Key Market Indicators
Revenue from forestry in Bulgaria is expected to drop slightly over the next five years. In 2021, it will reach 778.6 thousand hectares, before dropping to 753.2 thousand hectares by 2026. This equates to an average annual decrease of 0.6% since 1995.
Bulgaria Forestry Market Data and Forecasts
How much will Bulgaria Forestry Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
The global forestry industry is witnessing evolving patterns marked by an increase in sustainable and responsible wood usage. Apart from timber production, forests serve as indispensable carbon sinks, playing a crucial role in combating climate change. The current trend emphasizes multilateral cooperation to implement sustainable forest management practices, and a...Read more
The sector in question is experiencing a number of eco-political and socio-economic transformations. As timber resources become scarcer due to deforestation and stricter environmental regulations, market companions make rapid adjustments. There is a shift in focus towards sustainable practices and digital technologies, the latter of which simplifies traceability and streamlines...Read more
Strong growth characteristics are prominent in the current tree nut market, driven by rising consumer preference for plant-based diets and high nutritional value of these nuts. Given its health benefits and inclusion in various food recipes, demand is robust notably in developed regions. Additionally, breakthroughs in farming technologies are fueling...Read more
Having seen fluctuating performance on the global stage, the versatile wood panel derivative sector—popularly associated with plywood—is poised for modest but steady growth. Factors such as construction and furniture industry dynamism, renovative activities, and evolving consumer trends greatly influence this trajectory. Robust growth in residential construction in developing economies is...Read more
The wooden decking market is demonstrating considerable growth, driven by increased consumer interest in outdoor living spaces. Preference for natural wood due to its aesthetic appeal, longevity and perceived sustainability is boosting demand. Furthermore, advancements in outdoor décor and an increasing penchant for extravagant home improvement projects have propelled the...Read more