| Product Code: ETC4685069 | 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 |
In 2024, Bulgaria continued to rely on asphalt shingle imports, with top exporters being Turkey, Slovakia, Italy, Poland, and Lithuania. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis showed high concentration levels, indicating limited competition. Despite a declining trend with a CAGR of -7.51% from 2020-2024 and a significant growth rate decrease of -14.98% in 2024, the demand for asphalt shingles in Bulgaria remains steady. The shift towards high concentration suggests a need for diversified import sources and potential Market Top 5 Importing Countries and Market Competition (HHI) Analysis opportunities for new players to enter and compete in the Bulgarian Market Top 5 Importing Countries and Market Competition (HHI) Analysis .

Bulgaria's Asphalt Shingles market is anticipated to experience a growing growth rate of 6.49% by 2027, reflecting trends observed in the largest economy 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 Asphalt Shingles Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Asphalt Shingles Market - Industry Life Cycle |
3.4 Bulgaria Asphalt Shingles Market - Porter's Five Forces |
3.5 Bulgaria Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Bulgaria Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bulgaria Asphalt Shingles Market Trends |
6 Bulgaria Asphalt Shingles Market Segmentations |
6.1 Bulgaria Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.3 Bulgaria Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.4 Bulgaria Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Bulgaria Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Bulgaria Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Bulgaria Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Bulgaria Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Bulgaria Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Bulgaria Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Bulgaria Asphalt Shingles Market Export to Major Countries |
7.2 Bulgaria Asphalt Shingles Market Imports from Major Countries |
8 Bulgaria Asphalt Shingles Market Key Performance Indicators |
9 Bulgaria Asphalt Shingles Market - Opportunity Assessment |
9.1 Bulgaria Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Bulgaria Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Asphalt Shingles Market - Competitive Landscape |
10.1 Bulgaria Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Asphalt Shingles 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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