| Product Code: ETC5221192 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s asphalt import Market Top 5 Importing Countries and Market Competition (HHI) Analysis showed strong growth in 2024, with top suppliers including Greece, Iraq, Slovakia, Turkey, and Serbia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis , while the impressive Compound Annual Growth Rate (CAGR) of 5.91% from 2020 to 2024 highlights sustained growth. Notably, the growth rate spiked by 51.11% from 2023 to 2024, indicating a significant upsurge in demand for asphalt imports in Bulgaria. This data suggests a thriving Market Top 5 Importing Countries and Market Competition (HHI) Analysis with key opportunities for both suppliers and buyers in the asphalt industry.

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 Asphalt Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Asphalt Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Asphalt Market - Industry Life Cycle |
3.4 Bulgaria Asphalt Market - Porter's Five Forces |
3.5 Bulgaria Asphalt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Asphalt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Asphalt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Infrastructure development projects in Bulgaria |
4.2.2 Growth in the construction industry |
4.2.3 Increasing demand for road maintenance and repair |
4.2.4 Government investments in transportation sector |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental regulations impacting asphalt production |
4.3.3 Competition from alternative road construction materials |
4.3.4 Economic uncertainties affecting construction activities |
5 Bulgaria Asphalt Market Trends |
6 Bulgaria Asphalt Market Segmentations |
6.1 Bulgaria Asphalt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Asphalt Market Revenues & Volume, By Paving Petroleum Asphalt, 2021-2031F |
6.1.3 Bulgaria Asphalt Market Revenues & Volume, By Industrial Petroleum Asphalt, 2021-2031F |
6.1.4 Bulgaria Asphalt Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Asphalt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Asphalt Market Revenues & Volume, By Paving, 2021-2031F |
6.2.3 Bulgaria Asphalt Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Bulgaria Asphalt Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Asphalt Market Import-Export Trade Statistics |
7.1 Bulgaria Asphalt Market Export to Major Countries |
7.2 Bulgaria Asphalt Market Imports from Major Countries |
8 Bulgaria Asphalt Market Key Performance Indicators |
8.1 Average selling price of asphalt products in Bulgaria |
8.2 Number of road construction and maintenance projects initiated |
8.3 Utilization rate of asphalt production facilities |
8.4 Adoption rate of sustainable asphalt technologies |
8.5 Percentage of government budget allocated to transportation infrastructure |
9 Bulgaria Asphalt Market - Opportunity Assessment |
9.1 Bulgaria Asphalt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Asphalt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Asphalt Market - Competitive Landscape |
10.1 Bulgaria Asphalt Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Asphalt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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