two years. The largest increase occurred in 2018, with imports surging by 104.7%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	104.7%	15.5%	(66.4%)	(7.4%)

Source: SHEV.io

From 2017 to 2020, Germany and Greece were the primary sources for Bulgaria's non-coniferous wood fuel imports in volume terms, together accounting for 86.3% of total imports. The remainder was spread among other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Bulgaria's imports of non-coniferous wood fuel in value terms declined for the second consecutive year. In 2020, imports amounted to 196 K $ US, reflecting a year-on-year decrease of 15.8%. Over the 2017-2020 period, import value fell by 26.1%, with a CAGR of -9.6%. The highest value was recorded in 2018 at 300 K $ US, while the largest decline occurred in 2019 with a drop of 22.4%. The most significant increase took place in 2018, when imports rose by 13.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.2%	(22.4%)	(15.8%)	(9.6%)

Source: SHEV.io

Throughout the 2017-2020 period, Germany, France, and Italy were the three largest markets for Bulgaria's non-coniferous wood fuel imports in value terms, together representing 86.0% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io