| Product Code: ETC4740397 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Bulgaria`s graphite electrodes import Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw significant concentration in 2024, with India, Spain, China, Italy, and Poland emerging as key exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a shift towards very high concentration from 2023 to 2024. The industry experienced a notable decline with a negative Compound Annual Growth Rate (CAGR) of -23.45% from 2020 to 2024. Moreover, the growth rate further plummeted by -48.52% from 2023 to 2024, reflecting challenging dynamics within the Market Top 5 Importing Countries and Market Competition (HHI) Analysis . Stakeholders should closely monitor these trends for strategic insights and decision-making.
In the Europe region, the Graphite Electrodes market in Bulgaria is projected to expand at a negative growth rate of -0.00% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Graphite Electrodes Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Graphite Electrodes Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Graphite Electrodes Market - Industry Life Cycle |
3.4 Bulgaria Graphite Electrodes Market - Porter's Five Forces |
3.5 Bulgaria Graphite Electrodes Market Revenues & Volume Share, By Electrode Grade, 2021 & 2031F |
3.6 Bulgaria Graphite Electrodes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Graphite Electrodes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for graphite electrodes in the steel industry for electric arc furnaces due to its high thermal resistance and conductivity. |
4.2.2 Growing investments in infrastructure projects and industrialization in Bulgaria, leading to higher demand for graphite electrodes. |
4.2.3 Rise in demand for electric vehicles and renewable energy sources, driving the need for graphite electrodes in battery production. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as needle coke, used in the production of graphite electrodes. |
4.3.2 Environmental regulations and concerns regarding the production process of graphite electrodes. |
4.3.3 Competition from substitute materials like silicon carbide and carbon composites impacting the demand for graphite electrodes. |
5 Bulgaria Graphite Electrodes Market Trends |
6 Bulgaria Graphite Electrodes Market Segmentations |
6.1 Bulgaria Graphite Electrodes Market, By Electrode Grade |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Graphite Electrodes Market Revenues & Volume, By Ultra High Power (UHP), 2021-2031F |
6.1.3 Bulgaria Graphite Electrodes Market Revenues & Volume, By High Power (SHP), 2021-2031F |
6.1.4 Bulgaria Graphite Electrodes Market Revenues & Volume, By Regular Power (RP), 2021-2031F |
6.2 Bulgaria Graphite Electrodes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Graphite Electrodes Market Revenues & Volume, By Electric Arc Furnace, 2021-2031F |
6.2.3 Bulgaria Graphite Electrodes Market Revenues & Volume, By Basic Oxygen Furnace, 2021-2031F |
6.2.4 Bulgaria Graphite Electrodes Market Revenues & Volume, By Non-steel Application, 2021-2031F |
7 Bulgaria Graphite Electrodes Market Import-Export Trade Statistics |
7.1 Bulgaria Graphite Electrodes Market Export to Major Countries |
7.2 Bulgaria Graphite Electrodes Market Imports from Major Countries |
8 Bulgaria Graphite Electrodes Market Key Performance Indicators |
8.1 Average selling price of graphite electrodes in Bulgaria. |
8.2 Capacity utilization rate of graphite electrode manufacturers in the country. |
8.3 Investment in research and development for new graphite electrode technologies. |
8.4 Energy consumption efficiency in graphite electrode production processes. |
8.5 Percentage of recycled materials used in graphite electrode manufacturing. |
9 Bulgaria Graphite Electrodes Market - Opportunity Assessment |
9.1 Bulgaria Graphite Electrodes Market Opportunity Assessment, By Electrode Grade, 2021 & 2031F |
9.2 Bulgaria Graphite Electrodes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Graphite Electrodes Market - Competitive Landscape |
10.1 Bulgaria Graphite Electrodes Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Graphite Electrodes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |