Bulgaria - Acrylic Polymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAcrylic Polymer Price in Bulgaria - 2023
Contents:
- Acrylic Polymer Price in Bulgaria (CIF) - 2022
- Acrylic Polymer Price in Bulgaria (FOB) - 2022
- Acrylic Polymer Imports in Bulgaria
- Acrylic Polymer Exports in Bulgaria
Acrylic Polymer Price in Bulgaria (CIF) - 2022
In 2022, the average acrylic polymer import price amounted to $2,215 per ton, growing by 5.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $2,339 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,600 per ton), while the price for Turkey ($1,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Acrylic Polymer Price in Bulgaria (FOB) - 2022
The average acrylic polymer export price stood at $3,682 per ton in 2022, picking up by 22% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, acrylic polymer export price decreased by -23.0% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 67%. As a result, the export price reached the peak level of $4,781 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($12,564 per ton), while the average price for exports to Israel ($1,921 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Acrylic Polymer Imports in Bulgaria
In 2022, supplies from abroad of acrylic polymers (in primary forms) decreased by -13.2% to 19K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a slight slump. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, imports reached the peak of 24K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, acrylic polymer imports dropped to $41M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 21%.
| Import of Acrylic Polymer in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 11.9 | 16.9 | 11.1 | 8.7 | -9.9% |
| Germany | 3.2 | 3.5 | 4.3 | 7.0 | 29.8% |
| Turkey | 5.8 | 4.4 | 5.3 | 5.2 | -3.6% |
| Saudi Arabia | 0.4 | 0.8 | 10.1 | 5.0 | 132.1% |
| Belgium | 3.6 | 3.5 | 3.9 | 3.5 | -0.9% |
| France | 1.7 | 2.1 | 1.8 | 2.4 | 12.2% |
| Poland | 0.5 | 0.9 | 1.3 | 1.8 | 53.3% |
| Italy | 0.9 | 1.1 | 1.2 | 1.3 | 13.0% |
| Greece | 0.2 | 0.3 | 0.3 | 1.3 | 86.6% |
| Bahrain | N/A | N/A | N/A | 1.2 | 0% |
| United Arab Emirates | N/A | 2.8 | 1.2 | N/A | -57.1% |
| Singapore | 1.5 | 0.9 | 1.0 | N/A | -18.4% |
| Others | 4.9 | 4.5 | 3.5 | 3.6 | -9.8% |
| Total | 34.5 | 41.8 | 45.0 | 41.0 | 5.9% |
Top Suppliers of Acrylic Polymer to Bulgaria in 2022:
- Turkey (4.2K tons)
- South Korea (3.9K tons)
- Germany (2.8K tons)
- Saudi Arabia (2.4K tons)
- Poland (0.9K tons)
- Belgium (0.8K tons)
- Italy (0.7K tons)
- France (0.7K tons)
- Bahrain (0.5K tons)
- Greece (0.5K tons)
Acrylic Polymer Exports in Bulgaria
In 2022, shipments abroad of acrylic polymers (in primary forms) decreased by -30% to 793 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 328%. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, acrylic polymer exports declined to $2.9M in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 231% against the previous year. As a result, the exports attained the peak of $4.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Acrylic Polymer in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 50.0 | 389 | 123 | 530 | 119.7% |
| Greece | 335 | 572 | 474 | 530 | 16.5% |
| Germany | 217 | 974 | 411 | 493 | 31.5% |
| Israel | 199 | 1.9 | 1,421 | 485 | 34.6% |
| Turkey | 25.0 | 108 | 95.7 | 207 | 102.3% |
| Ukraine | 43.4 | 108 | 127 | 173 | 58.6% |
| Serbia | 314 | 160 | 220 | 122 | -27.0% |
| Belgium | N/A | 375 | 24.5 | 110 | -45.8% |
| Poland | N/A | 123 | 57.4 | 5.9 | -78.1% |
| Hungary | N/A | 523 | 9.7 | 4.4 | -90.8% |
| Lithuania | N/A | 229 | 2.1 | N/A | -99.1% |
| Estonia | N/A | 213 | N/A | N/A | 0% |
| Others | 210 | 836 | 460 | 260 | 7.4% |
| Total | 1,392 | 4,611 | 3,427 | 2,920 | 28.0% |
Top Export Markets for Acrylic Polymer from Bulgaria in 2022:
- Israel (252.3 tons)
- Romania (167.7 tons)
- Germany (96.4 tons)
- Ukraine (69.3 tons)
- Greece (42.2 tons)
- Turkey (38.8 tons)
- Belgium (38.0 tons)
- Serbia (16.8 tons)
- Poland (3.1 tons)
- Hungary (1.6 tons)
This report provides an in-depth analysis of the acrylic polymer market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165350 - Polymethyl methacrylate, in primary forms
- Prodcom 20165390 - Acrylic polymers, in primary forms (excluding polymethyl methacrylate)
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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