Not reinforced or laminated non-cellular PE sheets market in Bulgaria

Earlier Report Observations

Between 2018 and 2022, the Bulgarian market for not reinforced or laminated non-cellular PE sheets saw its volume grow from 33 992 t to 38 907 t, with a notable peak of 39 068 t in 2021. The market value increased even more sharply, from $75.9 million to $106.1 million over the same period.

Domestic production fluctuated, reaching 23 037 t in 2021, while imports rose consistently to 26 414 t in 2022. Exports also expanded, from 5 371 t to 9 095 t, reflecting growing trade activity.

After 2022, import volumes remained substantial at 25 170 t in 2023 and 22 902 t in 2024, while exports were 8 343 t and 7 384 t in the same years.

Production not reinforced or laminated non-cellular PE sheets in Bulgaria

In value, 2017-2020, K $ US

In 2019, Bulgaria's output of not reinforced or laminated non-cellular PE sheets reached its lowest value at 35 877 K $ US. This was followed by a 3.9% increase in 2020, bringing the value to 37 288 K $ US. The peak occurred in 2018 at 39 832 K $ US. The largest decline of 9.9% was recorded in 2019, while the largest increase of 5.7% took place in 2018.

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

In kind, 2017-2020, t

Bulgaria's production volume of not reinforced or laminated non-cellular PE sheets has declined for two consecutive years. In 2020, output stood at 19 103 t, marking a moderate 3.9% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 2.3%, which translates to an annualized decline of 0.8%. The highest production volume was recorded in 2018 at 20 208 t, with the largest increase of 3.3% also occurring that year.

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

Exports not reinforced or laminated non-cellular PE sheets from Bulgaria

Exports in kind, t

Bulgaria's exports of not reinforced or laminated non-cellular PE sheets have increased for three consecutive years. In 2020, exports totaled 7 224 t, showing a substantial rise of 11.2% compared to the previous year. From 2017 to 2020, exports grew by 44.7%, equating to an annualized growth rate of 13.1%.

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

Between 2017 and 2020, the Netherlands, Germany, and Romania were the main buyers of not reinforced or laminated non-cellular PE sheets from Bulgaria. The Netherlands accounted for 22.0% of exports in kind, Germany for 19.1%, and Romania for 12.5%. Together, these three countries comprised 53.5% of Bulgaria's total exports in kind during this period.

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 not reinforced or laminated non-cellular PE sheets have grown for three consecutive years. In 2020, export value reached 15 827 K $ US, representing an 11.1% increase compared to the previous year. From 2017 to 2020, exports increased by 31.5%, with an annualized growth rate of 9.6%.

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

From 2017 to 2020, the Netherlands, Germany, and Romania were the top markets for Bulgaria's exports of not reinforced or laminated non-cellular PE sheets in value terms. Together, these three countries absorbed 51.8% of total export value.

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

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

Imports not reinforced or laminated non-cellular PE sheets to Bulgaria

Imports in kind, t

Bulgaria's imports of not reinforced or laminated non-cellular PE sheets have risen for three consecutive years. In 2020, imports amounted to 22 503 t, indicating a robust uptick of 12.9% compared to the previous year. Over the 2017-2020 period, imports increased by 19%, with a compound annual growth rate of 6.0%.

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

Between 2017 and 2020, imports in kind of not reinforced or laminated non-cellular PE sheets to Bulgaria were spread across many countries. Turkey accounted for 20.9% of imports in kind, Poland for 16.6%, and Italy for 10.8%. Together, these three countries represented only 48.3% of total import flows, highlighting the diversity of suppliers.

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

In 2019, Bulgaria's imports of not reinforced or laminated non-cellular PE sheets reached their lowest value at 45 960 K $ US, marking a 6.1% decline. This was followed by a modest 6.0% improvement in 2020, bringing the value to 48 721 K $ US. The peak import value was recorded in 2018 at 48 930 K $ US.

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

From 2017 to 2020, imports of not reinforced or laminated non-cellular PE sheets to Bulgaria came from a broad set of markets. Turkey accounted for 19.0% of imports in value terms, Germany for 13.7%, and Poland for 12.9%. Together, these three countries represented only 45.7% of total import value, with many smaller destinations making up the remaining 54.3%.

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

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