Marble And Travertine Market Overview in Bulgaria
In value terms, marble and travertine production expanded modestly to $ in 2019 estimated in export prices. Over the period under review, production recorded mild growth. The most prominent rate of growth was recorded in 2008 when the production volume increased by % y-o-y. As a result, production reached the peak level of $. From 2009 to 2019, production growth failed to regain the momentum.
The value of the marble and travertine market in Bulgaria rose slightly to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a mild descent. The growth pace was the most rapid in 2008 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.